Queens Road Price To Book vs. Return On Asset
| QRC Stock | 0.76 0.01 1.30% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.07 | 0.9175 |
|
|
For Queens Road profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Queens Road to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Queens Road Capital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Queens Road's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Queens Road Capital over time as well as its relative position and ranking within its peers.
Queens |
Queens Road Capital Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Queens Road's current stock value. Our valuation model uses many indicators to compare Queens Road value to that of its competitors to determine the firm's financial worth. Queens Road Capital is currently regarded as top stock in price to book category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.25 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Queens Road Capital is roughly 4.02 . As of the 30th of November 2024, Return On Assets is likely to grow to 0.07. Comparative valuation analysis is a catch-all model that can be used if you cannot value Queens Road by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Queens Road'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.Queens Return On Asset vs. Price To Book
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.
Queens Road |
| = | 1.04 X |
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.
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.
Queens Road |
| = | 0.26 |
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.
Queens Return On Asset Comparison
Queens Road is currently under evaluation in return on asset category among its peers.
Queens Road Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Queens Road, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Queens Road will eventually generate negative long term returns. The profitability progress is the general direction of Queens Road's change in net profit over the period of time. It can combine multiple indicators of Queens Road, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 22.6 M | 23.7 M | |
| Operating Income | 5.4 M | 6 M | |
| Income Before Tax | 5.1 M | 4.2 M | |
| Total Other Income Expense Net | -208.4 K | -218.9 K | |
| Net Income | 5 M | 4.2 M | |
| Income Tax Expense | 144.5 K | 137.2 K | |
| Interest Income | 10 M | 12.6 M | |
| Net Loss | -4 M | -3.8 M | |
| Net Income From Continuing Ops | 3.9 M | 3.7 M | |
| Net Interest Income | -17.4 K | -18.3 K | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | 0.40 | 0.25 | |
| Net Income Per E B T | 1.00 | 1.18 |
Queens Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Queens Road. 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 Queens Road 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 Queens Road's important profitability drivers and their relationship over time.
Use Queens Road 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 Queens Road 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 Queens Road will appreciate offsetting losses from the drop in the long position's value.Queens Road Pair Trading
Queens Road Capital Pair Trading Analysis
The ability to find closely correlated positions to Queens Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Queens Road 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 Queens Road - 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 Queens Road Capital to buy it.
The correlation of Queens Road 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 Queens Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Queens Road Capital 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 Queens Road 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 Queens Road position
In addition to having Queens Road 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 Agency Mbs ETFs Thematic Idea Now
Agency Mbs ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Agency Mbs ETFs theme has 11 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 Agency Mbs ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Queens Stock
To fully project Queens Road's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Queens Road Capital 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 Queens Road's income statement, its balance sheet, and the statement of cash flows.