Andean Silver Beta vs. Return On Equity
| ASL Stock | 1.04 0.05 5.05% |
For Andean Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Andean Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Andean Silver Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Andean Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Andean Silver Limited over time as well as its relative position and ranking within its peers.
Andean |
Andean Silver Limited Return On Equity vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Andean Silver's current stock value. Our valuation model uses many indicators to compare Andean Silver value to that of its competitors to determine the firm's financial worth. Andean Silver Limited is rated below average in beta category among its peers. It is rated below average in return on equity 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 Andean Silver's earnings, one of the primary drivers of an investment's value.Andean Return On Equity vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Andean Silver |
| = | 0.76 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
Andean Silver |
| = | -1.07 |
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.
Andean Return On Equity Comparison
Andean Silver is currently under evaluation in return on equity category among its peers.
Beta Analysis
As returns on the market increase, Andean Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andean Silver is expected to be smaller as well.
Andean Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Andean Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Andean Silver will eventually generate negative long term returns. The profitability progress is the general direction of Andean Silver's change in net profit over the period of time. It can combine multiple indicators of Andean Silver, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 9.3 K | 9.8 K | |
| Operating Income | -1.5 M | -1.6 M | |
| Net Loss | -1.5 M | -1.6 M | |
| Income Before Tax | -1.5 M | -1.6 M | |
| Net Loss | -1.5 M | -1.4 M | |
| Interest Income | 9.2 K | 8.2 K |
Andean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Andean Silver. 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 Andean Silver 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 Andean Silver's important profitability drivers and their relationship over time.
Use Andean Silver 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 Andean Silver 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 Andean Silver will appreciate offsetting losses from the drop in the long position's value.Andean Silver Pair Trading
Andean Silver Limited Pair Trading Analysis
The ability to find closely correlated positions to Andean Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andean Silver 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 Andean Silver - 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 Andean Silver Limited to buy it.
The correlation of Andean Silver 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 Andean Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andean Silver Limited 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 Andean Silver 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 Andean Silver position
In addition to having Andean Silver 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 Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Additional Tools for Andean Stock Analysis
When running Andean Silver's price analysis, check to measure Andean Silver'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 Andean Silver is operating at the current time. Most of Andean Silver's value examination focuses on studying past and present price action to predict the probability of Andean Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andean Silver's price. Additionally, you may evaluate how the addition of Andean Silver to your portfolios can decrease your overall portfolio volatility.