GI Group Price To Book vs. Return On Asset
| GIG Stock | 1.45 0.01 0.68% |
For GI Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GI Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GI Group Poland utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GI Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GI Group Poland over time as well as its relative position and ranking within its peers.
GIG |
GI Group Poland Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GI Group's current stock value. Our valuation model uses many indicators to compare GI Group value to that of its competitors to determine the firm's financial worth. GI Group Poland is one of the top stocks in price to book category among its peers. It also is one of the top stocks in return on asset 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 GI Group's earnings, one of the primary drivers of an investment's value.GIG Return On Asset vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
GI Group |
| = | 10.08 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
GI Group |
| = | -0.0966 |
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.
GIG Return On Asset Comparison
GI Group is currently under evaluation in return on asset category among its peers.
GIG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GI Group. 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 GI Group 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 GI Group's important profitability drivers and their relationship over time.
Use GI Group 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 GI Group 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 GI Group will appreciate offsetting losses from the drop in the long position's value.GI Group Pair Trading
GI Group Poland Pair Trading Analysis
The ability to find closely correlated positions to GI Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GI Group 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 GI Group - 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 GI Group Poland to buy it.
The correlation of GI Group 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 GI Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GI Group Poland 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 GI Group 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 GI Group position
In addition to having GI Group 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 Natural Foods Thematic Idea Now
Natural Foods
Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 46 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 Natural Foods Theme or any other thematic opportunities.
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Additional Tools for GIG Stock Analysis
When running GI Group's price analysis, check to measure GI Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GI Group is operating at the current time. Most of GI Group's value examination focuses on studying past and present price action to predict the probability of GI Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GI Group's price. Additionally, you may evaluate how the addition of GI Group to your portfolios can decrease your overall portfolio volatility.