CLIMATEROCK Return On Asset vs. Total Asset
Taking into consideration CLIMATEROCK's profitability measurements, CLIMATEROCK may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess CLIMATEROCK's ability to earn profits and add value for shareholders.
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 main economic indicators.
For CLIMATEROCK profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CLIMATEROCK to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CLIMATEROCK utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CLIMATEROCK's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CLIMATEROCK over time as well as its relative position and ranking within its peers.
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Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CLIMATEROCK. If investors know CLIMATEROCK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CLIMATEROCK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CLIMATEROCK is measured differently than its book value, which is the value of CLIMATEROCK that is recorded on the company's balance sheet. Investors also form their own opinion of CLIMATEROCK's value that differs from its market value or its book value, called intrinsic value, which is CLIMATEROCK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CLIMATEROCK's market value can be influenced by many factors that don't directly affect CLIMATEROCK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CLIMATEROCK's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLIMATEROCK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLIMATEROCK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CLIMATEROCK Total Asset vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CLIMATEROCK's current stock value. Our valuation model uses many indicators to compare CLIMATEROCK value to that of its competitors to determine the firm's financial worth. CLIMATEROCK is number one stock in return on asset category among its peers. It also is number one stock in total asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value CLIMATEROCK by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.CLIMATEROCK Total Asset 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.
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| = | -0.0475 |
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
CLIMATEROCK |
| = | 28.57 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CLIMATEROCK Total Asset Comparison
CLIMATEROCK is currently under evaluation in total asset category among its peers.
CLIMATEROCK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CLIMATEROCK. 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 CLIMATEROCK 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 CLIMATEROCK's important profitability drivers and their relationship over time.
Use CLIMATEROCK 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 CLIMATEROCK 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 CLIMATEROCK will appreciate offsetting losses from the drop in the long position's value.CLIMATEROCK Pair Trading
CLIMATEROCK Pair Trading Analysis
The ability to find closely correlated positions to CLIMATEROCK could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CLIMATEROCK 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 CLIMATEROCK - 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 CLIMATEROCK to buy it.
The correlation of CLIMATEROCK 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 CLIMATEROCK moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CLIMATEROCK 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 CLIMATEROCK 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 CLIMATEROCK position
In addition to having CLIMATEROCK 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Additional Tools for CLIMATEROCK Stock Analysis
When running CLIMATEROCK's price analysis, check to measure CLIMATEROCK'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 CLIMATEROCK is operating at the current time. Most of CLIMATEROCK's value examination focuses on studying past and present price action to predict the probability of CLIMATEROCK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLIMATEROCK's price. Additionally, you may evaluate how the addition of CLIMATEROCK to your portfolios can decrease your overall portfolio volatility.