Acorn Energy EBITDA vs. Return On Asset
| ACFNDelisted Stock | USD 0.29 0.03 9.38% |
For Acorn Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Acorn Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Acorn Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Acorn Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Acorn Energy over time as well as its relative position and ranking within its peers.
Acorn |
Acorn Energy Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Acorn Energy's current stock value. Our valuation model uses many indicators to compare Acorn Energy value to that of its competitors to determine the firm's financial worth. Acorn Energy is rated below average in ebitda 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 Acorn Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Acorn Energy's OTC 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.Acorn Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Acorn Energy |
| = | 67 K |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Acorn Energy |
| = | -0.0594 |
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.
Acorn Return On Asset Comparison
Acorn Energy is currently under evaluation in return on asset category among its peers.
Acorn Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Acorn Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Acorn Energy will eventually generate negative long term returns. The profitability progress is the general direction of Acorn Energy's change in net profit over the period of time. It can combine multiple indicators of Acorn Energy, 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.
Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. The company was incorporated in 1986 and is based in Wilmington, Delaware. Acorn Energy operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 25 people.
Acorn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Acorn Energy. 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 Acorn Energy 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 Acorn Energy's important profitability drivers and their relationship over time.
Use Acorn Energy 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 Acorn Energy 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 Acorn Energy will appreciate offsetting losses from the drop in the long position's value.Acorn Energy Pair Trading
Acorn Energy Pair Trading Analysis
The ability to find closely correlated positions to Acorn Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acorn Energy 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 Acorn Energy - 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 Acorn Energy to buy it.
The correlation of Acorn Energy 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 Acorn Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acorn Energy 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 Acorn Energy 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 Acorn Energy position
In addition to having Acorn Energy 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 Insurance Thematic Idea Now
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance 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 Insurance Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the Acorn Energy information on this page should be used as a complementary analysis to other Acorn Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Acorn OTC Stock
If you are still planning to invest in Acorn Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Acorn Energy's history and understand the potential risks before investing.
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