Seagen Inc Stock Return On Asset

SGENDelisted Stock  USD 196.23  2.04  1.05%   
Seagen Inc fundamentals help investors to digest information that contributes to Seagen's financial success or failures. It also enables traders to predict the movement of Seagen Stock. The fundamental analysis module provides a way to measure Seagen'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 Seagen stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Seagen Inc Company Return On Asset Analysis

Seagen'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Seagen Return On Asset

    
  -0.13  
Most of Seagen'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, Seagen Inc 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.
Competition

Based on the latest financial disclosure, Seagen Inc has a Return On Asset of -0.1294. This is 98.52% lower than that of the Biotechnology sector and 99.45% lower than that of the Health Care industry. The return on asset for all United States stocks is 7.57% lower than that of the firm.

Seagen Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Seagen'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 Seagen could also be used in its relative valuation, which is a method of valuing Seagen by comparing valuation metrics of similar companies.
Seagen is currently under evaluation in return on asset category among its peers.

Seagen Fundamentals

About Seagen Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Seagen Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seagen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seagen Inc 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 Seagen

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 Seagen 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 Seagen will appreciate offsetting losses from the drop in the long position's value.

Moving against Seagen Stock

  0.68T ATT Inc Aggressive PushPairCorr
  0.55CAT Caterpillar Fiscal Year End 3rd of February 2025 PairCorr
  0.53WMT Walmart Aggressive PushPairCorr
  0.49DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr
  0.47AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
The ability to find closely correlated positions to Seagen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seagen 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 Seagen - 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 Seagen Inc to buy it.
The correlation of Seagen 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 Seagen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seagen Inc 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 Seagen 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.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Consideration for investing in Seagen Stock

If you are still planning to invest in Seagen Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Seagen's history and understand the potential risks before investing.
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