MYT Netherlands Return On Asset vs. Market Capitalization
| MYTE Stock | USD 7.02 0.21 2.90% |
For MYT Netherlands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MYT Netherlands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MYT Netherlands Parent utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MYT Netherlands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MYT Netherlands Parent over time as well as its relative position and ranking within its peers.
MYT |
Is Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYT Netherlands. If investors know MYT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYT Netherlands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MYT Netherlands Parent Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MYT Netherlands's current stock value. Our valuation model uses many indicators to compare MYT Netherlands value to that of its competitors to determine the firm's financial worth. MYT Netherlands Parent is rated below average in return on asset category among its peers. It is regarded fourth in market capitalization category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value MYT Netherlands 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.MYT Market Capitalization vs. Return On Asset
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.
MYT Netherlands |
| = | -0.0083 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
MYT Netherlands |
| = | 616.47 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
MYT Market Capitalization vs Competition
MYT Netherlands Parent is regarded fourth in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is now estimated at about 21 Billion. MYT Netherlands holds roughly 616.47 Million in market capitalization claiming about 2.94% of stocks in Consumer Discretionary industry.
MYT Netherlands Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MYT Netherlands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MYT Netherlands will eventually generate negative long term returns. The profitability progress is the general direction of MYT Netherlands' change in net profit over the period of time. It can combine multiple indicators of MYT Netherlands, 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.
MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, rest of Europe, and internationally. The company was founded in 1987 and is based in Munich, Germany. Myt Netherlands operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. It employs 1196 people.
MYT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MYT Netherlands. 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 MYT Netherlands 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 MYT Netherlands' important profitability drivers and their relationship over time.
Use MYT Netherlands 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 MYT Netherlands 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 MYT Netherlands will appreciate offsetting losses from the drop in the long position's value.MYT Netherlands Pair Trading
MYT Netherlands Parent Pair Trading Analysis
The ability to find closely correlated positions to MYT Netherlands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MYT Netherlands 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 MYT Netherlands - 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 MYT Netherlands Parent to buy it.
The correlation of MYT Netherlands 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 MYT Netherlands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MYT Netherlands Parent 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 MYT Netherlands 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 MYT Netherlands position
In addition to having MYT Netherlands 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods 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 Processed Foods Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
To fully project MYT Netherlands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MYT Netherlands Parent 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 MYT Netherlands' income statement, its balance sheet, and the statement of cash flows.