Soligen Technologies Return On Equity vs. Net Income
| SGTNDelisted Stock | USD 0.0006 0.00 0.00% |
For Soligen Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Soligen Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Soligen Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Soligen Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Soligen Technologies over time as well as its relative position and ranking within its peers.
Soligen |
Soligen Technologies Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Soligen Technologies's current stock value. Our valuation model uses many indicators to compare Soligen Technologies value to that of its competitors to determine the firm's financial worth. Soligen Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in net income category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Soligen Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Soligen Technologies' Pink Sheet. 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.Soligen Net Income 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.
Soligen Technologies |
| = | -9.12 |
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.
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.
Soligen Technologies |
| = | (1.12 M) |
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.
Soligen Net Income Comparison
Soligen Technologies is currently under evaluation in net income category among its peers.
Soligen Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Soligen Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Soligen Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Soligen Technologies' change in net profit over the period of time. It can combine multiple indicators of Soligen Technologies, 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.
Soligen Technologies, Inc., through its subsidiary, manufactures cast metal parts for automotive companies in the United States. The company was incorporated in 1988 and is based in Van Nuys, California. SOLIGEN TECHNOLOGIES operates under Oil Gas EP classification in the United States and is traded on PNK Exchange. It employs 91 people.
Soligen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Soligen Technologies. 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 Soligen Technologies 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 Soligen Technologies' important profitability drivers and their relationship over time.
Use Soligen Technologies 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 Soligen Technologies 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 Soligen Technologies will appreciate offsetting losses from the drop in the long position's value.Soligen Technologies Pair Trading
Soligen Technologies Pair Trading Analysis
The ability to find closely correlated positions to Soligen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soligen Technologies 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 Soligen Technologies - 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 Soligen Technologies to buy it.
The correlation of Soligen Technologies 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 Soligen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soligen Technologies 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 Soligen Technologies 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 Soligen Technologies position
In addition to having Soligen Technologies 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 Restaurants Thematic Idea Now
Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 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 Restaurants 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 estimate. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Soligen Pink Sheet
If you are still planning to invest in Soligen Technologies 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 Soligen Technologies' history and understand the potential risks before investing.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |