IDEX Biometrics Return On Equity vs. Revenue
| IDXAFDelisted Stock | USD 0.17 0.00 0.00% |
For IDEX Biometrics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IDEX Biometrics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IDEX Biometrics ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IDEX Biometrics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IDEX Biometrics ASA over time as well as its relative position and ranking within its peers.
IDEX |
IDEX Biometrics ASA Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IDEX Biometrics's current stock value. Our valuation model uses many indicators to compare IDEX Biometrics value to that of its competitors to determine the firm's financial worth. IDEX Biometrics ASA is rated fourth overall in return on equity category among its peers. It is rated below average in revenue 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 IDEX Biometrics' earnings, one of the primary drivers of an investment's value.IDEX Revenue 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.
IDEX Biometrics |
| = | -2.19 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
IDEX Biometrics |
| = | 2.84 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
IDEX Revenue vs Competition
IDEX Biometrics ASA is rated below average in revenue category among its peers. Market size based on revenue of Software—Application industry is currently estimated at about 4.55 Billion. IDEX Biometrics adds roughly 2.84 Million in revenue claiming only tiny portion of equities listed under Software—Application industry.
IDEX Biometrics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IDEX Biometrics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IDEX Biometrics will eventually generate negative long term returns. The profitability progress is the general direction of IDEX Biometrics' change in net profit over the period of time. It can combine multiple indicators of IDEX Biometrics, 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.
IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway. Idex As is traded on OTC Exchange in the United States.
IDEX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IDEX Biometrics. 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 IDEX Biometrics 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 IDEX Biometrics' important profitability drivers and their relationship over time.
Use IDEX Biometrics 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 IDEX Biometrics 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 IDEX Biometrics will appreciate offsetting losses from the drop in the long position's value.IDEX Biometrics Pair Trading
IDEX Biometrics ASA Pair Trading Analysis
The ability to find closely correlated positions to IDEX Biometrics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IDEX Biometrics 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 IDEX Biometrics - 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 IDEX Biometrics ASA to buy it.
The correlation of IDEX Biometrics 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 IDEX Biometrics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IDEX Biometrics ASA 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 IDEX Biometrics 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 IDEX Biometrics position
In addition to having IDEX Biometrics 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 Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals 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 Heavy Metals 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 nation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in IDEX Pink Sheet
If you are still planning to invest in IDEX Biometrics ASA 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 IDEX Biometrics' history and understand the potential risks before investing.
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