Holaluz Clidom Return On Equity vs. Price To Book
| HLZ Stock | EUR 1.54 0.02 1.28% |
For Holaluz Clidom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Holaluz Clidom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Holaluz Clidom SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Holaluz Clidom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Holaluz Clidom SA over time as well as its relative position and ranking within its peers.
Holaluz |
Holaluz Clidom SA Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Holaluz Clidom's current stock value. Our valuation model uses many indicators to compare Holaluz Clidom value to that of its competitors to determine the firm's financial worth. Holaluz Clidom SA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in price to book category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Holaluz Clidom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Holaluz Clidom'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.Holaluz Price To Book 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.
Holaluz Clidom |
| = | -0.0586 |
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.
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.
Holaluz Clidom |
| = | 17.08 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.
Holaluz Price To Book Comparison
Holaluz Clidom is currently under evaluation in price to book category among its peers.
Holaluz Clidom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Holaluz Clidom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Holaluz Clidom will eventually generate negative long term returns. The profitability progress is the general direction of Holaluz Clidom's change in net profit over the period of time. It can combine multiple indicators of Holaluz Clidom, 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.
Holaluz-Clidom, S.A. produces and sells electricity and gas. Holaluz-Clidom, S.A. was incorporated in 2010 and is based in Barcelona, Spain. HOLALUZ CLIDOM operates under UtilitiesRenewable classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 190 people.
Holaluz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Holaluz Clidom. 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 Holaluz Clidom 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 Holaluz Clidom's important profitability drivers and their relationship over time.
Use Holaluz Clidom 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 Holaluz Clidom 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 Holaluz Clidom will appreciate offsetting losses from the drop in the long position's value.Holaluz Clidom Pair Trading
Holaluz Clidom SA Pair Trading Analysis
The ability to find closely correlated positions to Holaluz Clidom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Holaluz Clidom 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 Holaluz Clidom - 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 Holaluz Clidom SA to buy it.
The correlation of Holaluz Clidom 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 Holaluz Clidom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Holaluz Clidom SA 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 Holaluz Clidom 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 Holaluz Clidom position
In addition to having Holaluz Clidom 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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Other Information on Investing in Holaluz Stock
To fully project Holaluz Clidom's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Holaluz Clidom SA 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 Holaluz Clidom's income statement, its balance sheet, and the statement of cash flows.