VITA 34 Net Income vs. Beta
| V3V Stock | 4.12 0.12 2.83% |
For VITA 34 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VITA 34 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VITA 34 AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VITA 34's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VITA 34 AG over time as well as its relative position and ranking within its peers.
VITA |
VITA 34 AG Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VITA 34's current stock value. Our valuation model uses many indicators to compare VITA 34 value to that of its competitors to determine the firm's financial worth. VITA 34 AG is rated first in net income category among its peers. It is rated first in beta category among its peers . 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 VITA 34's earnings, one of the primary drivers of an investment's value.VITA Beta vs. Net Income
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.
VITA 34 |
| = | (3.67 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
VITA 34 |
| = | 0.79 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
VITA Beta Comparison
VITA 34 is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, VITA 34's returns are expected to increase less than the market. However, during the bear market, the loss of holding VITA 34 is expected to be smaller as well.
VITA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VITA 34. 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 VITA 34 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 VITA 34's important profitability drivers and their relationship over time.
Use VITA 34 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 VITA 34 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 VITA 34 will appreciate offsetting losses from the drop in the long position's value.VITA 34 Pair Trading
VITA 34 AG Pair Trading Analysis
The ability to find closely correlated positions to VITA 34 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VITA 34 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 VITA 34 - 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 VITA 34 AG to buy it.
The correlation of VITA 34 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 VITA 34 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VITA 34 AG 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 VITA 34 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 VITA 34 position
In addition to having VITA 34 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 Health Care ETFs Thematic Idea Now
Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
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Additional Tools for VITA Stock Analysis
When running VITA 34's price analysis, check to measure VITA 34's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VITA 34 is operating at the current time. Most of VITA 34's value examination focuses on studying past and present price action to predict the probability of VITA 34's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VITA 34's price. Additionally, you may evaluate how the addition of VITA 34 to your portfolios can decrease your overall portfolio volatility.