Fox Wizel Shares Outstanding vs. Return On Asset

FOX Stock  ILS 29,690  110.00  0.37%   
Taking into consideration Fox Wizel's profitability measurements, Fox Wizel 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 Fox Wizel's ability to earn profits and add value for shareholders.
For Fox Wizel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fox Wizel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fox Wizel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fox Wizel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fox Wizel over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Fox Wizel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Wizel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Wizel'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.

Fox Wizel Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Fox Wizel's current stock value. Our valuation model uses many indicators to compare Fox Wizel value to that of its competitors to determine the firm's financial worth.
Fox Wizel is one of the top stocks in shares outstanding category among its peers. It also is one of the top stocks in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Fox Wizel is about  283,351,967 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fox Wizel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fox Wizel'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.

Fox Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Fox Wizel

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
13.69 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Fox Wizel

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0483
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.

Fox Return On Asset Comparison

Fox Wizel is currently under evaluation in return on asset category among its peers.

Fox Wizel Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Fox Wizel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fox Wizel will eventually generate negative long term returns. The profitability progress is the general direction of Fox Wizel's change in net profit over the period of time. It can combine multiple indicators of Fox Wizel, 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.
Fox-Wizel Ltd. offers basic and casual fashion products in Israel and internationally. Fox-Wizel Ltd. was founded in 1942 and is headquartered in Airport City, Israel. FOX WIZEL is traded on Tel Aviv Stock Exchange in Israel.

Fox Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Fox Wizel. 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 Fox Wizel 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 Fox Wizel's important profitability drivers and their relationship over time.

Use Fox Wizel 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 Fox Wizel 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 Fox Wizel will appreciate offsetting losses from the drop in the long position's value.

Fox Wizel Pair Trading

Fox Wizel Pair Trading Analysis

The ability to find closely correlated positions to Fox Wizel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fox Wizel 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 Fox Wizel - 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 Fox Wizel to buy it.
The correlation of Fox Wizel 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 Fox Wizel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fox Wizel 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 Fox Wizel 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Fox Wizel position

In addition to having Fox Wizel 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 Automobiles and Trucks Thematic Idea Now

Automobiles and Trucks
Automobiles and Trucks Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks 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 Automobiles and Trucks Theme or any other thematic opportunities.
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Other Information on Investing in Fox Stock

To fully project Fox Wizel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fox Wizel 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 Fox Wizel's income statement, its balance sheet, and the statement of cash flows.
Potential Fox Wizel investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Fox Wizel investors may work on each financial statement separately, they are all related. The changes in Fox Wizel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fox Wizel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.