Companhia Catarinense Shares Outstanding vs. Return On Asset
| CASN4 Preferred Stock | BRL 6.56 0.00 0.00% |
For Companhia Catarinense profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Companhia Catarinense to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Companhia Catarinense de utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Companhia Catarinense's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Companhia Catarinense de over time as well as its relative position and ranking within its peers.
Companhia |
Companhia Catarinense Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Companhia Catarinense's current stock value. Our valuation model uses many indicators to compare Companhia Catarinense value to that of its competitors to determine the firm's financial worth. Companhia Catarinense de is number one stock in shares outstanding category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Companhia Catarinense de is about 361,161,616 . 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 Companhia Catarinense's earnings, one of the primary drivers of an investment's value.Companhia Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Companhia Catarinense |
| = | 357.55 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Companhia Catarinense |
| = | 0.99 |
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.
Companhia Return On Asset Comparison
Companhia Catarinense is currently under evaluation in return on asset category among its peers.
Companhia Catarinense Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Companhia Catarinense, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Companhia Catarinense will eventually generate negative long term returns. The profitability progress is the general direction of Companhia Catarinense's change in net profit over the period of time. It can combine multiple indicators of Companhia Catarinense, 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.
Companhia Catarinense de guas e Saneamento - CASAN engages in the water supply business in Santa Catarina and Parana, Brazil. The company was founded in 1970 and is headquartered in Florianpolis, Brazil. Companhia Catarinense operates under Utilities - Regulated Water classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2481 people.
Companhia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Companhia Catarinense. 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 Companhia Catarinense 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 Companhia Catarinense's important profitability drivers and their relationship over time.
Use Companhia Catarinense 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 Companhia Catarinense 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 Companhia Catarinense will appreciate offsetting losses from the drop in the long position's value.Companhia Catarinense Pair Trading
Companhia Catarinense de Pair Trading Analysis
The ability to find closely correlated positions to Companhia Catarinense could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Companhia Catarinense 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 Companhia Catarinense - 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 Companhia Catarinense de to buy it.
The correlation of Companhia Catarinense 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 Companhia Catarinense moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Catarinense 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 Companhia Catarinense 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 Companhia Catarinense position
In addition to having Companhia Catarinense 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 Companhia Preferred Stock Analysis
When running Companhia Catarinense's price analysis, check to measure Companhia Catarinense'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 Companhia Catarinense is operating at the current time. Most of Companhia Catarinense's value examination focuses on studying past and present price action to predict the probability of Companhia Catarinense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Catarinense's price. Additionally, you may evaluate how the addition of Companhia Catarinense to your portfolios can decrease your overall portfolio volatility.