BH Macro Return On Asset vs. Price To Sales
| BHMG Stock | 405.00 1.00 0.25% |
For BH Macro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BH Macro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BH Macro Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BH Macro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BH Macro Limited over time as well as its relative position and ranking within its peers.
BHMG |
BH Macro Limited Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BH Macro's current stock value. Our valuation model uses many indicators to compare BH Macro value to that of its competitors to determine the firm's financial worth. BH Macro Limited is number one stock in return on asset category among its peers. It also is number one stock in price to sales 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 BH Macro's earnings, one of the primary drivers of an investment's value.BHMG Price To Sales 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.
BH Macro |
| = | -0.0031 |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
BH Macro |
| = | 67.67 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
BHMG Price To Sales Comparison
BH Macro is currently under evaluation in price to sales category among its peers.
BH Macro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BH Macro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BH Macro will eventually generate negative long term returns. The profitability progress is the general direction of BH Macro's change in net profit over the period of time. It can combine multiple indicators of BH Macro, 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 | ||
| Operating Income | 66.5 M | 69.8 M | |
| Income Before Tax | 66.5 M | 67.5 M | |
| Net Income Applicable To Common Shares | 100.9 M | 69.8 M | |
| Net Income | 66.5 M | 61.6 M | |
| Income Tax Expense | 66.5 M | 37.4 M | |
| Total Other Income Expense Net | 83.7 M | 68.9 M | |
| Net Income From Continuing Ops | 66.5 M | 69.8 M | |
| Net Interest Income | 100.8 M | 105.8 M | |
| Interest Income | 100.8 M | 105.8 M | |
| Change To Netincome | -370.9 M | -352.4 M |
BHMG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BH Macro. 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 BH Macro 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 BH Macro's important profitability drivers and their relationship over time.
Use BH Macro 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 BH Macro 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 BH Macro will appreciate offsetting losses from the drop in the long position's value.BH Macro Pair Trading
BH Macro Limited Pair Trading Analysis
The ability to find closely correlated positions to BH Macro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BH Macro 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 BH Macro - 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 BH Macro Limited to buy it.
The correlation of BH Macro 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 BH Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BH Macro 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 BH Macro 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 BH Macro position
In addition to having BH Macro 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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Additional Tools for BHMG Stock Analysis
When running BH Macro's price analysis, check to measure BH Macro'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 BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.