Pelita Samudera Return On Asset vs. Price To Book
Based on the key profitability measurements obtained from Pelita Samudera's financial statements, Pelita Samudera Shipping may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Pelita Samudera'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 various price indices.
Please note, there is a significant difference between Pelita Samudera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pelita Samudera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pelita Samudera'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 Pelita Samudera profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pelita Samudera to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pelita Samudera Shipping utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pelita Samudera's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pelita Samudera Shipping over time as well as its relative position and ranking within its peers.
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Pelita Samudera Shipping Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pelita Samudera's current stock value. Our valuation model uses many indicators to compare Pelita Samudera value to that of its competitors to determine the firm's financial worth. Pelita Samudera Shipping is regarded second in return on asset category among its peers. It also is regarded second in price to book category among its peers fabricating about 9.94 of Price To Book per Return On Asset. 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 Pelita Samudera's earnings, one of the primary drivers of an investment's value.Pelita Price To Book 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.
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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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Pelita Price To Book Comparison
Pelita Samudera is currently under evaluation in price to book category among its peers.
Pelita Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pelita Samudera. 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 Pelita Samudera 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 Pelita Samudera's important profitability drivers and their relationship over time.
Use Pelita Samudera 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 Pelita Samudera 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 Pelita Samudera will appreciate offsetting losses from the drop in the long position's value.Pelita Samudera Pair Trading
Pelita Samudera Shipping Pair Trading Analysis
The ability to find closely correlated positions to Pelita Samudera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pelita Samudera 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 Pelita Samudera - 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 Pelita Samudera Shipping to buy it.
The correlation of Pelita Samudera 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 Pelita Samudera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pelita Samudera Shipping 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 Pelita Samudera 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 Pelita Samudera position
In addition to having Pelita Samudera 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Pelita Stock
To fully project Pelita Samudera's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pelita Samudera Shipping 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 Pelita Samudera's income statement, its balance sheet, and the statement of cash flows.