Avante Logixx Profitability Analysis
| XX Stock | CAD 0.81 0.02 2.41% |
Net Loss | First Reported 2006-09-30 | Previous Quarter -2.9 M | Current Value -120.1 K | Quarterly Volatility 1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.1 | 0.1074 |
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For Avante Logixx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avante Logixx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avante Logixx utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avante Logixx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avante Logixx over time as well as its relative position and ranking within its peers.
Avante |
Avante Logixx Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avante Logixx's current stock value. Our valuation model uses many indicators to compare Avante Logixx value to that of its competitors to determine the firm's financial worth. Avante Logixx is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Avante Logixx's Return On Equity is fairly 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 Avante Logixx's earnings, one of the primary drivers of an investment's value.Avante Return On Asset 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.
Avante Logixx |
| = | -0.22 |
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.
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.
Avante Logixx |
| = | -0.0623 |
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.
Avante Return On Asset Comparison
Avante Logixx is currently under evaluation in return on asset category among its peers.
Avante Logixx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avante Logixx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avante Logixx will eventually generate negative long term returns. The profitability progress is the general direction of Avante Logixx's change in net profit over the period of time. It can combine multiple indicators of Avante Logixx, 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 | -428.7 K | -450.1 K | |
| Operating Income | -2.1 M | -2 M | |
| Net Loss | -3 M | -2.9 M | |
| Income Tax Expense | -86.8 K | -82.5 K | |
| Income Before Tax | -3.1 M | -3 M | |
| Total Other Income Expense Net | -997.2 K | -1 M | |
| Net Loss | -3 M | -2.9 M | |
| Net Loss | -4 M | -3.8 M | |
| Net Interest Income | -655 K | -687.7 K | |
| Change To Netincome | 2.6 M | 2.7 M | |
| Net Loss | (0.11) | (0.03) | |
| Income Quality | 0.33 | 0.17 | |
| Net Income Per E B T | 0.97 | 1.14 |
Avante Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avante Logixx. 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 Avante Logixx 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 Avante Logixx's important profitability drivers and their relationship over time.
Use Avante Logixx 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 Avante Logixx 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 Avante Logixx will appreciate offsetting losses from the drop in the long position's value.Avante Logixx Pair Trading
Avante Logixx Pair Trading Analysis
The ability to find closely correlated positions to Avante Logixx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avante Logixx 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 Avante Logixx - 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 Avante Logixx to buy it.
The correlation of Avante Logixx 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 Avante Logixx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avante Logixx 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 Avante Logixx 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 Avante Logixx position
In addition to having Avante Logixx 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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Additional Tools for Avante Stock Analysis
When running Avante Logixx's price analysis, check to measure Avante Logixx'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 Avante Logixx is operating at the current time. Most of Avante Logixx's value examination focuses on studying past and present price action to predict the probability of Avante Logixx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avante Logixx's price. Additionally, you may evaluate how the addition of Avante Logixx to your portfolios can decrease your overall portfolio volatility.