Neptune Wellness Net Income vs. Return On Equity
| NEPTDelisted Stock | USD 0.13 0.01 7.14% |
For Neptune Wellness profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Neptune Wellness to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Neptune Wellness Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Neptune Wellness's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Neptune Wellness Solutions over time as well as its relative position and ranking within its peers.
Neptune |
Neptune Wellness Sol Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Neptune Wellness's current stock value. Our valuation model uses many indicators to compare Neptune Wellness value to that of its competitors to determine the firm's financial worth. Neptune Wellness Solutions is regarded third in net income category among its peers. It also is regarded third in return on equity category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Neptune Wellness 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.Neptune Return On Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Neptune Wellness |
| = | (81.71 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Neptune Wellness |
| = | -8.18 |
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.
Neptune Return On Equity Comparison
Neptune Wellness is currently under evaluation in return on equity category among its peers.
Neptune Wellness Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Neptune Wellness, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Neptune Wellness will eventually generate negative long term returns. The profitability progress is the general direction of Neptune Wellness' change in net profit over the period of time. It can combine multiple indicators of Neptune Wellness, 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.
Neptune Wellness Solutions Inc. operates as an integrated health and wellness company in Canada, the United States, and internationally. The company was incorporated in 1998 and is headquartered in Laval, Canada. Neptune Wellness is traded on NASDAQ Exchange in the United States.
Neptune Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Neptune Wellness. 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 Neptune Wellness 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 Neptune Wellness' important profitability drivers and their relationship over time.
Use Neptune Wellness 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 Neptune Wellness 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 Neptune Wellness will appreciate offsetting losses from the drop in the long position's value.Neptune Wellness Pair Trading
Neptune Wellness Solutions Pair Trading Analysis
The ability to find closely correlated positions to Neptune Wellness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neptune Wellness 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 Neptune Wellness - 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 Neptune Wellness Solutions to buy it.
The correlation of Neptune Wellness 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 Neptune Wellness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neptune Wellness Sol 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 Neptune Wellness 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 Neptune Wellness position
In addition to having Neptune Wellness 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 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 Junk Bonds Funds 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 american community survey. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Neptune Stock
If you are still planning to invest in Neptune Wellness Sol 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 Neptune Wellness' history and understand the potential risks before investing.
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