EVN AG Gross Profit vs. Operating Margin
| EVN Stock | EUR 25.00 0.05 0.20% |
For EVN AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVN AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVN AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVN AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVN AG over time as well as its relative position and ranking within its peers.
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EVN AG Operating Margin vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EVN AG's current stock value. Our valuation model uses many indicators to compare EVN AG value to that of its competitors to determine the firm's financial worth. EVN AG is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in operating margin category among its peers . The ratio of Gross Profit to Operating Margin for EVN AG is about 13,895,939,086 . Comparative valuation analysis is a catch-all model that can be used if you cannot value EVN AG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EVN AG'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.EVN Operating Margin vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
EVN AG |
| = | 1.09 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
EVN AG |
| = | 0.08 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
EVN Operating Margin Comparison
EVN AG is currently under evaluation in operating margin category among its peers.
EVN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EVN 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 EVN 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 EVN AG's important profitability drivers and their relationship over time.
Use EVN 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 EVN 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 EVN AG will appreciate offsetting losses from the drop in the long position's value.EVN AG Pair Trading
EVN AG Pair Trading Analysis
The ability to find closely correlated positions to EVN 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 EVN 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 EVN 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 EVN AG to buy it.
The correlation of EVN 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 EVN AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVN 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 EVN 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 EVN AG position
In addition to having EVN 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 constituents at this time.
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Other Information on Investing in EVN Stock
To fully project EVN AG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EVN AG 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 EVN AG's income statement, its balance sheet, and the statement of cash flows.