Deutz AG Cash And Equivalents vs. Return On Asset
| DEZ Stock | 4.15 0.01 0.24% |
For Deutz AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Deutz AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Deutz AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Deutz AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Deutz AG over time as well as its relative position and ranking within its peers.
Deutz |
Deutz AG Return On Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Deutz AG's current stock value. Our valuation model uses many indicators to compare Deutz AG value to that of its competitors to determine the firm's financial worth. Deutz AG is one of the top stocks in cash and equivalents category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for Deutz AG is about 1,410,156,250 . 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 Deutz AG's earnings, one of the primary drivers of an investment's value.Deutz Return On Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Deutz AG |
| = | 36.1 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Deutz AG |
| = | 0.0256 |
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.
Deutz Return On Asset Comparison
Deutz AG is currently under evaluation in return on asset category among its peers.
Deutz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Deutz AG. 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 Deutz AG 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 Deutz AG's important profitability drivers and their relationship over time.
Use Deutz AG 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 Deutz AG 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 Deutz AG will appreciate offsetting losses from the drop in the long position's value.Deutz AG Pair Trading
Deutz AG Pair Trading Analysis
The ability to find closely correlated positions to Deutz AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deutz AG 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 Deutz AG - 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 Deutz AG to buy it.
The correlation of Deutz AG 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 Deutz AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deutz AG 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 Deutz AG 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 Deutz AG position
In addition to having Deutz AG 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Additional Tools for Deutz Stock Analysis
When running Deutz AG's price analysis, check to measure Deutz AG'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 Deutz AG is operating at the current time. Most of Deutz AG's value examination focuses on studying past and present price action to predict the probability of Deutz AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deutz AG's price. Additionally, you may evaluate how the addition of Deutz AG to your portfolios can decrease your overall portfolio volatility.