Amtran Technology Return On Asset vs. Net Income

2489 Stock  TWD 19.10  0.20  1.04%   
Based on the key profitability measurements obtained from Amtran Technology's financial statements, Amtran Technology Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Amtran Technology's ability to earn profits and add value for shareholders.
For Amtran Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amtran Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amtran Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amtran Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amtran Technology Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Amtran Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amtran Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amtran Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Amtran Technology Net Income vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Amtran Technology's current stock value. Our valuation model uses many indicators to compare Amtran Technology value to that of its competitors to determine the firm's financial worth.
Amtran Technology Co is number one stock in return on asset category among its peers. It also is number one stock in net income category among its peers making up about  3,858,951,538,462  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 Amtran Technology's earnings, one of the primary drivers of an investment's value.

Amtran 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.

Amtran Technology

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0013
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.

Amtran Technology

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
5.02 B
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.

Amtran Net Income Comparison

Amtran Technology is currently under evaluation in net income category among its peers.

Amtran Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Amtran Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amtran Technology will eventually generate negative long term returns. The profitability progress is the general direction of Amtran Technology's change in net profit over the period of time. It can combine multiple indicators of Amtran Technology, 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.
,Ltd engages in the design, manufacture, and sale of monitors, digital TV, computers, and computer peripherals in Taiwan and internationally. The company was incorporated in 1994 and is based in New Taipei City, Taiwan. AMTRAN TECHNOLOGY operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 3475 people.

Amtran Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Amtran 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 Amtran 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 Amtran Technology's important profitability drivers and their relationship over time.

Use Amtran 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 Amtran 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 Amtran Technology will appreciate offsetting losses from the drop in the long position's value.

Amtran Technology Pair Trading

Amtran Technology Co Pair Trading Analysis

The ability to find closely correlated positions to Amtran 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 Amtran 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 Amtran 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 Amtran Technology Co to buy it.
The correlation of Amtran 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 Amtran Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amtran Technology 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 Amtran 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Amtran Technology position

In addition to having Amtran 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.

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Run Compulsion Thematic Idea Now

Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion 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 Compulsion Theme or any other thematic opportunities.
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Additional Tools for Amtran Stock Analysis

When running Amtran Technology's price analysis, check to measure Amtran Technology'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 Amtran Technology is operating at the current time. Most of Amtran Technology's value examination focuses on studying past and present price action to predict the probability of Amtran Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amtran Technology's price. Additionally, you may evaluate how the addition of Amtran Technology to your portfolios can decrease your overall portfolio volatility.