Takung Art Return On Equity vs. Net Income
| TKATDelisted Stock | USD 0.23 0.07 23.33% |
For Takung Art profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Takung Art to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Takung Art Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Takung Art's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Takung Art Co over time as well as its relative position and ranking within its peers.
Takung |
Takung Art Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Takung Art's current stock value. Our valuation model uses many indicators to compare Takung Art value to that of its competitors to determine the firm's financial worth. Takung Art Co is currently regarded as top stock in return on equity category among its peers. It is rated third in net income category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Takung Art 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.Takung 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.
Takung Art |
| = | -0.0662 |
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.
Takung Art |
| = | (10.61 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.
Takung Net Income Comparison
Takung Art is currently under evaluation in net income category among its peers.
Takung Art Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Takung Art, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Takung Art will eventually generate negative long term returns. The profitability progress is the general direction of Takung Art's change in net profit over the period of time. It can combine multiple indicators of Takung Art, 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.
Takung Art Co., Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token primarily in the Peoples Republic of China. Its platform offers and trades in various artwork, such as calligraphy, paintings, sculptures, crafts, jade, jewelry, metal ware, ceramics, and antique furniture. Takung Art is traded on AMEX Exchange in the United States.
Takung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Takung Art. 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 Takung Art 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 Takung Art's important profitability drivers and their relationship over time.
Use Takung Art 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 Takung Art 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 Takung Art will appreciate offsetting losses from the drop in the long position's value.Takung Art Pair Trading
Takung Art Co Pair Trading Analysis
The ability to find closely correlated positions to Takung Art could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Takung Art 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 Takung Art - 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 Takung Art Co to buy it.
The correlation of Takung Art 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 Takung Art moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Takung Art 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 Takung Art 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 Takung Art position
In addition to having Takung Art 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs 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 nation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Takung Stock
If you are still planning to invest in Takung Art 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 Takung Art's history and understand the potential risks before investing.
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