Pegasus Hava Return On Equity vs. Return On Asset
Based on the key profitability measurements obtained from Pegasus Hava's financial statements, Pegasus Hava Tasimaciligi may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Pegasus Hava's ability to earn profits and add value for shareholders.
Check out Your Equity Center 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 state.
Please note, there is a significant difference between Pegasus Hava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pegasus Hava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pegasus Hava's 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.
For Pegasus Hava profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pegasus Hava to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pegasus Hava Tasimaciligi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pegasus Hava's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pegasus Hava Tasimaciligi over time as well as its relative position and ranking within its peers.
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Pegasus Hava Tasimaciligi Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pegasus Hava's current stock value. Our valuation model uses many indicators to compare Pegasus Hava value to that of its competitors to determine the firm's financial worth. Pegasus Hava Tasimaciligi is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pegasus Hava Tasimaciligi is roughly 3.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pegasus Hava by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pegasus Hava'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.Pegasus 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.
Pegasus Hava |
| = | 0.23 |
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.
Pegasus Hava |
| = | 0.0652 |
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.
Pegasus Return On Asset Comparison
Pegasus Hava is currently under evaluation in return on asset category among its peers.
Pegasus Hava Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pegasus Hava, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pegasus Hava will eventually generate negative long term returns. The profitability progress is the general direction of Pegasus Hava's change in net profit over the period of time. It can combine multiple indicators of Pegasus Hava, 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.
Pegasus Hava Tasimaciligi Anonim Sirketi, together with its subsidiaries, provides airline services. Pegasus Hava Tasimaciligi Anonim Sirketi is a subsidiary of Esas Holding A.S. PEGASUS operates under Airlines classification in Turkey and is traded on Istanbul Stock Exchange. It employs 5621 people.
Pegasus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pegasus Hava. 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 Pegasus Hava 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 Pegasus Hava's important profitability drivers and their relationship over time.
Use Pegasus Hava 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 Pegasus Hava 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 Pegasus Hava will appreciate offsetting losses from the drop in the long position's value.Pegasus Hava Pair Trading
Pegasus Hava Tasimaciligi Pair Trading Analysis
The ability to find closely correlated positions to Pegasus Hava could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pegasus Hava 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 Pegasus Hava - 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 Pegasus Hava Tasimaciligi to buy it.
The correlation of Pegasus Hava 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 Pegasus Hava moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pegasus Hava Tasimaciligi 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 Pegasus Hava 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 Pegasus Hava position
In addition to having Pegasus Hava 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 Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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Other Information on Investing in Pegasus Stock
To fully project Pegasus Hava's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pegasus Hava Tasimaciligi 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 Pegasus Hava's income statement, its balance sheet, and the statement of cash flows.