Ilyda SA Return On Equity vs. Price To Earning
| ILYDA Stock | EUR 1.90 0.01 0.52% |
For Ilyda SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ilyda SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ilyda SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ilyda SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ilyda SA over time as well as its relative position and ranking within its peers.
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Ilyda SA Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ilyda SA's current stock value. Our valuation model uses many indicators to compare Ilyda SA value to that of its competitors to determine the firm's financial worth. Ilyda SA is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in price to earning category among its peers reporting about 14.26 of Price To Earning per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ilyda SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ilyda SA'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.Ilyda Price To Earning 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.
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| = | 0.25 |
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 Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Ilyda SA |
| = | 3.54 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Ilyda Price To Earning Comparison
Ilyda SA is currently under evaluation in price to earning category among its peers.
Ilyda SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ilyda SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ilyda SA will eventually generate negative long term returns. The profitability progress is the general direction of Ilyda SA's change in net profit over the period of time. It can combine multiple indicators of Ilyda SA, 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.
Ilyda SA develops software for industrialcraft businesses, public sector, commercial enterprises, and service providers in Greece. The company was founded in 1992 and is headquartered in Athens, Greece. ILYDA S operates under Technical System Software classification in Greece and is traded on Athens Stock Exchange.
Ilyda Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ilyda SA. 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 Ilyda SA 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 Ilyda SA's important profitability drivers and their relationship over time.
Use Ilyda SA 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 Ilyda SA 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 Ilyda SA will appreciate offsetting losses from the drop in the long position's value.Ilyda SA Pair Trading
Ilyda SA Pair Trading Analysis
The ability to find closely correlated positions to Ilyda SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ilyda SA 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 Ilyda SA - 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 Ilyda SA to buy it.
The correlation of Ilyda SA 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 Ilyda SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ilyda 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 Ilyda SA 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 Ilyda SA position
In addition to having Ilyda SA 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 Ilyda Stock
To fully project Ilyda SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ilyda 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 Ilyda SA's income statement, its balance sheet, and the statement of cash flows.