South Jersey Revenue vs. Return On Equity
| SJIDelisted Stock | USD 36.09 0.03 0.08% |
For South Jersey profitability analysis, we use financial ratios and fundamental drivers that measure the ability of South Jersey to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well South Jersey Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between South Jersey's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of South Jersey Industries over time as well as its relative position and ranking within its peers.
South |
South Jersey Industries Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining South Jersey's current stock value. Our valuation model uses many indicators to compare South Jersey value to that of its competitors to determine the firm's financial worth. South Jersey Industries is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in return on equity category among its peers . The ratio of Revenue to Return On Equity for South Jersey Industries is about 25,025,075,377 . 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 South Jersey's earnings, one of the primary drivers of an investment's value.South Revenue vs. Competition
South Jersey Industries is currently regarded number one company in revenue category among its peers. Market size based on revenue of Utilities industry is at this time estimated at about 2.67 Trillion. South Jersey adds roughly 1.99 Billion in revenue claiming only tiny portion of Utilities industry.
South Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
South Jersey |
| = | 1.99 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
South Jersey |
| = | 0.0796 |
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.
South Return On Equity Comparison
South Jersey is currently under evaluation in return on equity category among its peers.
South Jersey Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in South Jersey, profitability is also one of the essential criteria for including it into their portfolios because, without profit, South Jersey will eventually generate negative long term returns. The profitability progress is the general direction of South Jersey's change in net profit over the period of time. It can combine multiple indicators of South Jersey, 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.
South Jersey Industries, Inc., through its subsidiaries, provides energy-related products and services. The company was founded in 1910 and is headquartered in Folsom, New Jersey. South Jersey operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 1169 people.
South Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on South Jersey. 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 South Jersey 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 South Jersey's important profitability drivers and their relationship over time.
Use South Jersey 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 South Jersey 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 South Jersey will appreciate offsetting losses from the drop in the long position's value.South Jersey Pair Trading
South Jersey Industries Pair Trading Analysis
The ability to find closely correlated positions to South Jersey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Jersey 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 South Jersey - 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 South Jersey Industries to buy it.
The correlation of South Jersey 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 South Jersey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Jersey Industries 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 South Jersey 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 South Jersey position
In addition to having South Jersey 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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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 inflation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in South Stock
If you are still planning to invest in South Jersey Industries 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 South Jersey's history and understand the potential risks before investing.
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