Meitav Dash Cash Per Share vs. Return On Asset
| MTDS Stock | ILS 2,691 9.00 0.33% |
For Meitav Dash profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meitav Dash to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meitav Dash Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meitav Dash's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meitav Dash Investments over time as well as its relative position and ranking within its peers.
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Meitav Dash Investments Return On Asset vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meitav Dash's current stock value. Our valuation model uses many indicators to compare Meitav Dash value to that of its competitors to determine the firm's financial worth. Meitav Dash Investments is regarded second in cash per share category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Cash Per Share. The ratio of Cash Per Share to Return On Asset for Meitav Dash Investments is roughly 170.79 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Meitav Dash by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Meitav Dash'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.Meitav Return On Asset vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 7.31 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Meitav Dash |
| = | 0.0428 |
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.
Meitav Return On Asset Comparison
Meitav Dash is currently under evaluation in return on asset category among its peers.
Meitav Dash Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meitav Dash, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meitav Dash will eventually generate negative long term returns. The profitability progress is the general direction of Meitav Dash's change in net profit over the period of time. It can combine multiple indicators of Meitav Dash, 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.
Meitav DS Investments Ltd engages in the fund management activities in Israel. The company was formerly known as DS Apex Holdings Ltd. and changed its name to Meitav DS Investments Ltd in July 2013. MEITAV DASH is traded on Tel Aviv Stock Exchange in Israel.
Meitav Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meitav Dash. 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 Meitav Dash 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 Meitav Dash's important profitability drivers and their relationship over time.
Use Meitav Dash 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 Meitav Dash 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 Meitav Dash will appreciate offsetting losses from the drop in the long position's value.Meitav Dash Pair Trading
Meitav Dash Investments Pair Trading Analysis
The ability to find closely correlated positions to Meitav Dash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meitav Dash 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 Meitav Dash - 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 Meitav Dash Investments to buy it.
The correlation of Meitav Dash 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 Meitav Dash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meitav Dash Investments 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 Meitav Dash 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 Meitav Dash position
In addition to having Meitav Dash 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
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Other Information on Investing in Meitav Stock
To fully project Meitav Dash's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Meitav Dash Investments 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 Meitav Dash's income statement, its balance sheet, and the statement of cash flows.