WeTrade Group Price To Sales vs. Return On Equity
Considering WeTrade Group's profitability and operating efficiency indicators, WeTrade Group Ordinary may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess WeTrade Group's ability to earn profits and add value for shareholders.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For WeTrade Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WeTrade Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WeTrade Group Ordinary utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WeTrade Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WeTrade Group Ordinary over time as well as its relative position and ranking within its peers.
WeTrade |
WeTrade Group Ordinary Return On Equity vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WeTrade Group's current stock value. Our valuation model uses many indicators to compare WeTrade Group value to that of its competitors to determine the firm's financial worth. WeTrade Group Ordinary is rated fifth in price to sales category among its peers. It is rated second in return on equity category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value WeTrade Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.WeTrade 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.
WeTrade Group |
| = | 2.69 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.
WeTrade Group |
| = | -0.25 |
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.
WeTrade Return On Equity Comparison
WeTrade Group is currently under evaluation in return on equity category among its peers.
WeTrade Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WeTrade Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WeTrade Group will eventually generate negative long term returns. The profitability progress is the general direction of WeTrade Group's change in net profit over the period of time. It can combine multiple indicators of WeTrade Group, 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.
WeTrade Group, Inc. provides technical services and solutions through its social e-commerce platform primarily in mainland China. The company was incorporated in 2019 and is headquartered in Beijing, the People Republic of China. Wetrade operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.
WeTrade Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WeTrade 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 WeTrade 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 WeTrade Group's important profitability drivers and their relationship over time.
Use WeTrade 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 WeTrade 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 WeTrade Group will appreciate offsetting losses from the drop in the long position's value.WeTrade Group Pair Trading
WeTrade Group Ordinary Pair Trading Analysis
The ability to find closely correlated positions to WeTrade 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 WeTrade 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 WeTrade 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 WeTrade Group Ordinary to buy it.
The correlation of WeTrade 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 WeTrade Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WeTrade Group Ordinary 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 WeTrade 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 WeTrade Group position
In addition to having WeTrade 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?
Run Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 43 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 Stores Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in WeTrade Stock
If you are still planning to invest in WeTrade Group Ordinary check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the WeTrade Group's history and understand the potential risks before investing.
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