Fly Leasing Current Valuation vs. Return On Asset
Considering the key profitability indicators obtained from Fly Leasing's historical financial statements, Fly Leasing Limited may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Fly Leasing's ability to earn profits and add value for shareholders.
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 bureau of economic analysis.
Please note, there is a significant difference between Fly Leasing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fly Leasing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fly Leasing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Fly Leasing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fly Leasing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fly Leasing Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fly Leasing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fly Leasing Limited over time as well as its relative position and ranking within its peers.
Fly |
Fly Leasing Limited Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fly Leasing's current stock value. Our valuation model uses many indicators to compare Fly Leasing value to that of its competitors to determine the firm's financial worth. Fly Leasing Limited is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Fly Leasing Limited is about 1,030,837,004 . 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 Fly Leasing's earnings, one of the primary drivers of an investment's value.Fly Current Valuation vs. Competition
Fly Leasing Limited is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Aerospace & Defense industry is currently estimated at about 212.52 Billion. Fly Leasing claims roughly 2.34 Billion in current valuation contributing just under 2% to stocks in Aerospace & Defense industry.
Fly Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Fly Leasing |
| = | 2.34 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Fly Leasing |
| = | 2.27 |
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.
Fly Return On Asset Comparison
Fly Leasing is currently under evaluation in return on asset category among its peers.
Fly Leasing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fly Leasing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fly Leasing will eventually generate negative long term returns. The profitability progress is the general direction of Fly Leasing's change in net profit over the period of time. It can combine multiple indicators of Fly Leasing, 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.
Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide. The company was incorporated in 2007 and is headquartered in Dun Laoghaire, Ireland. Fly Leasing is traded on New York Stock Exchange in the United States.
Fly Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fly Leasing. 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 Fly Leasing 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 Fly Leasing's important profitability drivers and their relationship over time.
Use Fly Leasing 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 Fly Leasing 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 Fly Leasing will appreciate offsetting losses from the drop in the long position's value.Fly Leasing Pair Trading
Fly Leasing Limited Pair Trading Analysis
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Fly Leasing position
In addition to having Fly Leasing 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 Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 114 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 Treasury ETFs 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 bureau of economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Fly Stock
If you are still planning to invest in Fly Leasing Limited 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 Fly Leasing's history and understand the potential risks before investing.
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