Genetec Technology Revenue vs. Return On Equity
| 0104 Stock | 1.25 0.03 2.46% |
For Genetec Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Genetec Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Genetec Technology Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Genetec Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Genetec Technology Bhd over time as well as its relative position and ranking within its peers.
Genetec |
Genetec Technology Bhd Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Genetec Technology's current stock value. Our valuation model uses many indicators to compare Genetec Technology value to that of its competitors to determine the firm's financial worth. Genetec Technology Bhd is the top company in revenue category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Revenue to Return On Equity for Genetec Technology Bhd is about 4,666,528 . 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 Genetec Technology's earnings, one of the primary drivers of an investment's value.Genetec Revenue vs. Competition
Genetec Technology Bhd is the top company in revenue category among its peers. Market size based on revenue of Machinery, Tools, Heavy Vehicles, Trains & Ships industry is presently estimated at about 2.73 Billion. Genetec Technology holds roughly 223.56 Million in revenue claiming about 8% of all equities under Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Genetec Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Genetec Technology |
| = | 223.56 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Genetec Technology |
| = | 47.91 |
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.
Genetec Return On Equity Comparison
Genetec Technology is currently under evaluation in return on equity category among its peers.
Genetec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Genetec Technology. 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 Genetec Technology 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 Genetec Technology's important profitability drivers and their relationship over time.
Use Genetec Technology 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 Genetec Technology 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 Genetec Technology will appreciate offsetting losses from the drop in the long position's value.Genetec Technology Pair Trading
Genetec Technology Bhd Pair Trading Analysis
The ability to find closely correlated positions to Genetec Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genetec Technology 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 Genetec Technology - 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 Genetec Technology Bhd to buy it.
The correlation of Genetec Technology 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 Genetec Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genetec Technology Bhd 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 Genetec Technology 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 Genetec Technology position
In addition to having Genetec Technology 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds 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 Currency Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Genetec Stock
To fully project Genetec Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Genetec Technology Bhd at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Genetec Technology's income statement, its balance sheet, and the statement of cash flows.