Mix Telemats Return On Equity vs. Profit Margin
| MIXTDelisted Stock | USD 6.88 0.31 4.72% |
For Mix Telemats profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mix Telemats to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mix Telemats utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mix Telemats's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mix Telemats over time as well as its relative position and ranking within its peers.
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Mix Telemats Profit Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mix Telemats's current stock value. Our valuation model uses many indicators to compare Mix Telemats value to that of its competitors to determine the firm's financial worth. Mix Telemats is rated below average in return on equity category among its peers. It is rated below average in profit margin category among its peers fabricating about 0.73 of Profit Margin per Return On Equity. The ratio of Return On Equity to Profit Margin for Mix Telemats is roughly 1.37 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Mix Telemats by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mix Profit Margin 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.
Mix Telemats |
| = | 0.0508 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Mix Telemats |
| = | 0.04 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Mix Profit Margin Comparison
Mix Telemats is currently under evaluation in profit margin category among its peers.
Mix Telemats Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mix Telemats, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mix Telemats will eventually generate negative long term returns. The profitability progress is the general direction of Mix Telemats' change in net profit over the period of time. It can combine multiple indicators of Mix Telemats, 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.
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida. Mix Telematics operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 996 people.
Mix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mix Telemats. 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 Mix Telemats 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 Mix Telemats' important profitability drivers and their relationship over time.
Use Mix Telemats 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 Mix Telemats 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 Mix Telemats will appreciate offsetting losses from the drop in the long position's value.Mix Telemats Pair Trading
Mix Telemats Pair Trading Analysis
The ability to find closely correlated positions to Mix Telemats could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mix Telemats 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 Mix Telemats - 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 Mix Telemats to buy it.
The correlation of Mix Telemats 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 Mix Telemats moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mix Telemats 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 Mix Telemats 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 Mix Telemats position
In addition to having Mix Telemats 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 Broad Commodities ETFs Thematic Idea Now
Broad Commodities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities 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 Broad Commodities ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Mix Stock
If you are still planning to invest in Mix Telemats check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mix Telemats' history and understand the potential risks before investing.
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