Jasa Marga Shares Outstanding vs. Return On Asset
| JSMR Stock | IDR 4,700 100.00 2.17% |
For Jasa Marga profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jasa Marga to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jasa Marga Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jasa Marga's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jasa Marga Tbk over time as well as its relative position and ranking within its peers.
Jasa |
Jasa Marga Tbk Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jasa Marga's current stock value. Our valuation model uses many indicators to compare Jasa Marga value to that of its competitors to determine the firm's financial worth. Jasa Marga Tbk is currently regarded as number one stock in shares outstanding category among its peers. It is rated second overall in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Jasa Marga Tbk is about 231,880,825,048 . 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 Jasa Marga's earnings, one of the primary drivers of an investment's value.Jasa Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Jasa Marga |
| = | 7.26 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Jasa Marga |
| = | 0.0313 |
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.
Jasa Return On Asset Comparison
Jasa Marga is currently under evaluation in return on asset category among its peers.
Jasa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jasa Marga. 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 Jasa Marga 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 Jasa Marga's important profitability drivers and their relationship over time.
Use Jasa Marga 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 Jasa Marga 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 Jasa Marga will appreciate offsetting losses from the drop in the long position's value.Jasa Marga Pair Trading
Jasa Marga Tbk Pair Trading Analysis
The ability to find closely correlated positions to Jasa Marga could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jasa Marga 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 Jasa Marga - 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 Jasa Marga Tbk to buy it.
The correlation of Jasa Marga 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 Jasa Marga moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jasa Marga Tbk 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 Jasa Marga 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 Jasa Marga position
In addition to having Jasa Marga 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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A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 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 Warren Buffett Holdings Theme or any other thematic opportunities.
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Other Information on Investing in Jasa Stock
To fully project Jasa Marga's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jasa Marga Tbk 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 Jasa Marga's income statement, its balance sheet, and the statement of cash flows.