Viaplay Group Price To Sales vs. Return On Asset
| VPLAY-B Stock | 0.68 0.02 2.86% |
For Viaplay Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Viaplay Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Viaplay Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Viaplay Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Viaplay Group AB over time as well as its relative position and ranking within its peers.
Viaplay |
Viaplay Group AB Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Viaplay Group's current stock value. Our valuation model uses many indicators to compare Viaplay Group value to that of its competitors to determine the firm's financial worth. Viaplay Group AB is rated first in price to sales category among its peers. It is rated first in return on asset category among its peers . The ratio of Price To Sales to Return On Asset for Viaplay Group AB is about 550.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Viaplay Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Viaplay 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.Viaplay 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.
Viaplay Group |
| = | 1.16 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.
Viaplay Group |
| = | 0.0021 |
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.
Viaplay Return On Asset Comparison
Viaplay Group is currently under evaluation in return on asset category among its peers.
Viaplay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Viaplay 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 Viaplay 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 Viaplay Group's important profitability drivers and their relationship over time.
Use Viaplay 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 Viaplay 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 Viaplay Group will appreciate offsetting losses from the drop in the long position's value.Viaplay Group Pair Trading
Viaplay Group AB Pair Trading Analysis
The ability to find closely correlated positions to Viaplay 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 Viaplay 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 Viaplay 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 Viaplay Group AB to buy it.
The correlation of Viaplay 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 Viaplay Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viaplay Group AB 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 Viaplay 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 Viaplay Group position
In addition to having Viaplay 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?
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It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
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Other Information on Investing in Viaplay Stock
To fully project Viaplay Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Viaplay Group AB 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 Viaplay Group's income statement, its balance sheet, and the statement of cash flows.