Société Générale Net Income vs. Return On Asset
| SGE Stock | 25.95 0.66 2.48% |
For Société Générale profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Société Générale to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Socit Gnrale Socit utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Société Générale's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Socit Gnrale Socit over time as well as its relative position and ranking within its peers.
Société |
Socit Gnrale Socit Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Société Générale's current stock value. Our valuation model uses many indicators to compare Société Générale value to that of its competitors to determine the firm's financial worth. Socit Gnrale Socit is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of Net Income to Return On Asset for Socit Gnrale Socit is about 1,009,000,000,000 . 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 Société Générale's earnings, one of the primary drivers of an investment's value.Société Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Société Générale |
| = | 2.02 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Société Générale |
| = | 0.002 |
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.
Société Return On Asset Comparison
Socit Gnrale is currently under evaluation in return on asset category among its peers.
Société Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Société Générale. 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 Société Générale 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 Société Générale's important profitability drivers and their relationship over time.
Use Société Générale 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 Société Générale 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 Société Générale will appreciate offsetting losses from the drop in the long position's value.Société Générale Pair Trading
Socit Gnrale Socit Pair Trading Analysis
The ability to find closely correlated positions to Société Générale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Société Générale 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 Société Générale - 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 Socit Gnrale Socit to buy it.
The correlation of Société Générale 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 Société Générale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Socit Gnrale Socit 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 Société Générale 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 Société Générale position
In addition to having Société Générale 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 Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 230 constituents at this time.
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Additional Tools for Société Stock Analysis
When running Société Générale's price analysis, check to measure Société Générale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Société Générale is operating at the current time. Most of Société Générale's value examination focuses on studying past and present price action to predict the probability of Société Générale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Société Générale's price. Additionally, you may evaluate how the addition of Société Générale to your portfolios can decrease your overall portfolio volatility.