Aphria Return On Asset vs. Revenue
Based on the key profitability measurements obtained from Aphria's financial statements, Aphria Inc may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Aphria's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Please note, there is a significant difference between Aphria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aphria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aphria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Aphria profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aphria to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aphria Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aphria's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aphria Inc over time as well as its relative position and ranking within its peers.
Aphria |
Aphria Inc Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aphria's current stock value. Our valuation model uses many indicators to compare Aphria value to that of its competitors to determine the firm's financial worth. Aphria Inc is number one stock in return on asset category among its peers. It also is the top company in revenue 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 Aphria's earnings, one of the primary drivers of an investment's value.Aphria Revenue vs. Return On Asset
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.
Aphria |
| = | -1.31 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Aphria |
| = | 611.06 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Aphria Revenue vs Competition
Aphria Inc is the top company in revenue category among its peers. Market size based on revenue of Drug Manufacturers—Specialty & Generic industry is presently estimated at about 30.31 Billion. Aphria holds roughly 611.06 Million in revenue claiming about 2.02% of equities under Drug Manufacturers—Specialty & Generic industry.
Aphria Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aphria, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aphria will eventually generate negative long term returns. The profitability progress is the general direction of Aphria's change in net profit over the period of time. It can combine multiple indicators of Aphria, 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.
Aphria Inc. cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. It serves patients and consumers through distributors and online. Aphria operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on New York Stock Exchange. It employs 1200 people.
Aphria Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aphria. 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 Aphria 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 Aphria's important profitability drivers and their relationship over time.
Use Aphria 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 Aphria 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 Aphria will appreciate offsetting losses from the drop in the long position's value.Aphria Pair Trading
Aphria Inc Pair Trading Analysis
The ability to find closely correlated positions to MT Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MT Bank 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 MT Bank - 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 MT Bank to buy it.
The correlation of MT Bank 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 MT Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MT Bank 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 MT Bank 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 Aphria position
In addition to having Aphria 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?
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Aphria Stock
If you are still planning to invest in Aphria Inc 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 Aphria's history and understand the potential risks before investing.
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