Wielton SA Return On Asset vs. Net Income
| WLT Stock | 5.53 0.16 2.81% |
For Wielton SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wielton SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wielton SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wielton SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wielton SA over time as well as its relative position and ranking within its peers.
Wielton |
Wielton SA Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wielton SA's current stock value. Our valuation model uses many indicators to compare Wielton SA value to that of its competitors to determine the firm's financial worth. Wielton SA is rated fourth in return on asset category among its peers. It is rated fourth in net income category among its peers making up about 1,693,691,756 of Net Income per Return On Asset. 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 Wielton SA's earnings, one of the primary drivers of an investment's value.Wielton Net Income vs. Return On Asset
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.
Wielton SA |
| = | 0.0279 |
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.
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.
Wielton SA |
| = | 47.25 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.
Wielton Net Income Comparison
Wielton SA is rated third in net income category among its peers.
Wielton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wielton SA. 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 Wielton SA 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 Wielton SA's important profitability drivers and their relationship over time.
Use Wielton SA 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 Wielton SA 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 Wielton SA will appreciate offsetting losses from the drop in the long position's value.Wielton SA Pair Trading
Wielton SA Pair Trading Analysis
The ability to find closely correlated positions to Wielton SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wielton SA 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 Wielton SA - 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 Wielton SA to buy it.
The correlation of Wielton SA 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 Wielton SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wielton SA 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 Wielton SA 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 Wielton SA position
In addition to having Wielton SA 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.
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Additional Tools for Wielton Stock Analysis
When running Wielton SA's price analysis, check to measure Wielton SA'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 Wielton SA is operating at the current time. Most of Wielton SA's value examination focuses on studying past and present price action to predict the probability of Wielton SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wielton SA's price. Additionally, you may evaluate how the addition of Wielton SA to your portfolios can decrease your overall portfolio volatility.