Acast AB Return On Equity vs. Profit Margin
| ACAST Stock | 15.05 0.05 0.33% |
For Acast AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Acast AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Acast AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Acast AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Acast AB over time as well as its relative position and ranking within its peers.
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Acast AB Profit Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Acast AB's current stock value. Our valuation model uses many indicators to compare Acast AB value to that of its competitors to determine the firm's financial worth. Acast AB is number one stock in return on equity category among its peers. It also is number one stock in profit margin 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 Acast AB's earnings, one of the primary drivers of an investment's value.Acast Profit Margin 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.
Acast AB |
| = | -0.17 |
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.
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.
Acast AB |
| = | (0.19) % |
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.
Acast Profit Margin Comparison
Acast AB is currently under evaluation in profit margin category among its peers.
Acast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Acast AB. 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 Acast AB 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 Acast AB's important profitability drivers and their relationship over time.
Use Acast AB 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 Acast AB 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 Acast AB will appreciate offsetting losses from the drop in the long position's value.Acast AB Pair Trading
Acast AB Pair Trading Analysis
The ability to find closely correlated positions to Acast AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acast AB 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 Acast AB - 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 Acast AB to buy it.
The correlation of Acast AB 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 Acast AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acast AB 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 Acast AB 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 Acast AB position
In addition to having Acast AB 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Additional Tools for Acast Stock Analysis
When running Acast AB's price analysis, check to measure Acast AB'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 Acast AB is operating at the current time. Most of Acast AB's value examination focuses on studying past and present price action to predict the probability of Acast AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acast AB's price. Additionally, you may evaluate how the addition of Acast AB to your portfolios can decrease your overall portfolio volatility.