Vienna Insurance Price To Sales vs. Return On Asset
| VIG Stock | EUR 29.00 0.30 1.02% |
For Vienna Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vienna Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vienna Insurance Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vienna Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vienna Insurance Group over time as well as its relative position and ranking within its peers.
Vienna |
Vienna Insurance Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vienna Insurance's current stock value. Our valuation model uses many indicators to compare Vienna Insurance value to that of its competitors to determine the firm's financial worth. Vienna Insurance Group is rated first in price to sales category among its peers. It is rated first in return on asset category among its peers reporting about 0.04 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Vienna Insurance Group is roughly 24.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vienna Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vienna Insurance'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.Vienna Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Vienna Insurance |
| = | 0.24 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Vienna Insurance |
| = | 0.0095 |
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.
Vienna Return On Asset Comparison
Vienna Insurance is currently under evaluation in return on asset category among its peers.
Vienna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vienna Insurance. 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 Vienna Insurance 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 Vienna Insurance's important profitability drivers and their relationship over time.
Use Vienna Insurance 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 Vienna Insurance 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 Vienna Insurance will appreciate offsetting losses from the drop in the long position's value.Vienna Insurance Pair Trading
Vienna Insurance Group Pair Trading Analysis
The ability to find closely correlated positions to Vienna Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vienna Insurance 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 Vienna Insurance - 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 Vienna Insurance Group to buy it.
The correlation of Vienna Insurance 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 Vienna Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vienna Insurance 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 Vienna Insurance 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 Vienna Insurance position
In addition to having Vienna Insurance 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in Vienna Stock
To fully project Vienna Insurance's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Vienna Insurance 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 Vienna Insurance's income statement, its balance sheet, and the statement of cash flows.