Charge Enterprises Return On Equity vs. Return On Asset
| CRGEDelisted Stock | USD 0.99 0.03 2.94% |
For Charge Enterprises profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Charge Enterprises to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Charge Enterprises utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Charge Enterprises's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Charge Enterprises over time as well as its relative position and ranking within its peers.
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Charge Enterprises Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Charge Enterprises's current stock value. Our valuation model uses many indicators to compare Charge Enterprises value to that of its competitors to determine the firm's financial worth. Charge Enterprises is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Charge Enterprises' earnings, one of the primary drivers of an investment's value.Charge Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Charge Enterprises |
| = | -0.99 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Charge Enterprises |
| = | -0.15 |
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.
Charge Return On Asset Comparison
Charge Enterprises is currently under evaluation in return on asset category among its peers.
Charge Enterprises Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Charge Enterprises, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Charge Enterprises will eventually generate negative long term returns. The profitability progress is the general direction of Charge Enterprises' change in net profit over the period of time. It can combine multiple indicators of Charge Enterprises, 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.
Charge Enterprises Inc. engages in building the electrification and telecommunications infrastructure for electric vehicle charging and wireless network infrastructure, including 5G, tower, distributed antennae systems, small cell, and electrical infrastructure. The company was formerly known as TransWorld Holdings Inc and changed its name to Charge Enterprises, Inc. in January 2021.Charge Enterprises, Inc. was incorporated in 2003 and is based in New York, New York. Charge Enterprises operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 250 people.
Charge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Charge Enterprises. 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 Charge Enterprises 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 Charge Enterprises' important profitability drivers and their relationship over time.
Use Charge Enterprises 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 Charge Enterprises 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 Charge Enterprises will appreciate offsetting losses from the drop in the long position's value.Charge Enterprises Pair Trading
Charge Enterprises Pair Trading Analysis
The ability to find closely correlated positions to Charge Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charge Enterprises 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 Charge Enterprises - 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 Charge Enterprises to buy it.
The correlation of Charge Enterprises 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 Charge Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charge Enterprises 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 Charge Enterprises 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 Charge Enterprises position
In addition to having Charge Enterprises 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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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 price. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Charge Pink Sheet
If you are still planning to invest in Charge Enterprises check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Charge Enterprises' history and understand the potential risks before investing.
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