UNIVERSAL MUSIC Return On Asset vs. Shares Owned By Institutions
| 0VD Stock | 23.48 0.18 0.77% |
For UNIVERSAL MUSIC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of UNIVERSAL MUSIC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well UNIVERSAL MUSIC GROUP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between UNIVERSAL MUSIC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of UNIVERSAL MUSIC GROUP over time as well as its relative position and ranking within its peers.
UNIVERSAL |
UNIVERSAL MUSIC GROUP Shares Owned By Institutions vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining UNIVERSAL MUSIC's current stock value. Our valuation model uses many indicators to compare UNIVERSAL MUSIC value to that of its competitors to determine the firm's financial worth. UNIVERSAL MUSIC GROUP is number one stock in return on asset category among its peers. It is rated below average in shares owned by institutions category among its peers producing about 361.83 of Shares Owned By Institutions per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the UNIVERSAL MUSIC's earnings, one of the primary drivers of an investment's value.UNIVERSAL Shares Owned By Institutions 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.
UNIVERSAL MUSIC |
| = | 0.0786 |
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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
UNIVERSAL MUSIC |
| = | 28.44 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
UNIVERSAL Shares Owned By Institutions Comparison
UNIVERSAL MUSIC is currently under evaluation in shares owned by institutions category among its peers.
UNIVERSAL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on UNIVERSAL MUSIC. 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 UNIVERSAL MUSIC 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 UNIVERSAL MUSIC's important profitability drivers and their relationship over time.
Use UNIVERSAL MUSIC 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 UNIVERSAL MUSIC 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 UNIVERSAL MUSIC will appreciate offsetting losses from the drop in the long position's value.UNIVERSAL MUSIC Pair Trading
UNIVERSAL MUSIC GROUP Pair Trading Analysis
The ability to find closely correlated positions to UNIVERSAL MUSIC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UNIVERSAL MUSIC 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 UNIVERSAL MUSIC - 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 UNIVERSAL MUSIC GROUP to buy it.
The correlation of UNIVERSAL MUSIC 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 UNIVERSAL MUSIC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UNIVERSAL MUSIC GROUP 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 UNIVERSAL MUSIC 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 UNIVERSAL MUSIC position
In addition to having UNIVERSAL MUSIC 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 Strategy ETFs Thematic Idea Now
Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1286 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 Strategy ETFs Theme or any other thematic opportunities.
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Other Information on Investing in UNIVERSAL Stock
To fully project UNIVERSAL MUSIC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of UNIVERSAL MUSIC GROUP 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 UNIVERSAL MUSIC's income statement, its balance sheet, and the statement of cash flows.