ANDRADA MINING Profit Margin vs. Return On Asset
| 9IA Stock | EUR 0.02 0.0005 2.08% |
For ANDRADA MINING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ANDRADA MINING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ANDRADA MINING LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ANDRADA MINING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ANDRADA MINING LTD over time as well as its relative position and ranking within its peers.
ANDRADA |
ANDRADA MINING LTD Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ANDRADA MINING's current stock value. Our valuation model uses many indicators to compare ANDRADA MINING value to that of its competitors to determine the firm's financial worth. ANDRADA MINING LTD is number one stock in profit margin category among its peers. It also is number one stock in return on asset 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 ANDRADA MINING's earnings, one of the primary drivers of an investment's value.ANDRADA Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
ANDRADA MINING |
| = | (0.21) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
ANDRADA MINING |
| = | -0.0467 |
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.
ANDRADA Return On Asset Comparison
ANDRADA MINING is currently under evaluation in return on asset category among its peers.
ANDRADA MINING Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ANDRADA MINING, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ANDRADA MINING will eventually generate negative long term returns. The profitability progress is the general direction of ANDRADA MINING's change in net profit over the period of time. It can combine multiple indicators of ANDRADA MINING, 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.
AfriTin Mining Limited, together with its subsidiaries, engages in the exploration and development of projects in Namibia and South Africa. AfriTin Mining Limited was founded in 2017 and is headquartered in St Peter Port, Guernsey. AFRITIN MINING is traded on Frankfurt Stock Exchange in Germany.
ANDRADA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ANDRADA MINING. 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 ANDRADA MINING 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 ANDRADA MINING's important profitability drivers and their relationship over time.
Use ANDRADA MINING 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 ANDRADA MINING 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 ANDRADA MINING will appreciate offsetting losses from the drop in the long position's value.ANDRADA MINING Pair Trading
ANDRADA MINING LTD Pair Trading Analysis
The ability to find closely correlated positions to ANDRADA MINING could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ANDRADA MINING 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 ANDRADA MINING - 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 ANDRADA MINING LTD to buy it.
The correlation of ANDRADA MINING 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 ANDRADA MINING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ANDRADA MINING LTD 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 ANDRADA MINING 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 ANDRADA MINING position
In addition to having ANDRADA MINING 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 Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 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 Chemicals Theme or any other thematic opportunities.
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Other Information on Investing in ANDRADA Stock
To fully project ANDRADA MINING's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ANDRADA MINING LTD 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 ANDRADA MINING's income statement, its balance sheet, and the statement of cash flows.