Overstock Net Income vs. Return On Asset
| 0KDU Stock | 4.65 0.14 2.92% |
Net Loss | First Reported 2012-12-31 | Previous Quarter -42.6 M | Current Value -61 M | Quarterly Volatility 40 M |
For Overstock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Overstock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Overstock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Overstock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Overstock over time as well as its relative position and ranking within its peers.
Overstock |
Overstock Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Overstock's current stock value. Our valuation model uses many indicators to compare Overstock value to that of its competitors to determine the firm's financial worth. Overstock is rated below average in net income category among its peers. It also is rated below average in return on asset category among its peers . At this time, Overstock's Net Loss is comparatively 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 Overstock's earnings, one of the primary drivers of an investment's value.Overstock Return On Asset vs. Net Income
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.
Overstock |
| = | (307.84 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.
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.
Overstock |
| = | -0.22 |
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.
Overstock Return On Asset Comparison
Overstock is currently under evaluation in return on asset category among its peers.
Overstock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Overstock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Overstock will eventually generate negative long term returns. The profitability progress is the general direction of Overstock's change in net profit over the period of time. It can combine multiple indicators of Overstock, 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 | -506 K | -531.3 K | |
| Operating Income | -118.1 M | -112.2 M | |
| Income Before Tax | -266.1 M | -252.8 M | |
| Total Other Income Expense Net | -148 M | -140.6 M | |
| Net Loss | -307.8 M | -292.4 M | |
| Income Tax Expense | 41.7 M | 43.8 M | |
| Interest Income | 19.4 M | 20.4 M | |
| Net Loss | -42.5 M | -40.3 M | |
| Change To Netincome | 77.7 M | 81.6 M |
Overstock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Overstock. 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 Overstock 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 Overstock's important profitability drivers and their relationship over time.
Use Overstock 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 Overstock 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 Overstock will appreciate offsetting losses from the drop in the long position's value.Overstock Pair Trading
Overstock Pair Trading Analysis
The ability to find closely correlated positions to Overstock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Overstock 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 Overstock - 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 Overstock to buy it.
The correlation of Overstock 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 Overstock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Overstock 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 Overstock 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 Overstock position
In addition to having Overstock 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for Overstock Stock Analysis
When running Overstock's price analysis, check to measure Overstock'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 Overstock is operating at the current time. Most of Overstock's value examination focuses on studying past and present price action to predict the probability of Overstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overstock's price. Additionally, you may evaluate how the addition of Overstock to your portfolios can decrease your overall portfolio volatility.