TenX Keane Total Debt vs. Return On Asset
| TENKDelisted Stock | 3.20 0.15 4.48% |
For TenX Keane profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TenX Keane to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TenX Keane Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TenX Keane's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TenX Keane Acquisition over time as well as its relative position and ranking within its peers.
TenX |
TenX Keane Acquisition Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TenX Keane's current stock value. Our valuation model uses many indicators to compare TenX Keane value to that of its competitors to determine the firm's financial worth. TenX Keane Acquisition is rated fifth in total debt category among its peers. It also is rated fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value TenX Keane by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.TenX Total Debt vs. Competition
TenX Keane Acquisition is rated fifth in total debt category among its peers. Total debt of Financials industry is at this time estimated at about 14.73 Million. TenX Keane holds roughly 1.32 Million in total debt claiming about 9% of equities under Financials industry.
TenX Return On Asset vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
TenX Keane |
| = | 1.32 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
TenX Keane |
| = | -0.009 |
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.
TenX Return On Asset Comparison
TenX Keane is currently under evaluation in return on asset category among its peers.
TenX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TenX Keane. 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 TenX Keane 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 TenX Keane's important profitability drivers and their relationship over time.
Use TenX Keane 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 TenX Keane 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 TenX Keane will appreciate offsetting losses from the drop in the long position's value.TenX Keane Pair Trading
TenX Keane Acquisition Pair Trading Analysis
The ability to find closely correlated positions to TenX Keane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TenX Keane 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 TenX Keane - 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 TenX Keane Acquisition to buy it.
The correlation of TenX Keane 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 TenX Keane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TenX Keane Acquisition 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 TenX Keane 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 TenX Keane position
In addition to having TenX Keane 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 Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology 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 board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in TenX Stock
If you are still planning to invest in TenX Keane Acquisition 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 TenX Keane's history and understand the potential risks before investing.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |