EON SE Return On Asset vs. Cash Per Share
| EONGYDelisted Stock | USD 10.60 0.05 0.47% |
For EON SE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EON SE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EON SE ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EON SE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EON SE ADR over time as well as its relative position and ranking within its peers.
EON |
EON SE ADR Cash Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EON SE's current stock value. Our valuation model uses many indicators to compare EON SE value to that of its competitors to determine the firm's financial worth. EON SE ADR is rated below average in return on asset category among its peers. It is rated below average in cash per share category among its peers fabricating about 89.29 of Cash Per Share per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value EON SE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EON SE's Pink Sheet. 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.EON Cash Per Share 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.
EON SE |
| = | 0.028 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
EON SE |
| = | 2.50 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
EON Cash Per Share Comparison
EON SE is currently under evaluation in cash per share category among its peers.
EON SE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EON SE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EON SE will eventually generate negative long term returns. The profitability progress is the general direction of EON SE's change in net profit over the period of time. It can combine multiple indicators of EON SE, 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.
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. The company was founded in 1923 and is headquartered in Essen, Germany. Eon Ag is traded on OTC Exchange in the United States.
EON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EON SE. 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 EON SE 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 EON SE's important profitability drivers and their relationship over time.
Use EON SE 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 EON SE 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 EON SE will appreciate offsetting losses from the drop in the long position's value.EON SE Pair Trading
EON SE ADR Pair Trading Analysis
The ability to find closely correlated positions to EON SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EON SE 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 EON SE - 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 EON SE ADR to buy it.
The correlation of EON SE 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 EON SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EON SE ADR 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 EON SE 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 EON SE position
In addition to having EON SE 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 Cancer Fighters Thematic Idea Now
Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 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 Cancer Fighters Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in EON Pink Sheet
If you are still planning to invest in EON SE ADR 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 EON SE's history and understand the potential risks before investing.
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