Lacroix Group Shares Outstanding vs. Net Income
LACR Stock | EUR 10.65 0.35 3.18% |
For Lacroix Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lacroix Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lacroix Group SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lacroix Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lacroix Group SA over time as well as its relative position and ranking within its peers.
Lacroix |
Lacroix Group SA Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lacroix Group's current stock value. Our valuation model uses many indicators to compare Lacroix Group value to that of its competitors to determine the firm's financial worth. Lacroix Group SA is currently regarded as number one stock in shares outstanding category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 4.62 of Net Income per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lacroix Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lacroix Group'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.Lacroix Net Income 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.
Lacroix Group |
| = | 4.68 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Lacroix Group |
| = | 21.61 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Lacroix Net Income Comparison
Lacroix Group is currently under evaluation in net income category among its peers.
Lacroix Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lacroix Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lacroix Group will eventually generate negative long term returns. The profitability progress is the general direction of Lacroix Group's change in net profit over the period of time. It can combine multiple indicators of Lacroix Group, 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.
Lacroix SA develops, industrializes, produces, and integrates electronic assemblies and subassemblies for the automobile, aeronautics, home automation, industrial, and health sectors in France, Germany, Poland, Italy, Spain, and Tunisia. The company was founded in 1936 and is headquartered in Saint-Herblain, France. LACROIX SA operates under Scientific Technical Instruments classification in France and is traded on Paris Stock Exchange. It employs 4044 people.
Lacroix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lacroix Group. 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 Lacroix Group 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 Lacroix Group's important profitability drivers and their relationship over time.
Use Lacroix Group 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 Lacroix Group 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 Lacroix Group will appreciate offsetting losses from the drop in the long position's value.Lacroix Group Pair Trading
Lacroix Group SA Pair Trading Analysis
The ability to find closely correlated positions to Lacroix Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lacroix Group 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 Lacroix Group - 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 Lacroix Group SA to buy it.
The correlation of Lacroix Group 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 Lacroix Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lacroix Group 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 Lacroix Group 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 Lacroix Group position
In addition to having Lacroix Group 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 Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds 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 Large Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Lacroix Stock
To fully project Lacroix Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lacroix Group 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 Lacroix Group's income statement, its balance sheet, and the statement of cash flows.