East Money Return On Equity vs. Return On Asset
300059 Stock | 25.14 0.23 0.91% |
For East Money profitability analysis, we use financial ratios and fundamental drivers that measure the ability of East Money to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well East Money Information utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between East Money's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of East Money Information over time as well as its relative position and ranking within its peers.
East |
East Money Information Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining East Money's current stock value. Our valuation model uses many indicators to compare East Money value to that of its competitors to determine the firm's financial worth. East Money Information is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for East Money Information is roughly 3.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value East Money by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for East Money'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.East Return On Asset 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.
East Money |
| = | 0.11 |
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.
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.
East Money |
| = | 0.0289 |
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.
East Return On Asset Comparison
East Money is currently under evaluation in return on asset category among its peers.
East Money Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in East Money, profitability is also one of the essential criteria for including it into their portfolios because, without profit, East Money will eventually generate negative long term returns. The profitability progress is the general direction of East Money's change in net profit over the period of time. It can combine multiple indicators of East Money, 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.
Last Reported | Projected for Next Year | ||
Operating Income | 7 B | 7.3 B | |
Income Before Tax | 9.3 B | 9.8 B | |
Net Income Applicable To Common Shares | 9.8 B | 10.3 B | |
Net Income | 8.2 B | 8.6 B | |
Income Tax Expense | 1.5 B | 1.5 B | |
Net Income From Continuing Ops | 8.2 B | 4.4 B | |
Total Other Income Expense Net | -13.1 M | -12.4 M | |
Net Interest Income | 168.6 M | 160.2 M | |
Interest Income | 262.3 M | 175 M | |
Change To Netincome | 1.1 B | 1.2 B |
East Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on East Money. 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 East Money 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 East Money's important profitability drivers and their relationship over time.
Use East Money 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 East Money 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 East Money will appreciate offsetting losses from the drop in the long position's value.East Money Pair Trading
East Money Information Pair Trading Analysis
The ability to find closely correlated positions to East Money could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East Money 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 East Money - 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 East Money Information to buy it.
The correlation of East Money 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 East Money moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East Money Information 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 East Money 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 East Money position
In addition to having East Money 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 Crypto And Gold Thematic Idea Now
Crypto And Gold
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 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 Crypto And Gold Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in East Stock
To fully project East Money's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of East Money Information 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 East Money's income statement, its balance sheet, and the statement of cash flows.