Juventus Football Price To Book vs. Return On Asset
| JVTSF Stock | USD 3.30 0.10 3.12% |
For Juventus Football profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Juventus Football to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Juventus Football Club utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Juventus Football's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Juventus Football Club over time as well as its relative position and ranking within its peers.
Juventus |
Juventus Football Club Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Juventus Football's current stock value. Our valuation model uses many indicators to compare Juventus Football value to that of its competitors to determine the firm's financial worth. Juventus Football Club is rated second overall in price to book category among its peers. It also is rated second overall in return on asset 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 Juventus Football's earnings, one of the primary drivers of an investment's value.Juventus Return On Asset vs. Price To Book
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.
Juventus Football |
| = | 1.53 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.
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.
Juventus Football |
| = | -0.15 |
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.
Juventus Return On Asset Comparison
Juventus Football is currently under evaluation in return on asset category among its peers.
Juventus Football Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Juventus Football, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Juventus Football will eventually generate negative long term returns. The profitability progress is the general direction of Juventus Football's change in net profit over the period of time. It can combine multiple indicators of Juventus Football, 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.
Juventus Football Club S.p.A. operates as a professional football club in Italy. Juventus Football Club S.p.A. was founded in 1897 and is headquartered in Turin, Italy. JUVENTUS FOOTBALL operates under Entertainment classification in the United States and is traded on OTC Exchange.
Juventus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Juventus Football. 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 Juventus Football 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 Juventus Football's important profitability drivers and their relationship over time.
Use Juventus Football 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 Juventus Football 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 Juventus Football will appreciate offsetting losses from the drop in the long position's value.Juventus Football Pair Trading
Juventus Football Club Pair Trading Analysis
The ability to find closely correlated positions to Juventus Football could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Juventus Football 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 Juventus Football - 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 Juventus Football Club to buy it.
The correlation of Juventus Football 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 Juventus Football moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Juventus Football Club 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 Juventus Football 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 Juventus Football position
In addition to having Juventus Football 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 Juventus Pink Sheet
To fully project Juventus Football's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Juventus Football Club 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 Juventus Football's income statement, its balance sheet, and the statement of cash flows.