Redeia Corporacion Return On Equity vs. Return On Asset
| RED Stock | 16.68 0.12 0.71% |
For Redeia Corporacion profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Redeia Corporacion to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Redeia Corporacion SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Redeia Corporacion's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Redeia Corporacion SA over time as well as its relative position and ranking within its peers.
Redeia |
Redeia Corporacion Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Redeia Corporacion's current stock value. Our valuation model uses many indicators to compare Redeia Corporacion value to that of its competitors to determine the firm's financial worth. Redeia Corporacion SA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Redeia Corporacion SA is roughly 3.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Redeia Corporacion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Redeia Corporacion'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.Redeia 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.
Redeia Corporacion |
| = | 0.16 |
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.
Redeia Corporacion |
| = | 0.0422 |
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.
Redeia Return On Asset Comparison
Redeia Corporacion is currently under evaluation in return on asset category among its peers.
Redeia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Redeia Corporacion. 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 Redeia Corporacion 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 Redeia Corporacion's important profitability drivers and their relationship over time.
Use Redeia Corporacion 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 Redeia Corporacion 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 Redeia Corporacion will appreciate offsetting losses from the drop in the long position's value.Redeia Corporacion Pair Trading
Redeia Corporacion SA Pair Trading Analysis
The ability to find closely correlated positions to Redeia Corporacion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redeia Corporacion 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 Redeia Corporacion - 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 Redeia Corporacion SA to buy it.
The correlation of Redeia Corporacion 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 Redeia Corporacion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redeia Corporacion 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 Redeia Corporacion 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 Redeia Corporacion position
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Other Information on Investing in Redeia Stock
To fully project Redeia Corporacion's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Redeia Corporacion 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 Redeia Corporacion's income statement, its balance sheet, and the statement of cash flows.