Viva Wine Return On Equity vs. Total Debt
| VIVA Stock | 39.30 1.50 3.68% |
For Viva Wine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Viva Wine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Viva Wine Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Viva Wine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Viva Wine Group over time as well as its relative position and ranking within its peers.
Viva |
Viva Wine Group Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Viva Wine's current stock value. Our valuation model uses many indicators to compare Viva Wine value to that of its competitors to determine the firm's financial worth. Viva Wine Group is rated first in return on equity category among its peers. It is rated first in total debt category among its peers making up about 1,650,507,328 of Total Debt per Return On Equity. 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 Viva Wine's earnings, one of the primary drivers of an investment's value.Viva Total Debt vs. Return On Equity
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.
Viva Wine |
| = | 0.44 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Viva Wine |
| = | 732 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Viva Total Debt vs Competition
Viva Wine Group is rated first in total debt category among its peers. Total debt of Beverages-Wineries & Distilleries industry is at this time estimated at about 5.67 Billion. Viva Wine retains roughly 732 Million in total debt claiming about 13% of stocks in Beverages-Wineries & Distilleries industry.
Viva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Viva Wine. 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 Viva Wine 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 Viva Wine's important profitability drivers and their relationship over time.
Use Viva Wine 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 Viva Wine 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 Viva Wine will appreciate offsetting losses from the drop in the long position's value.Viva Wine Pair Trading
Viva Wine Group Pair Trading Analysis
The ability to find closely correlated positions to Viva Wine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viva Wine 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 Viva Wine - 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 Viva Wine Group to buy it.
The correlation of Viva Wine 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 Viva Wine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viva Wine Group 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 Viva Wine 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 Viva Wine position
In addition to having Viva Wine 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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Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
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Additional Tools for Viva Stock Analysis
When running Viva Wine's price analysis, check to measure Viva Wine'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 Viva Wine is operating at the current time. Most of Viva Wine's value examination focuses on studying past and present price action to predict the probability of Viva Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viva Wine's price. Additionally, you may evaluate how the addition of Viva Wine to your portfolios can decrease your overall portfolio volatility.