GO2 People Return On Asset vs. EBITDA
| GO2 Stock | 0.67 0.00 0.00% |
For GO2 People profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GO2 People to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GO2 People utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GO2 People's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GO2 People over time as well as its relative position and ranking within its peers.
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GO2 People EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GO2 People's current stock value. Our valuation model uses many indicators to compare GO2 People value to that of its competitors to determine the firm's financial worth. GO2 People is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in ebitda 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 GO2 People's earnings, one of the primary drivers of an investment's value.GO2 EBITDA vs. Return On Asset
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.
GO2 People |
| = | -0.0511 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
GO2 People |
| = | (505.54 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
GO2 EBITDA Comparison
GO2 People is currently under evaluation in ebitda category among its peers.
GO2 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GO2 People. 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 GO2 People 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 GO2 People's important profitability drivers and their relationship over time.
Use GO2 People 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 GO2 People 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 GO2 People will appreciate offsetting losses from the drop in the long position's value.GO2 People Pair Trading
GO2 People Pair Trading Analysis
The ability to find closely correlated positions to GO2 People could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GO2 People 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 GO2 People - 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 GO2 People to buy it.
The correlation of GO2 People 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 GO2 People moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GO2 People 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 GO2 People 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 GO2 People position
In addition to having GO2 People 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 Global Macro ETFs Thematic Idea Now
Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
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Additional Tools for GO2 Stock Analysis
When running GO2 People's price analysis, check to measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.