PLAY2CHILL Return On Equity vs. Beta
| 688 Stock | 0.93 0.06 6.90% |
For PLAY2CHILL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PLAY2CHILL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PLAY2CHILL SA ZY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PLAY2CHILL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PLAY2CHILL SA ZY over time as well as its relative position and ranking within its peers.
PLAY2CHILL |
PLAY2CHILL SA ZY Beta vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PLAY2CHILL's current stock value. Our valuation model uses many indicators to compare PLAY2CHILL value to that of its competitors to determine the firm's financial worth. PLAY2CHILL SA ZY is rated fourth in return on equity category among its peers. It is rated third in beta category among its peers . 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 PLAY2CHILL's earnings, one of the primary drivers of an investment's value.PLAY2CHILL Beta 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.
PLAY2CHILL |
| = | -0.14 |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
PLAY2CHILL |
| = | 0.79 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
PLAY2CHILL Beta Comparison
PLAY2CHILL is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, PLAY2CHILL's returns are expected to increase less than the market. However, during the bear market, the loss of holding PLAY2CHILL is expected to be smaller as well.
PLAY2CHILL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PLAY2CHILL. 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 PLAY2CHILL 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 PLAY2CHILL's important profitability drivers and their relationship over time.
| Return On Equity vs Return On Asset | ||
| Profit Margin vs Beta | ||
| Return On Equity vs Shares Outstanding | ||
| Shares Owned By Insiders vs Beta | ||
| Return On Equity vs Gross Profit | ||
| Market Capitalization vs Beta |
Use PLAY2CHILL 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 PLAY2CHILL 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 PLAY2CHILL will appreciate offsetting losses from the drop in the long position's value.PLAY2CHILL Pair Trading
PLAY2CHILL SA ZY Pair Trading Analysis
The ability to find closely correlated positions to PLAY2CHILL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PLAY2CHILL 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 PLAY2CHILL - 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 PLAY2CHILL SA ZY to buy it.
The correlation of PLAY2CHILL 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 PLAY2CHILL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PLAY2CHILL SA ZY 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 PLAY2CHILL 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 PLAY2CHILL position
In addition to having PLAY2CHILL 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 Investment Grade ETFs Thematic Idea Now
Investment Grade ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 260 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 Investment Grade ETFs Theme or any other thematic opportunities.
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Other Information on Investing in PLAY2CHILL Stock
To fully project PLAY2CHILL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PLAY2CHILL SA ZY 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 PLAY2CHILL's income statement, its balance sheet, and the statement of cash flows.