Tri-County Financial Return On Asset vs. Market Capitalization
| TYFG Stock | USD 43.35 0.35 0.81% |
For Tri-County Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tri-County Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tri County Financial Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tri-County Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tri County Financial Group over time as well as its relative position and ranking within its peers.
Tri-County |
Tri County Financial Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tri-County Financial's current stock value. Our valuation model uses many indicators to compare Tri-County Financial value to that of its competitors to determine the firm's financial worth. Tri County Financial Group is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in market capitalization category among its peers creating about 7,125,454,724 of Market Capitalization per Return On Asset. 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 Tri-County Financial's earnings, one of the primary drivers of an investment's value.Tri-County Market Capitalization vs. Return On Asset
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.
Tri-County Financial |
| = | 0.0163 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Tri-County Financial |
| = | 116.14 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Tri-County Market Capitalization vs Competition
Tri County Financial Group is currently regarded as top stock in market capitalization category among its peers. Market capitalization of Banks—Regional industry is at this time estimated at about 878.71 Million. Tri-County Financial retains roughly 116.14 Million in market capitalization claiming about 13% of stocks in Banks—Regional industry.
Tri-County Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tri-County Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tri-County Financial will eventually generate negative long term returns. The profitability progress is the general direction of Tri-County Financial's change in net profit over the period of time. It can combine multiple indicators of Tri-County Financial, 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.
Tri-County Financial Group, Inc. operates as a bank holding company for First State Bank that provides various banking products and services to individuals and businesses in the United States. Tri-County Financial Group, Inc. was incorporated in 1986 and is based in Mendota, Illinois. Tri County operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Tri-County Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tri-County Financial. 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 Tri-County Financial 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 Tri-County Financial's important profitability drivers and their relationship over time.
Use Tri-County Financial 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 Tri-County Financial 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 Tri-County Financial will appreciate offsetting losses from the drop in the long position's value.Tri-County Financial Pair Trading
Tri County Financial Group Pair Trading Analysis
The ability to find closely correlated positions to Tri-County Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tri-County Financial 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 Tri-County Financial - 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 Tri County Financial Group to buy it.
The correlation of Tri-County Financial 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 Tri-County Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tri County Financial 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 Tri-County Financial 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 Tri-County Financial position
In addition to having Tri-County Financial 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 Broad Commodities ETFs Thematic Idea Now
Broad Commodities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities ETFs theme has 26 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 Broad Commodities ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Tri-County OTC Stock
To fully project Tri-County Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tri County Financial 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 Tri-County Financial's income statement, its balance sheet, and the statement of cash flows.