LS Electric Return On Asset vs. Price To Book
| 010120 Stock | 144,000 300.00 0.21% |
For LS Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LS Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LS Electric utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LS Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LS Electric over time as well as its relative position and ranking within its peers.
010120 |
LS Electric Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LS Electric's current stock value. Our valuation model uses many indicators to compare LS Electric value to that of its competitors to determine the firm's financial worth. LS Electric is rated fourth in return on asset category among its peers. It is rated second in price to book category among its peers fabricating about 24.84 of Price To Book per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value LS Electric by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for LS Electric'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.010120 Price To Book vs. Return On Asset
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.
LS Electric |
| = | 0.0434 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
LS Electric |
| = | 1.08 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
010120 Price To Book Comparison
LS Electric is currently under evaluation in price to book category among its peers.
010120 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LS Electric. 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 LS Electric 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 LS Electric's important profitability drivers and their relationship over time.
Use LS Electric 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 LS Electric 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 LS Electric will appreciate offsetting losses from the drop in the long position's value.LS Electric Pair Trading
LS Electric Pair Trading Analysis
The ability to find closely correlated positions to LS Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LS Electric 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 LS Electric - 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 LS Electric to buy it.
The correlation of LS Electric 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 LS Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LS Electric 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 LS Electric 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 LS Electric position
In addition to having LS Electric 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 Shipping Containers Thematic Idea Now
Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.
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Other Information on Investing in 010120 Stock
To fully project LS Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LS Electric 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 LS Electric's income statement, its balance sheet, and the statement of cash flows.