Viking Line Price To Sales vs. Return On Equity
| VIK1V Stock | EUR 19.80 1.30 6.16% |
For Viking Line profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Viking Line to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Viking Line Abp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Viking Line's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Viking Line Abp over time as well as its relative position and ranking within its peers.
Viking |
Viking Line Abp Return On Equity vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Viking Line's current stock value. Our valuation model uses many indicators to compare Viking Line value to that of its competitors to determine the firm's financial worth. Viking Line Abp is rated first in price to sales category among its peers. It is rated first in return on equity category among its peers reporting about 0.10 of Return On Equity per Price To Sales. The ratio of Price To Sales to Return On Equity for Viking Line Abp is roughly 10.49 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Viking Line by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Viking Line'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.Viking Return On Equity 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.
Viking Line |
| = | 0.47 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 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.
Viking Line |
| = | 0.0452 |
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.
Viking Return On Equity Comparison
Viking Line is currently under evaluation in return on equity category among its peers.
Viking Line Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Viking Line, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Viking Line will eventually generate negative long term returns. The profitability progress is the general direction of Viking Line's change in net profit over the period of time. It can combine multiple indicators of Viking Line, 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.
Viking Line ABP, together with its subsidiaries, provides passenger and cargo carrier services. Viking Line ABP was founded in 1959 and is headquartered in Mariehamn, Finland. Viking Line operates under Shipping Ports classification in Finland and is traded on Helsinki Exchange. It employs 2502 people.
Viking Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Viking Line. 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 Viking Line 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 Viking Line's important profitability drivers and their relationship over time.
Use Viking Line 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 Viking Line 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 Viking Line will appreciate offsetting losses from the drop in the long position's value.Viking Line Pair Trading
Viking Line Abp Pair Trading Analysis
The ability to find closely correlated positions to Viking Line could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viking Line 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 Viking Line - 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 Viking Line Abp to buy it.
The correlation of Viking Line 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 Viking Line moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viking Line Abp 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 Viking Line 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 Viking Line position
In addition to having Viking Line 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?
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Robots And Drones
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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 Robots And Drones Theme or any other thematic opportunities.
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Other Information on Investing in Viking Stock
To fully project Viking Line's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Viking Line Abp 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 Viking Line's income statement, its balance sheet, and the statement of cash flows.