Forza X1 Return On Equity vs. Net Income
| FRZADelisted Stock | USD 0.24 0.03 14.29% |
For Forza X1 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Forza X1 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Forza X1 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Forza X1's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Forza X1 over time as well as its relative position and ranking within its peers.
Forza |
Forza X1 Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Forza X1's current stock value. Our valuation model uses many indicators to compare Forza X1 value to that of its competitors to determine the firm's financial worth. Forza X1 is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in net income category among its peers . 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 Forza X1's earnings, one of the primary drivers of an investment's value.Forza Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Forza X1 |
| = | -0.64 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Forza X1 |
| = | (5.93 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Forza Net Income Comparison
Forza X1 is currently under evaluation in net income category among its peers.
Forza X1 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Forza X1, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Forza X1 will eventually generate negative long term returns. The profitability progress is the general direction of Forza X1's change in net profit over the period of time. It can combine multiple indicators of Forza X1, 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.
Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co. Forza X1 operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.
Forza Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Forza X1. 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 Forza X1 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 Forza X1's important profitability drivers and their relationship over time.
Use Forza X1 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 Forza X1 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 Forza X1 will appreciate offsetting losses from the drop in the long position's value.Forza X1 Pair Trading
Forza X1 Pair Trading Analysis
The ability to find closely correlated positions to Forza X1 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forza X1 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 Forza X1 - 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 Forza X1 to buy it.
The correlation of Forza X1 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 Forza X1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forza X1 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 Forza X1 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 Forza X1 position
In addition to having Forza X1 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 24 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 Convertibles Funds 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 nation. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Forza Stock
If you are still planning to invest in Forza X1 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 Forza X1's history and understand the potential risks before investing.
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