Voltronic Power Return On Asset vs. Gross Profit
| 6409 Stock | TWD 1,840 10.00 0.54% |
For Voltronic Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voltronic Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voltronic Power Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voltronic Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voltronic Power Technology over time as well as its relative position and ranking within its peers.
Voltronic |
Voltronic Power Tech Gross Profit vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voltronic Power's current stock value. Our valuation model uses many indicators to compare Voltronic Power value to that of its competitors to determine the firm's financial worth. Voltronic Power Technology is number one stock in return on asset category among its peers. It also is number one stock in gross profit category among its peers fabricating about 20,636,625,180 of Gross Profit 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 Voltronic Power's earnings, one of the primary drivers of an investment's value.Voltronic Gross Profit 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.
Voltronic Power |
| = | 0.21 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Voltronic Power |
| = | 4.31 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Voltronic Gross Profit Comparison
Voltronic Power is currently under evaluation in gross profit category among its peers.
Voltronic Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voltronic Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voltronic Power will eventually generate negative long term returns. The profitability progress is the general direction of Voltronic Power's change in net profit over the period of time. It can combine multiple indicators of Voltronic Power, 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.
Voltronic Power Technology Corp. primarily designs, manufactures, markets, introduces, and sells uninterruptible power systems in Taiwan and China. The company was founded in 2008 and is headquartered in Taipei, Taiwan. VOLTRONIC POWER is traded on Taiwan Stock Exchange in Taiwan.
Voltronic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voltronic Power. 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 Voltronic Power 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 Voltronic Power's important profitability drivers and their relationship over time.
Use Voltronic Power 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 Voltronic Power 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 Voltronic Power will appreciate offsetting losses from the drop in the long position's value.Voltronic Power Pair Trading
Voltronic Power Technology Pair Trading Analysis
The ability to find closely correlated positions to Voltronic Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voltronic Power 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 Voltronic Power - 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 Voltronic Power Technology to buy it.
The correlation of Voltronic Power 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 Voltronic Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voltronic Power 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 Voltronic Power 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 Voltronic Power position
In addition to having Voltronic Power 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Voltronic Stock Analysis
When running Voltronic Power's price analysis, check to measure Voltronic Power'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 Voltronic Power is operating at the current time. Most of Voltronic Power's value examination focuses on studying past and present price action to predict the probability of Voltronic Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voltronic Power's price. Additionally, you may evaluate how the addition of Voltronic Power to your portfolios can decrease your overall portfolio volatility.