Wam Capital Net Income vs. Return On Asset
| WAM Stock | 1.53 0.01 0.65% |
Net Income | First Reported 1999-12-31 | Previous Quarter 61.3 M | Current Value 122.7 M | Quarterly Volatility 55.6 M |
For Wam Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wam Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wam Capital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wam Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wam Capital over time as well as its relative position and ranking within its peers.
Wam |
Wam Capital Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wam Capital's current stock value. Our valuation model uses many indicators to compare Wam Capital value to that of its competitors to determine the firm's financial worth. Wam Capital is rated first in net income category among its peers. It is rated first in return on asset category among its peers . The ratio of Net Income to Return On Asset for Wam Capital is about 2,819,574,711 . At this time, Wam Capital's Net Income is comparatively stable compared to the past year. 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 Wam Capital's earnings, one of the primary drivers of an investment's value.Wam Return On Asset 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.
Wam Capital |
| = | 229.23 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.
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.
Wam Capital |
| = | 0.0813 |
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.
Wam Return On Asset Comparison
Wam Capital is currently under evaluation in return on asset category among its peers.
Wam Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wam Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wam Capital will eventually generate negative long term returns. The profitability progress is the general direction of Wam Capital's change in net profit over the period of time. It can combine multiple indicators of Wam Capital, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 164 M | 172.2 M | |
| Operating Income | 283.4 M | 297.5 M | |
| Income Before Tax | 319.4 M | 335.3 M | |
| Total Other Income Expense Net | 36 M | 37.8 M | |
| Net Income Applicable To Common Shares | 199.3 M | 209.3 M | |
| Net Income | 229.2 M | 240.7 M | |
| Income Tax Expense | 90.1 M | 94.6 M | |
| Net Income From Continuing Ops | 229.2 M | 240.7 M | |
| Net Interest Income | 10.1 M | 10.6 M | |
| Interest Income | 10.1 M | 10.6 M | |
| Change To Netincome | -153.9 M | -146.2 M |
Wam Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wam Capital. 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 Wam Capital 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 Wam Capital's important profitability drivers and their relationship over time.
Use Wam Capital 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 Wam Capital 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 Wam Capital will appreciate offsetting losses from the drop in the long position's value.Wam Capital Pair Trading
Wam Capital Pair Trading Analysis
The ability to find closely correlated positions to Wam Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wam Capital 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 Wam Capital - 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 Wam Capital to buy it.
The correlation of Wam Capital 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 Wam Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wam Capital 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 Wam Capital 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 Wam Capital position
In addition to having Wam Capital 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 Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 46 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 Basic Utilities Theme or any other thematic opportunities.
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Additional Tools for Wam Stock Analysis
When running Wam Capital's price analysis, check to measure Wam Capital'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 Wam Capital is operating at the current time. Most of Wam Capital's value examination focuses on studying past and present price action to predict the probability of Wam Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wam Capital's price. Additionally, you may evaluate how the addition of Wam Capital to your portfolios can decrease your overall portfolio volatility.