WinWay Technology Operating Margin vs. Return On Asset
| 6515 Stock | TWD 1,075 20.00 1.83% |
For WinWay Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WinWay Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WinWay Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WinWay Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WinWay Technology Co over time as well as its relative position and ranking within its peers.
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WinWay Technology Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WinWay Technology's current stock value. Our valuation model uses many indicators to compare WinWay Technology value to that of its competitors to determine the firm's financial worth. WinWay Technology Co is rated third in operating margin category among its peers. It is number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Operating Margin. The ratio of Operating Margin to Return On Asset for WinWay Technology Co is roughly 1.56 . 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 WinWay Technology's earnings, one of the primary drivers of an investment's value.WinWay Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
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| = | 0.25 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
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| = | 0.16 |
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.
WinWay Return On Asset Comparison
WinWay Technology is currently under evaluation in return on asset category among its peers.
WinWay Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WinWay Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WinWay Technology will eventually generate negative long term returns. The profitability progress is the general direction of WinWay Technology's change in net profit over the period of time. It can combine multiple indicators of WinWay 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.
WinWay Technology Co., Ltd. manufactures and supplies integrated circuit testing interfaces worldwide. WinWay Technology Co., Ltd. was founded in 2001 and is headquartered in Kaohsiung, Taiwan. WINWAY TECHNOLOGY operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
WinWay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WinWay 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 WinWay 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 WinWay Technology's important profitability drivers and their relationship over time.
Use WinWay 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 WinWay 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 WinWay Technology will appreciate offsetting losses from the drop in the long position's value.WinWay Technology Pair Trading
WinWay Technology Co Pair Trading Analysis
The ability to find closely correlated positions to WinWay 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 WinWay 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 WinWay 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 WinWay Technology Co to buy it.
The correlation of WinWay 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 WinWay Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WinWay 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 WinWay 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 WinWay Technology position
In addition to having WinWay 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Additional Tools for WinWay Stock Analysis
When running WinWay Technology's price analysis, check to measure WinWay 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 WinWay Technology is operating at the current time. Most of WinWay Technology's value examination focuses on studying past and present price action to predict the probability of WinWay 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 WinWay Technology's price. Additionally, you may evaluate how the addition of WinWay Technology to your portfolios can decrease your overall portfolio volatility.