CurrentC Power Return On Equity vs. Gross Profit
| AECX Stock | 0.18 0.02 10.00% |
For CurrentC Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CurrentC Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CurrentC Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CurrentC Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CurrentC Power over time as well as its relative position and ranking within its peers.
CurrentC |
CurrentC Power Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CurrentC Power's current stock value. Our valuation model uses many indicators to compare CurrentC Power value to that of its competitors to determine the firm's financial worth. CurrentC Power is rated below average in return on equity category among its peers. It is rated below average in gross profit category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value CurrentC Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CurrentC Power's Pink Sheet. 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.CurrentC Gross Profit 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.
CurrentC Power |
| = | -0.48 |
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.
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.
CurrentC Power |
| = | (20.02 K) |
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.
CurrentC Gross Profit Comparison
CurrentC Power is currently under evaluation in gross profit category among its peers.
CurrentC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CurrentC 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 CurrentC 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 CurrentC Power's important profitability drivers and their relationship over time.
Use CurrentC 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 CurrentC 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 CurrentC Power will appreciate offsetting losses from the drop in the long position's value.CurrentC Power Pair Trading
CurrentC Power Pair Trading Analysis
The ability to find closely correlated positions to CurrentC 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 CurrentC 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 CurrentC 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 CurrentC Power to buy it.
The correlation of CurrentC 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 CurrentC Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CurrentC Power 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 CurrentC 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 CurrentC Power position
In addition to having CurrentC 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 High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 112 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 High Dividend Yield ETFs Theme or any other thematic opportunities.
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Additional Tools for CurrentC Pink Sheet Analysis
When running CurrentC Power's price analysis, check to measure CurrentC 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 CurrentC Power is operating at the current time. Most of CurrentC Power's value examination focuses on studying past and present price action to predict the probability of CurrentC 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 CurrentC Power's price. Additionally, you may evaluate how the addition of CurrentC Power to your portfolios can decrease your overall portfolio volatility.