Hydract As Stock Five Year Return
| HYDRCT Stock | DKK 0.40 0.02 5.26% |
Hydract AS fundamentals help investors to digest information that contributes to Hydract AS's financial success or failures. It also enables traders to predict the movement of Hydract Stock. The fundamental analysis module provides a way to measure Hydract AS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hydract AS stock.
Hydract |
Hydract AS Company Five Year Return Analysis
Hydract AS's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Hydract AS has a Five Year Return of 0.0%. This indicator is about the same for the Industrials average (which is currently at 0.0) sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. This indicator is about the same for all Denmark stocks average (which is currently at 0.0).
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Hydract Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0867 | |||
| Profit Margin | (1.52) % | |||
| Operating Margin | (2.00) % | |||
| Current Valuation | 104.2 M | |||
| Shares Outstanding | 20.96 M | |||
| Shares Owned By Institutions | 4.05 % | |||
| Price To Book | 2.94 X | |||
| Price To Sales | 42.05 X | |||
| Revenue | 5.87 M | |||
| Gross Profit | 796.21 K | |||
| EBITDA | (5.74 M) | |||
| Net Income | (4.49 M) | |||
| Total Debt | 1.14 M | |||
| Book Value Per Share | 1.81 X | |||
| Cash Flow From Operations | (6.09 M) | |||
| Market Capitalization | 126.27 M | |||
| Total Asset | 50.73 M | |||
| Z Score | 66.0 | |||
| Net Asset | 50.73 M |
About Hydract AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hydract AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hydract AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hydract AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hydract AS
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 Hydract AS 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 Hydract AS will appreciate offsetting losses from the drop in the long position's value.Moving together with Hydract Stock
| 0.77 | VWS | Vestas Wind Systems | PairCorr |
| 0.62 | FOM | FOM Technologies | PairCorr |
| 0.79 | NOVO-B | Novo Nordisk AS | PairCorr |
Moving against Hydract Stock
| 0.83 | DSV | DSV Panalpina AS | PairCorr |
| 0.46 | NDA-DK | Nordea Bank Abp | PairCorr |
| 0.32 | MAERSK-B | AP Mller | PairCorr |
| 0.31 | MAERSK-A | AP Mller | PairCorr |
The ability to find closely correlated positions to Hydract AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydract AS 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 Hydract AS - 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 Hydract AS to buy it.
The correlation of Hydract AS 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 Hydract AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydract AS 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 Hydract AS 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.Other Information on Investing in Hydract Stock
Hydract AS financial ratios help investors to determine whether Hydract Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydract with respect to the benefits of owning Hydract AS security.