Nicolas Correa Return On Equity vs. Return On Asset
| NEA Stock | EUR 7.16 0.14 1.99% |
For Nicolas Correa profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nicolas Correa to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nicolas Correa SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nicolas Correa's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nicolas Correa SA over time as well as its relative position and ranking within its peers.
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Nicolas Correa SA Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nicolas Correa's current stock value. Our valuation model uses many indicators to compare Nicolas Correa value to that of its competitors to determine the firm's financial worth. Nicolas Correa SA 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 return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nicolas Correa SA is roughly 2.47 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nicolas Correa by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nicolas Correa'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.Nicolas Return On Asset 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.
Nicolas Correa |
| = | 0.0978 |
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.
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.
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| = | 0.0396 |
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.
Nicolas Return On Asset Comparison
Nicolas Correa is currently under evaluation in return on asset category among its peers.
Nicolas Correa Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nicolas Correa, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nicolas Correa will eventually generate negative long term returns. The profitability progress is the general direction of Nicolas Correa's change in net profit over the period of time. It can combine multiple indicators of Nicolas Correa, 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.
Nicols Correa, S.A. designs, manufactures, and sells milling machines worldwide. Nicols Correa, S.A. was founded in 1947 and is based in Burgos, Spain. NICOLAS CORREA operates under Diversified Industrials classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 350 people.
Nicolas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nicolas Correa. 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 Nicolas Correa 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 Nicolas Correa's important profitability drivers and their relationship over time.
Use Nicolas Correa 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 Nicolas Correa 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 Nicolas Correa will appreciate offsetting losses from the drop in the long position's value.Nicolas Correa Pair Trading
Nicolas Correa SA Pair Trading Analysis
The ability to find closely correlated positions to Nicolas Correa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nicolas Correa 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 Nicolas Correa - 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 Nicolas Correa SA to buy it.
The correlation of Nicolas Correa 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 Nicolas Correa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nicolas Correa 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 Nicolas Correa 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 Nicolas Correa position
In addition to having Nicolas Correa 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?
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Other Information on Investing in Nicolas Stock
To fully project Nicolas Correa's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nicolas Correa 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 Nicolas Correa's income statement, its balance sheet, and the statement of cash flows.