Primoco Uav Se Stock Return On Asset
| PRIUA Stock | 900.00 10.00 1.12% |
Primoco UAV SE fundamentals help investors to digest information that contributes to Primoco UAV's financial success or failures. It also enables traders to predict the movement of Primoco Stock. The fundamental analysis module provides a way to measure Primoco UAV's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Primoco UAV stock.
Primoco |
Primoco UAV SE Company Return On Asset Analysis
Primoco UAV's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Primoco UAV Return On Asset | -0.25 |
Most of Primoco UAV's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Primoco UAV SE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Primoco UAV SE has a Return On Asset of -0.2539. This is 50.22% lower than that of the Industrials sector and 106.66% lower than that of the Aerospace & Defense industry. The return on asset for all Czech Republic stocks is 81.36% higher than that of the company.
Primoco Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primoco UAV's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Primoco UAV could also be used in its relative valuation, which is a method of valuing Primoco UAV by comparing valuation metrics of similar companies.Primoco UAV is rated below average in return on asset category among its peers.
Primoco Fundamentals
| Return On Equity | -0.53 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (2.11) % | |||
| Operating Margin | (2.07) % | |||
| Shares Outstanding | 4.71 M | |||
| Shares Owned By Insiders | 85.00 % | |||
| Shares Owned By Institutions | 6.80 % | |||
| Price To Sales | 131.35 X | |||
| Revenue | 13.27 M | |||
| Gross Profit | (16.49 M) | |||
| EBITDA | (24.78 M) | |||
| Book Value Per Share | 17.92 X | |||
| Earnings Per Share | (5.94) X | |||
| Number Of Employees | 32 | |||
| Beta | 0.37 | |||
| Market Capitalization | 2 B |
About Primoco UAV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primoco UAV SE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primoco UAV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primoco UAV SE based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Primoco UAV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Primoco UAV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Primoco UAV will appreciate offsetting losses from the drop in the long position's value.Moving against Primoco Stock
The ability to find closely correlated positions to Primoco UAV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primoco UAV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Primoco UAV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Primoco UAV SE to buy it.
The correlation of Primoco UAV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Primoco UAV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Primoco UAV SE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Primoco UAV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Primoco Stock Analysis
When running Primoco UAV's price analysis, check to measure Primoco UAV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primoco UAV is operating at the current time. Most of Primoco UAV's value examination focuses on studying past and present price action to predict the probability of Primoco UAV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primoco UAV's price. Additionally, you may evaluate how the addition of Primoco UAV to your portfolios can decrease your overall portfolio volatility.