Husteel Price To Sales vs. Return On Asset
| 005010 Stock | 4,130 15.00 0.36% |
For Husteel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Husteel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Husteel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Husteel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Husteel over time as well as its relative position and ranking within its peers.
Husteel |
Husteel Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Husteel's current stock value. Our valuation model uses many indicators to compare Husteel value to that of its competitors to determine the firm's financial worth. Husteel is rated below average in price to sales category among its peers. It is number one stock in return on asset category among its peers reporting about 0.62 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Husteel is roughly 1.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Husteel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Husteel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Husteel Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 0.22 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
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| = | 0.13 |
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.
Husteel Return On Asset Comparison
Husteel is currently under evaluation in return on asset category among its peers.
Husteel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Husteel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Husteel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Husteel's important profitability drivers and their relationship over time.
Use Husteel in pair-trading
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 Husteel 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 Husteel will appreciate offsetting losses from the drop in the long position's value.Husteel Pair Trading
Husteel Pair Trading Analysis
The ability to find closely correlated positions to Husteel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Husteel 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 Husteel - 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 Husteel to buy it.
The correlation of Husteel 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 Husteel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Husteel 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 Husteel 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.Use Investing Themes to Complement your Husteel position
In addition to having Husteel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Other Information on Investing in Husteel Stock
To fully project Husteel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Husteel at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Husteel's income statement, its balance sheet, and the statement of cash flows.