Crayon Group Return On Asset vs. Revenue

CRAYN Stock  NOK 127.00  0.80  0.63%   
Considering Crayon Group's profitability and operating efficiency indicators, Crayon Group Holding may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Crayon Group's ability to earn profits and add value for shareholders.
For Crayon Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Crayon Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Crayon Group Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Crayon Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Crayon Group Holding over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Crayon Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crayon Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crayon Group'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.

Crayon Group Holding Revenue vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Crayon Group's current stock value. Our valuation model uses many indicators to compare Crayon Group value to that of its competitors to determine the firm's financial worth.
Crayon Group Holding is number one stock in return on asset category among its peers. It also is the top company in revenue category among its peers totaling about  815,997,870,370  of Revenue per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Crayon Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Crayon Group's Stock. 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.

Crayon Revenue 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.

Crayon Group

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0324
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Crayon Group

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
26.44 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Crayon Revenue vs Competition

Crayon Group Holding is the top company in revenue category among its peers. Market size based on revenue of Information Technology Services industry is currently estimated at about 34.45 Billion. Crayon Group totals roughly 26.44 Billion in revenue claiming about 77% of equities under Information Technology Services industry.

Crayon Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Crayon Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Crayon Group will eventually generate negative long term returns. The profitability progress is the general direction of Crayon Group's change in net profit over the period of time. It can combine multiple indicators of Crayon Group, 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.
Crayon Group Holding ASA, together with its subsidiaries, operates as an IT advisory company in software and digital transformation services. The company has operations in the Nordics, Europe, the Asia-Pacific, the Middle East and Africa, and the United States. CRAYON GROUP operates under Information Technology Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2000 people.

Crayon Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Crayon Group. 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 Crayon Group 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 Crayon Group's important profitability drivers and their relationship over time.

Use Crayon Group 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 Crayon Group 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 Crayon Group will appreciate offsetting losses from the drop in the long position's value.

Crayon Group Pair Trading

Crayon Group Holding Pair Trading Analysis

The ability to find closely correlated positions to Crayon Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crayon Group 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 Crayon Group - 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 Crayon Group Holding to buy it.
The correlation of Crayon Group 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 Crayon Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crayon Group Holding 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 Crayon Group 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Crayon Group position

In addition to having Crayon Group 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.

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Run Moderate Funds Thematic Idea Now

Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 43 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 Moderate Funds Theme or any other thematic opportunities.
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Other Information on Investing in Crayon Stock

To fully project Crayon Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Crayon Group Holding 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 Crayon Group's income statement, its balance sheet, and the statement of cash flows.
Potential Crayon Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Crayon Group investors may work on each financial statement separately, they are all related. The changes in Crayon Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crayon Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.