SeaChange International Return On Equity vs. Price To Book
| SEACDelisted Stock | USD 7.86 0.06 0.76% |
For SeaChange International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SeaChange International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SeaChange International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SeaChange International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SeaChange International over time as well as its relative position and ranking within its peers.
SeaChange |
SeaChange International Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SeaChange International's current stock value. Our valuation model uses many indicators to compare SeaChange International value to that of its competitors to determine the firm's financial worth. SeaChange International is rated third in return on equity category among its peers. It also is rated third in price to book category among its peers . 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 SeaChange International's earnings, one of the primary drivers of an investment's value.SeaChange Price To Book 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.
SeaChange International |
| = | -0.26 |
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.
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.
SeaChange International |
| = | 0.83 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.
SeaChange Price To Book Comparison
SeaChange International is currently under evaluation in price to book category among its peers.
SeaChange International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SeaChange International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SeaChange International will eventually generate negative long term returns. The profitability progress is the general direction of SeaChange International's change in net profit over the period of time. It can combine multiple indicators of SeaChange International, 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.
SeaChange International, Inc. provides multiscreen, advertising, and premium over the top video products and services that facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide. The company was incorporated in 1993 and is headquartered in Boston, Massachusetts. Sea Change operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 101 people.
SeaChange Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SeaChange International. 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 SeaChange International 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 SeaChange International's important profitability drivers and their relationship over time.
Use SeaChange International 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 SeaChange International 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 SeaChange International will appreciate offsetting losses from the drop in the long position's value.SeaChange International Pair Trading
SeaChange International Pair Trading Analysis
The ability to find closely correlated positions to SeaChange International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SeaChange International 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 SeaChange International - 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 SeaChange International to buy it.
The correlation of SeaChange International 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 SeaChange International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SeaChange International 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 SeaChange International 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 SeaChange International position
In addition to having SeaChange International 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 Aggressive Defence Thematic Idea Now
Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 50 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 Aggressive Defence Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map 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 nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in SeaChange Stock
If you are still planning to invest in SeaChange International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SeaChange International's history and understand the potential risks before investing.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |