Black Box Return On Asset vs. Cash Flow From Operations
| BBOX Stock | 602.75 3.85 0.64% |
For Black Box profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Black Box to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Black Box Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Black Box's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Black Box Limited over time as well as its relative position and ranking within its peers.
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Black Box Limited Cash Flow From Operations vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Black Box's current stock value. Our valuation model uses many indicators to compare Black Box value to that of its competitors to determine the firm's financial worth. Black Box Limited is rated below average in return on asset category among its peers. It also is rated below average in cash flow from operations category among its peers making about 16,957,070,707 of Cash Flow From Operations per Return On Asset. 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 Black Box's earnings, one of the primary drivers of an investment's value.Black Cash Flow From Operations 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.
Black Box |
| = | 0.0792 |
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.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Black Box |
| = | 1.34 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Black Cash Flow From Operations Comparison
Black Box is rated below average in cash flow from operations category among its peers.
Black Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Black Box. 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 Black Box 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 Black Box's important profitability drivers and their relationship over time.
Use Black Box 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 Black Box 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 Black Box will appreciate offsetting losses from the drop in the long position's value.Black Box Pair Trading
Black Box Limited Pair Trading Analysis
The ability to find closely correlated positions to Black Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Box 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 Black Box - 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 Black Box Limited to buy it.
The correlation of Black Box 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 Black Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Box 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 Black Box 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 Black Box position
In addition to having Black Box 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities 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 Utilities Theme or any other thematic opportunities.
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Additional Tools for Black Stock Analysis
When running Black Box's price analysis, check to measure Black Box'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 Black Box is operating at the current time. Most of Black Box's value examination focuses on studying past and present price action to predict the probability of Black Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Box's price. Additionally, you may evaluate how the addition of Black Box to your portfolios can decrease your overall portfolio volatility.