Unisync Corp Stock Return On Equity
| UNI Stock | CAD 1.50 0.08 5.63% |
Unisync Corp fundamentals help investors to digest information that contributes to Unisync Corp's financial success or failures. It also enables traders to predict the movement of Unisync Stock. The fundamental analysis module provides a way to measure Unisync Corp'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 Unisync Corp stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.21 | 0.22 |
Unisync | Return On Equity |
Unisync Corp Company Return On Equity Analysis
Unisync Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Unisync Corp Return On Equity | -0.37 |
Most of Unisync Corp's fundamental indicators, such as Return On Equity, 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, Unisync Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Unisync Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Unisync Corp is extremely important. It helps to project a fair market value of Unisync Stock properly, considering its historical fundamentals such as Return On Equity. Since Unisync Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Unisync Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Unisync Corp's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Unisync Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Unisync Corp has a Return On Equity of -0.3666. This is 110.18% lower than that of the Textiles, Apparel & Luxury Goods sector and 204.74% lower than that of the Consumer Discretionary industry. The return on equity for all Canada stocks is 18.26% higher than that of the company.
Unisync Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Unisync Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Unisync Corp could also be used in its relative valuation, which is a method of valuing Unisync Corp by comparing valuation metrics of similar companies.Unisync Corp is currently under evaluation in return on equity category among its peers.
Unisync Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Unisync Corp from analyzing Unisync Corp's financial statements. These drivers represent accounts that assess Unisync Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Unisync Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 33.8M | 59.6M | 45.6M | 29.3M | 17.6M | 20.4M | |
| Enterprise Value | 71.5M | 99.2M | 90.8M | 88.5M | 23.0M | 34.9M |
Fund Asset Allocation for Unisync Corp
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Unisync Corp's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Unisync Fundamentals
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.0358 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 82.49 M | ||||
| Shares Outstanding | 19.01 M | ||||
| Shares Owned By Insiders | 36.68 % | ||||
| Shares Owned By Institutions | 8.17 % | ||||
| Number Of Shares Shorted | 149 | ||||
| Price To Earning | 13.16 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 103.6 M | ||||
| Gross Profit | 23.54 M | ||||
| EBITDA | (3.49 M) | ||||
| Net Income | (9.18 M) | ||||
| Cash And Equivalents | 307.93 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 59.25 M | ||||
| Debt To Equity | 1.30 % | ||||
| Current Ratio | 1.27 X | ||||
| Book Value Per Share | 0.93 X | ||||
| Cash Flow From Operations | (3.32 M) | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | (0.51) X | ||||
| Target Price | 4.5 | ||||
| Number Of Employees | 303 | ||||
| Beta | 1.42 | ||||
| Market Capitalization | 27 M | ||||
| Total Asset | 109.42 M | ||||
| Retained Earnings | (13.57 M) | ||||
| Working Capital | (5.78 M) | ||||
| Year To Date Return | 3.05 % | ||||
| One Year Return | 2.12 % | ||||
| Three Year Return | 1.51 % | ||||
| Five Year Return | (2.24) % | ||||
| Ten Year Return | 6.09 % | ||||
| Net Asset | 109.42 M | ||||
| Minimum Initial Investment | 500 | ||||
| Equity Positions Weight | 100.00 % |
About Unisync Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Unisync Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unisync Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unisync Corp 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 Unisync Corp
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 Unisync Corp 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 Unisync Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Unisync Stock
| 0.46 | IMG | IAMGold | PairCorr |
| 0.41 | SOY | SunOpta | PairCorr |
| 0.35 | EDV | Endeavour Mining Corp | PairCorr |
| 0.32 | AEM | Agnico Eagle Mines | PairCorr |
The ability to find closely correlated positions to Unisync Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unisync Corp 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 Unisync Corp - 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 Unisync Corp to buy it.
The correlation of Unisync Corp 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 Unisync Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unisync Corp 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 Unisync Corp 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.Other Information on Investing in Unisync Stock
Unisync Corp financial ratios help investors to determine whether Unisync Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Unisync with respect to the benefits of owning Unisync Corp security.