Piraeus Bank Gross Profit vs. Return On Asset
| BPIRY Stock | USD 4.00 0.23 5.44% |
For Piraeus Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Piraeus Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Piraeus Bank SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Piraeus Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Piraeus Bank SA over time as well as its relative position and ranking within its peers.
Piraeus |
Piraeus Bank SA Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Piraeus Bank's current stock value. Our valuation model uses many indicators to compare Piraeus Bank value to that of its competitors to determine the firm's financial worth. Piraeus Bank SA is rated below average in gross profit category among its peers. It is rated below average in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Piraeus Bank SA is about 205,686,274,510 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Piraeus Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Piraeus Bank's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Piraeus Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Piraeus Bank |
| = | 2.1 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Piraeus Bank |
| = | 0.0102 |
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.
Piraeus Return On Asset Comparison
Piraeus Bank is currently under evaluation in return on asset category among its peers.
Piraeus Bank Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Piraeus Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Piraeus Bank will eventually generate negative long term returns. The profitability progress is the general direction of Piraeus Bank's change in net profit over the period of time. It can combine multiple indicators of Piraeus Bank, 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.
Piraeus Financial Holdings S.A. provides banking products and services in Greece and internationally. The company was founded in 1916 and is based in Athens, Greece. Piraeus Financial is traded on OTC Exchange in the United States.
Piraeus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Piraeus Bank. 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 Piraeus Bank 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 Piraeus Bank's important profitability drivers and their relationship over time.
Use Piraeus Bank 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 Piraeus Bank 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 Piraeus Bank will appreciate offsetting losses from the drop in the long position's value.Piraeus Bank Pair Trading
Piraeus Bank SA Pair Trading Analysis
The ability to find closely correlated positions to Piraeus 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 Piraeus 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 Piraeus 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 Piraeus Bank SA to buy it.
The correlation of Piraeus 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 Piraeus Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Piraeus Bank SA 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 Piraeus 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 Piraeus Bank position
In addition to having Piraeus Bank 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 Piraeus Pink Sheet Analysis
When running Piraeus Bank's price analysis, check to measure Piraeus Bank'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 Piraeus Bank is operating at the current time. Most of Piraeus Bank's value examination focuses on studying past and present price action to predict the probability of Piraeus Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piraeus Bank's price. Additionally, you may evaluate how the addition of Piraeus Bank to your portfolios can decrease your overall portfolio volatility.