Know IT Shares Outstanding vs. Return On Asset
KNOW Stock | SEK 134.60 1.60 1.20% |
For Know IT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Know IT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Know IT AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Know IT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Know IT AB over time as well as its relative position and ranking within its peers.
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Know IT AB Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Know IT's current stock value. Our valuation model uses many indicators to compare Know IT value to that of its competitors to determine the firm's financial worth. Know IT AB is currently regarded as number one stock in shares outstanding category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Know IT AB is about 665,266,990 . 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 Know IT's earnings, one of the primary drivers of an investment's value.Know 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.
Know IT |
| = | 27.41 M |
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.
Know IT |
| = | 0.0412 |
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.
Know Return On Asset Comparison
Know IT is currently under evaluation in return on asset category among its peers.
Know IT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Know IT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Know IT will eventually generate negative long term returns. The profitability progress is the general direction of Know IT's change in net profit over the period of time. It can combine multiple indicators of Know IT, 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.
Knowit AB , a consultancy company, provides digital and cross-functional solutions in the Nordic region. Knowit AB was founded in 1990 and is headquartered in Stockholm, Sweden. Knowit AB operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2275 people.
Know Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Know IT. 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 Know IT 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 Know IT's important profitability drivers and their relationship over time.
Use Know IT 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 Know IT 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 Know IT will appreciate offsetting losses from the drop in the long position's value.Know IT Pair Trading
Know IT AB Pair Trading Analysis
The ability to find closely correlated positions to Know IT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Know IT 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 Know IT - 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 Know IT AB to buy it.
The correlation of Know IT 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 Know IT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Know IT AB 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 Know IT 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 Know IT position
In addition to having Know IT 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 Volatility ETFs Thematic Idea Now
Volatility ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 26 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 Volatility ETFs Theme or any other thematic opportunities.
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Additional Tools for Know Stock Analysis
When running Know IT's price analysis, check to measure Know IT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Know IT is operating at the current time. Most of Know IT's value examination focuses on studying past and present price action to predict the probability of Know IT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know IT's price. Additionally, you may evaluate how the addition of Know IT to your portfolios can decrease your overall portfolio volatility.