Suny Cellular Return On Equity vs. Price To Earning
| SNCM Stock | 117.00 3.20 2.81% |
For Suny Cellular profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Suny Cellular to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Suny Cellular Communication utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Suny Cellular's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Suny Cellular Communication over time as well as its relative position and ranking within its peers.
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Suny Cellular Commun Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Suny Cellular's current stock value. Our valuation model uses many indicators to compare Suny Cellular value to that of its competitors to determine the firm's financial worth. Suny Cellular Communication is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in price to earning category among its peers reporting about 2,531 of Price To Earning per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Suny Cellular by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Suny Cellular's Stock. 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.Suny Price To Earning 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.
Suny Cellular |
| = | 0.27 |
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 Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Suny Cellular |
| = | 687.13 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Suny Cellular Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Suny Cellular, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Suny Cellular will eventually generate negative long term returns. The profitability progress is the general direction of Suny Cellular's change in net profit over the period of time. It can combine multiple indicators of Suny Cellular, 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.
Suny Cellular Communication Ltd imports and distributes cellular phones and related accessories. Suny Cellular Communication Ltd was founded in 1971 and is based in Petah Tikva, Israel. SUNY CELLULAR operates under Telecom Services classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 254 people.
Suny Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Suny Cellular. 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 Suny Cellular 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 Suny Cellular's important profitability drivers and their relationship over time.
Use Suny Cellular 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 Suny Cellular 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 Suny Cellular will appreciate offsetting losses from the drop in the long position's value.Suny Cellular Pair Trading
Suny Cellular Communication Pair Trading Analysis
The ability to find closely correlated positions to Suny Cellular could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suny Cellular 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 Suny Cellular - 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 Suny Cellular Communication to buy it.
The correlation of Suny Cellular 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 Suny Cellular moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suny Cellular Commun 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 Suny Cellular 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 Suny Cellular position
In addition to having Suny Cellular 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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Other Information on Investing in Suny Stock
To fully project Suny Cellular's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Suny Cellular Commun 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 Suny Cellular's income statement, its balance sheet, and the statement of cash flows.