Gujarat Lease Earnings Per Share vs. Return On Asset
| GLFL Stock | 8.56 0.19 2.27% |
For Gujarat Lease profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gujarat Lease to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gujarat Lease Financing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gujarat Lease's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gujarat Lease Financing over time as well as its relative position and ranking within its peers.
Gujarat |
Gujarat Lease Financing Return On Asset vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gujarat Lease's current stock value. Our valuation model uses many indicators to compare Gujarat Lease value to that of its competitors to determine the firm's financial worth. Gujarat Lease Financing is one of the top stocks in earnings per share category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.25 of Return On Asset per Earnings Per Share. The ratio of Earnings Per Share to Return On Asset for Gujarat Lease Financing is roughly 4.03 . 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 Gujarat Lease's earnings, one of the primary drivers of an investment's value.Gujarat Return On Asset vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Gujarat Lease |
| = | 0.05 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
Gujarat Lease |
| = | 0.0124 |
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.
Gujarat Return On Asset Comparison
Gujarat Lease is currently under evaluation in return on asset category among its peers.
Gujarat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gujarat Lease. 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 Gujarat Lease 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 Gujarat Lease's important profitability drivers and their relationship over time.
Use Gujarat Lease 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 Gujarat Lease 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 Gujarat Lease will appreciate offsetting losses from the drop in the long position's value.Gujarat Lease Pair Trading
Gujarat Lease Financing Pair Trading Analysis
The ability to find closely correlated positions to Gujarat Lease could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gujarat Lease 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 Gujarat Lease - 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 Gujarat Lease Financing to buy it.
The correlation of Gujarat Lease 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 Gujarat Lease moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gujarat Lease Financing 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 Gujarat Lease 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 Gujarat Lease position
In addition to having Gujarat Lease 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?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
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Additional Tools for Gujarat Stock Analysis
When running Gujarat Lease's price analysis, check to measure Gujarat Lease'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 Gujarat Lease is operating at the current time. Most of Gujarat Lease's value examination focuses on studying past and present price action to predict the probability of Gujarat Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gujarat Lease's price. Additionally, you may evaluate how the addition of Gujarat Lease to your portfolios can decrease your overall portfolio volatility.