Cartesian Growth Beta vs. Total Asset
| RENE Stock | USD 11.62 0.04 0.34% |
For Cartesian Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cartesian Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cartesian Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cartesian Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cartesian Growth over time as well as its relative position and ranking within its peers.
Cartesian |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartesian Growth. If investors know Cartesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartesian Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share 0.44 | Return On Assets (0.01) |
The market value of Cartesian Growth is measured differently than its book value, which is the value of Cartesian that is recorded on the company's balance sheet. Investors also form their own opinion of Cartesian Growth's value that differs from its market value or its book value, called intrinsic value, which is Cartesian Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartesian Growth's market value can be influenced by many factors that don't directly affect Cartesian Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartesian Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartesian Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartesian Growth'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.
Cartesian Growth Total Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cartesian Growth's current stock value. Our valuation model uses many indicators to compare Cartesian Growth value to that of its competitors to determine the firm's financial worth. Cartesian Growth is rated second in beta category among its peers. It is currently regarded as top stock in total asset category among its peers . At present, Cartesian Growth's Total Assets are projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cartesian Growth 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.Cartesian Total Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Cartesian Growth |
| = | -0.019 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Cartesian Growth |
| = | 174.58 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Cartesian Total Asset Comparison
Cartesian Growth is currently under evaluation in total asset category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Cartesian Growth are expected to decrease at a much lower rate. During the bear market, Cartesian Growth is likely to outperform the market.
Cartesian Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cartesian Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cartesian Growth will eventually generate negative long term returns. The profitability progress is the general direction of Cartesian Growth's change in net profit over the period of time. It can combine multiple indicators of Cartesian Growth, 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 | ||
| Operating Income | -2 M | -1.9 M | |
| Income Before Tax | 11.4 M | 6 M | |
| Total Other Income Expense Net | 13.5 M | 7 M | |
| Net Loss | -13.4 K | -14.1 K | |
| Net Income | 11.4 M | 6 M | |
| Income Tax Expense | -2 K | -2.1 K | |
| Net Interest Income | 10.7 M | 7.5 M | |
| Interest Income | 10.7 M | 7.5 M | |
| Net Income From Continuing Ops | 8.7 M | 7.5 M | |
| Change To Netincome | 13.4 K | 11.9 K | |
| Net Income Per Share | 0.41 | 0.21 | |
| Income Quality | (0.08) | (0.08) | |
| Net Income Per E B T | 1.93 | 1.71 |
Cartesian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cartesian Growth. 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 Cartesian Growth 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 Cartesian Growth's important profitability drivers and their relationship over time.
Use Cartesian Growth 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 Cartesian Growth 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 Cartesian Growth will appreciate offsetting losses from the drop in the long position's value.Cartesian Growth Pair Trading
Cartesian Growth Pair Trading Analysis
The ability to find closely correlated positions to Cartesian Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cartesian Growth 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 Cartesian Growth - 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 Cartesian Growth to buy it.
The correlation of Cartesian Growth 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 Cartesian Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cartesian Growth 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 Cartesian Growth 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 Cartesian Growth position
In addition to having Cartesian Growth 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?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 167 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 Small Cap ETFs Theme or any other thematic opportunities.
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Check out Your Equity Center. For information on how to trade Cartesian Stock refer to our How to Trade Cartesian Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
To fully project Cartesian Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cartesian Growth 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 Cartesian Growth's income statement, its balance sheet, and the statement of cash flows.