HYZON Motors Return On Asset vs. Beta
| HYZNWDelisted Stock | USD 0 0.0009 42.86% |
For HYZON Motors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HYZON Motors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HYZON Motors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HYZON Motors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HYZON Motors over time as well as its relative position and ranking within its peers.
HYZON |
HYZON Motors Beta vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HYZON Motors's current stock value. Our valuation model uses many indicators to compare HYZON Motors value to that of its competitors to determine the firm's financial worth. HYZON Motors is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in beta category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value HYZON Motors by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.HYZON Beta 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.
HYZON Motors |
| = | -0.5 |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
HYZON Motors |
| = | 2.89 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
HYZON Beta Comparison
HYZON Motors is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, HYZON Motors will likely underperform.
HYZON Motors Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HYZON Motors, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HYZON Motors will eventually generate negative long term returns. The profitability progress is the general direction of HYZON Motors' change in net profit over the period of time. It can combine multiple indicators of HYZON Motors, 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.
HYZON Motors Inc, a hydrogen mobility company, manufactures hydrogen-powered commercial vehicles and fuel cell systems. The company was incorporated in 2020 and is headquartered in Honeoye Falls, New York. Hyzon Motors operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs people.
HYZON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HYZON Motors. 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 HYZON Motors 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 HYZON Motors' important profitability drivers and their relationship over time.
Use HYZON Motors 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 HYZON Motors 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 HYZON Motors will appreciate offsetting losses from the drop in the long position's value.HYZON Motors Pair Trading
HYZON Motors Pair Trading Analysis
The ability to find closely correlated positions to HYZON Motors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HYZON Motors 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 HYZON Motors - 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 HYZON Motors to buy it.
The correlation of HYZON Motors 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 HYZON Motors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HYZON Motors 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 HYZON Motors 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 HYZON Motors position
In addition to having HYZON Motors 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 Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 37 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 Government Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in HYZON Stock
If you are still planning to invest in HYZON Motors 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 HYZON Motors' history and understand the potential risks before investing.
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