Radium Life Return On Equity vs. Net Income
| 2547 Stock | TWD 10.70 0.15 1.38% |
For Radium Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Radium Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Radium Life Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Radium Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Radium Life Tech over time as well as its relative position and ranking within its peers.
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Radium Life Tech Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Radium Life's current stock value. Our valuation model uses many indicators to compare Radium Life value to that of its competitors to determine the firm's financial worth. Radium Life Tech is number one stock in return on equity category among its peers. It also is number one stock in net income category among its peers making up about 2,452,967,480 of Net Income per Return On Equity. 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 Radium Life's earnings, one of the primary drivers of an investment's value.Radium Net Income vs. Return On Equity
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.
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| = | 0.0246 |
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.
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.
Radium Life |
| = | 60.34 M |
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.
Radium Net Income Comparison
Radium Life is currently under evaluation in net income category among its peers.
Radium Life Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Radium Life, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Radium Life will eventually generate negative long term returns. The profitability progress is the general direction of Radium Life's change in net profit over the period of time. It can combine multiple indicators of Radium Life, 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.
Radium Life Technology Co., Ltd. develops real estate projects in Taiwan. Radium Life Technology Co., Ltd. was founded in 1980 and is based in Taipei City, Taiwan. RADIUM LIFE operates under Real Estate Services classification in Taiwan and is traded on Taiwan Stock Exchange.
Radium Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Radium Life. 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 Radium Life 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 Radium Life's important profitability drivers and their relationship over time.
Use Radium Life 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 Radium Life 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 Radium Life will appreciate offsetting losses from the drop in the long position's value.Radium Life Pair Trading
Radium Life Tech Pair Trading Analysis
The ability to find closely correlated positions to Radium Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radium Life 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 Radium Life - 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 Radium Life Tech to buy it.
The correlation of Radium Life 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 Radium Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radium Life 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 Radium Life 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 Radium Life position
In addition to having Radium Life 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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Additional Tools for Radium Stock Analysis
When running Radium Life's price analysis, check to measure Radium Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Radium Life is operating at the current time. Most of Radium Life's value examination focuses on studying past and present price action to predict the probability of Radium Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radium Life's price. Additionally, you may evaluate how the addition of Radium Life to your portfolios can decrease your overall portfolio volatility.