Yura Tech Net Income vs. Return On Asset
| 048430 Stock | KRW 6,360 30.00 0.47% |
For Yura Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yura Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yura Tech Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yura Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yura Tech Co over time as well as its relative position and ranking within its peers.
Yura |
Yura Tech Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Yura Tech's current stock value. Our valuation model uses many indicators to compare Yura Tech value to that of its competitors to determine the firm's financial worth. Yura Tech Co is number one stock in net income category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Net Income to Return On Asset for Yura Tech Co is about 425,075,687,500 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Yura Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Yura Tech'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.Yura Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Yura Tech |
| = | 2.72 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of 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.
Yura Tech |
| = | 0.0064 |
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.
Yura Return On Asset Comparison
Yura Tech is currently under evaluation in return on asset category among its peers.
Yura Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Yura Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yura Tech will eventually generate negative long term returns. The profitability progress is the general direction of Yura Tech's change in net profit over the period of time. It can combine multiple indicators of Yura Tech, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Yura Tech. Co., Ltd. manufactures and sells automobile components in South Korea.
Yura Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Yura Tech. 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 Yura Tech 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 Yura Tech's important profitability drivers and their relationship over time.
Use Yura Tech 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 Yura Tech 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 Yura Tech will appreciate offsetting losses from the drop in the long position's value.Yura Tech Pair Trading
Yura Tech Co Pair Trading Analysis
The ability to find closely correlated positions to Yura Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yura Tech 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 Yura Tech - 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 Yura Tech Co to buy it.
The correlation of Yura Tech 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 Yura Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yura Tech 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 Yura Tech 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 Yura Tech position
In addition to having Yura Tech 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?
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Other Information on Investing in Yura Stock
To fully project Yura Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yura Tech 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 Yura Tech's income statement, its balance sheet, and the statement of cash flows.