Digilife Technologies Return On Equity vs. Price To Earning
| MZZ1 Stock | EUR 0.78 0.01 1.30% |
For Digilife Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Digilife Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Digilife Technologies Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Digilife Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Digilife Technologies Limited over time as well as its relative position and ranking within its peers.
Digilife |
Digilife Technologies Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Digilife Technologies's current stock value. Our valuation model uses many indicators to compare Digilife Technologies value to that of its competitors to determine the firm's financial worth. Digilife Technologies Limited is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in price to earning category among its peers . 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 Digilife Technologies' earnings, one of the primary drivers of an investment's value.Digilife Price To Earning 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.
Digilife Technologies |
| = | -0.12 |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Digilife Technologies |
| = | 7.78 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Digilife Price To Earning Comparison
Digilife Technologies is currently under evaluation in price to earning category among its peers.
Digilife Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Digilife Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Digilife Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Digilife Technologies' change in net profit over the period of time. It can combine multiple indicators of Digilife Technologies, 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.
Digilife Technologies Limited provides telecommunication services in Southeast Asia and internationally. Digilife Technologies Limited was incorporated in 1993 and is headquartered in Singapore. DIGILIFE TECHNOLOGIES operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2181 people.
Digilife Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Digilife Technologies. 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 Digilife Technologies 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 Digilife Technologies' important profitability drivers and their relationship over time.
Use Digilife Technologies 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 Digilife Technologies 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 Digilife Technologies will appreciate offsetting losses from the drop in the long position's value.Digilife Technologies Pair Trading
Digilife Technologies Limited Pair Trading Analysis
The ability to find closely correlated positions to Digilife Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digilife Technologies 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 Digilife Technologies - 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 Digilife Technologies Limited to buy it.
The correlation of Digilife Technologies 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 Digilife Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digilife Technologies 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 Digilife Technologies 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 Digilife Technologies position
In addition to having Digilife Technologies 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 & Mid Caps ETFs Thematic Idea Now
Large & Mid Caps ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs theme has 41 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 & Mid Caps ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Digilife Stock
To fully project Digilife Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Digilife Technologies 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 Digilife Technologies' income statement, its balance sheet, and the statement of cash flows.