Empyrean Technology Profitability Analysis
| 301269 Stock | 122.02 0.52 0.43% |
Net Income | First Reported 2010-12-31 | Previous Quarter 200.7 M | Current Value 151 M | Quarterly Volatility 52.4 M |
For Empyrean Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Empyrean Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Empyrean Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Empyrean Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Empyrean Technology Co over time as well as its relative position and ranking within its peers.
Empyrean |
Empyrean Technology Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Empyrean Technology's current stock value. Our valuation model uses many indicators to compare Empyrean Technology value to that of its competitors to determine the firm's financial worth. Empyrean Technology Co is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Empyrean Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Empyrean Technology'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.Empyrean 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.
Empyrean Technology |
| = | 0.0182 |
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.
Empyrean Technology |
| = | -0.0076 |
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.
Empyrean Return On Asset Comparison
Empyrean Technology is currently under evaluation in return on asset category among its peers.
Empyrean Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Empyrean Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Empyrean Technology will eventually generate negative long term returns. The profitability progress is the general direction of Empyrean Technology's change in net profit over the period of time. It can combine multiple indicators of Empyrean Technology, 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 | ||
| Net Interest Income | 60.6 M | 63.7 M | |
| Interest Income | 63.1 M | 66.3 M | |
| Operating Income | 150 M | 137.4 M | |
| Net Income From Continuing Ops | 200.7 M | 151 M | |
| Income Before Tax | 200.4 M | 150.9 M | |
| Net Income | 200.7 M | 151 M |
Empyrean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Empyrean Technology. 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 Empyrean Technology 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 Empyrean Technology's important profitability drivers and their relationship over time.
Use Empyrean Technology 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 Empyrean Technology 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 Empyrean Technology will appreciate offsetting losses from the drop in the long position's value.Empyrean Technology Pair Trading
Empyrean Technology Co Pair Trading Analysis
The ability to find closely correlated positions to Empyrean Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empyrean Technology 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 Empyrean Technology - 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 Empyrean Technology Co to buy it.
The correlation of Empyrean Technology 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 Empyrean Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empyrean Technology 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 Empyrean Technology 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 Empyrean Technology position
In addition to having Empyrean Technology 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 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 Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Empyrean Stock
To fully project Empyrean Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Empyrean Technology 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 Empyrean Technology's income statement, its balance sheet, and the statement of cash flows.