DICKS Sporting Profit Margin vs. Return On Asset
| DSG Stock | EUR 214.20 11.45 5.65% |
For DICKS Sporting profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DICKS Sporting to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DICKS Sporting Goods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DICKS Sporting's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DICKS Sporting Goods over time as well as its relative position and ranking within its peers.
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DICKS Sporting Goods Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DICKS Sporting's current stock value. Our valuation model uses many indicators to compare DICKS Sporting value to that of its competitors to determine the firm's financial worth. DICKS Sporting Goods is one of the top stocks in profit margin category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 1.26 of Return On Asset per Profit Margin. 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 DICKS Sporting's earnings, one of the primary drivers of an investment's value.DICKS Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | 0.1 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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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| = | 0.12 |
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.
DICKS Return On Asset Comparison
DICKS Sporting is currently under evaluation in return on asset category among its peers.
DICKS Sporting Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DICKS Sporting, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DICKS Sporting will eventually generate negative long term returns. The profitability progress is the general direction of DICKS Sporting's change in net profit over the period of time. It can combine multiple indicators of DICKS Sporting, 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.
DICKS Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. DICKS Sporting Goods, Inc. was founded in 1948 and is headquartered in Coraopolis, Pennsylvania. DICKS SPORTING operates under Specialty Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15200 people.
DICKS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DICKS Sporting. 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 DICKS Sporting 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 DICKS Sporting's important profitability drivers and their relationship over time.
Use DICKS Sporting 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 DICKS Sporting 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 DICKS Sporting will appreciate offsetting losses from the drop in the long position's value.DICKS Sporting Pair Trading
DICKS Sporting Goods Pair Trading Analysis
The ability to find closely correlated positions to DICKS Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DICKS Sporting 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 DICKS Sporting - 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 DICKS Sporting Goods to buy it.
The correlation of DICKS Sporting 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 DICKS Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DICKS Sporting Goods 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 DICKS Sporting 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 DICKS Sporting position
In addition to having DICKS Sporting 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 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 Electrical Equipment Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in DICKS Stock
When determining whether DICKS Sporting Goods is a strong investment it is important to analyze DICKS Sporting's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DICKS Sporting's future performance. For an informed investment choice regarding DICKS Stock, refer to the following important reports:Check out Investing Opportunities. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project DICKS Sporting's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DICKS Sporting Goods 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 DICKS Sporting's income statement, its balance sheet, and the statement of cash flows.