Vodafone Group Return On Asset vs. Revenue
| V1OD34 Stock | BRL 26.56 0.75 2.75% |
For Vodafone Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vodafone Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vodafone Group Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vodafone Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vodafone Group Public over time as well as its relative position and ranking within its peers.
Vodafone |
Vodafone Group Public Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vodafone Group's current stock value. Our valuation model uses many indicators to compare Vodafone Group value to that of its competitors to determine the firm's financial worth. Vodafone Group Public is rated first in return on asset category among its peers. It is rated first in revenue category among its peers totaling about 2,081,278,538,813 of Revenue per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Vodafone Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vodafone Group'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.Vodafone Revenue 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.
Vodafone Group |
| = | 0.0219 |
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.
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.
Vodafone Group |
| = | 45.58 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.
Vodafone Revenue vs Competition
Vodafone Group Public is rated first in revenue category among its peers. Market size based on revenue of Telecom Services industry is at this time estimated at about 152.73 Billion. Vodafone Group totals roughly 45.58 Billion in revenue claiming about 30% of equities listed under Telecom Services industry.
Vodafone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vodafone Group. 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 Vodafone Group 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 Vodafone Group's important profitability drivers and their relationship over time.
Use Vodafone Group 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 Vodafone Group 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 Vodafone Group will appreciate offsetting losses from the drop in the long position's value.Vodafone Group Pair Trading
Vodafone Group Public Pair Trading Analysis
The ability to find closely correlated positions to Vodafone Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vodafone Group 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 Vodafone Group - 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 Vodafone Group Public to buy it.
The correlation of Vodafone Group 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 Vodafone Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vodafone Group Public 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 Vodafone Group 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 Vodafone Group position
In addition to having Vodafone Group 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 Equity ETFs Thematic Idea Now
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Other Information on Investing in Vodafone Stock
To fully project Vodafone Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Vodafone Group Public 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 Vodafone Group's income statement, its balance sheet, and the statement of cash flows.