SCANDION ONC Return On Equity vs. Revenue
| 8VY Stock | EUR 0.01 0.0004 5.71% |
For SCANDION ONC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SCANDION ONC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SCANDION ONC DK 0735 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SCANDION ONC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SCANDION ONC DK 0735 over time as well as its relative position and ranking within its peers.
SCANDION |
SCANDION ONC DK Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SCANDION ONC's current stock value. Our valuation model uses many indicators to compare SCANDION ONC value to that of its competitors to determine the firm's financial worth. SCANDION ONC DK 0735 is number one stock in return on equity category among its peers. It also is the top company in revenue category among its peers . 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 SCANDION ONC's earnings, one of the primary drivers of an investment's value.SCANDION Revenue vs. Return On Equity
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.
SCANDION ONC |
| = | -0.74 |
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.
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.
SCANDION ONC |
| = | (169 K) |
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.
SCANDION Revenue vs Competition
SCANDION ONC DK 0735 is the top company in revenue category among its peers. Market size based on revenue of Biotechnology industry is presently estimated at about 651.5 Billion. SCANDION ONC has negative revenue of (169,000) contributing less than 1% to the industry.
SCANDION ONC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SCANDION ONC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SCANDION ONC will eventually generate negative long term returns. The profitability progress is the general direction of SCANDION ONC's change in net profit over the period of time. It can combine multiple indicators of SCANDION ONC, 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.
Scandion Oncology AS, a biotechnology company, develops drugs for the treatment of chemotherapy resistance in cancer patients. The company was founded in 2017 and is based in Copenhagen, Denmark. SCANDION ONC operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6 people.
SCANDION Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SCANDION ONC. 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 SCANDION ONC 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 SCANDION ONC's important profitability drivers and their relationship over time.
Use SCANDION ONC 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 SCANDION ONC 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 SCANDION ONC will appreciate offsetting losses from the drop in the long position's value.SCANDION ONC Pair Trading
SCANDION ONC DK 0735 Pair Trading Analysis
The ability to find closely correlated positions to SCANDION ONC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SCANDION ONC 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 SCANDION ONC - 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 SCANDION ONC DK 0735 to buy it.
The correlation of SCANDION ONC 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 SCANDION ONC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SCANDION ONC DK 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 SCANDION ONC 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 SCANDION ONC position
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Other Information on Investing in SCANDION Stock
To fully project SCANDION ONC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SCANDION ONC DK 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 SCANDION ONC's income statement, its balance sheet, and the statement of cash flows.