Bio Rad Return On Asset vs. Shares Owned By Insiders
| BIO-B Stock | USD 336.00 3.36 0.99% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.63 | 0.5358 |
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For Bio Rad profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bio Rad to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bio Rad Laboratories utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bio Rad's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bio Rad Laboratories over time as well as its relative position and ranking within its peers.
Bio |
Bio Rad Laboratories Shares Owned By Insiders vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bio Rad's current stock value. Our valuation model uses many indicators to compare Bio Rad value to that of its competitors to determine the firm's financial worth. Bio Rad Laboratories is rated below average in return on asset category among its peers. It is number one stock in shares owned by insiders category among its peers making about 5,267 of Shares Owned By Insiders 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 Bio Rad's earnings, one of the primary drivers of an investment's value.Bio Shares Owned By Insiders 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.
Bio Rad |
| = | 0.0186 |
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Bio Rad |
| = | 97.96 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Bio Shares Owned By Insiders Comparison
Bio Rad is currently under evaluation in shares owned by insiders category among its peers.
Bio Rad Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bio Rad, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bio Rad will eventually generate negative long term returns. The profitability progress is the general direction of Bio Rad's change in net profit over the period of time. It can combine multiple indicators of Bio Rad, 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 | ||
| Accumulated Other Comprehensive Income | -336 M | -319.2 M | |
| Operating Income | 365.7 M | 384 M | |
| Income Before Tax | -850.1 M | -807.6 M | |
| Total Other Income Expense Net | -1.2 B | -1.2 B | |
| Net Loss | -637.3 M | -605.5 M | |
| Income Tax Expense | -212.8 M | -202.1 M | |
| Net Loss | -159.3 M | -151.3 M | |
| Non Operating Income Net Other | 51.5 M | 54.1 M | |
| Net Loss | -4.2 B | -4 B | |
| Net Interest Income | 47.6 M | 50 M | |
| Interest Income | 96.4 M | 101.2 M | |
| Change To Netincome | 4.7 B | 5 B | |
| Net Loss | (21.82) | (20.73) | |
| Income Quality | (0.59) | (0.56) | |
| Net Income Per E B T | 0.75 | 0.58 |
Bio Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bio Rad. 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 Bio Rad 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 Bio Rad's important profitability drivers and their relationship over time.
Use Bio Rad 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 Bio Rad 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 Bio Rad will appreciate offsetting losses from the drop in the long position's value.Bio Rad Pair Trading
Bio Rad Laboratories Pair Trading Analysis
The ability to find closely correlated positions to Bio Rad could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bio Rad 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 Bio Rad - 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 Bio Rad Laboratories to buy it.
The correlation of Bio Rad 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 Bio Rad moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bio Rad Laboratories 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 Bio Rad 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 Bio Rad position
In addition to having Bio Rad 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 Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 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 Single Stock ETFs Theme or any other thematic opportunities.
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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 board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
To fully project Bio Rad's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bio Rad Laboratories at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Bio Rad's income statement, its balance sheet, and the statement of cash flows.