Alzinova Return On Equity vs. Gross Profit
| ALZ Stock | SEK 3.88 0.02 0.51% |
For Alzinova profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alzinova to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alzinova AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alzinova's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alzinova AB over time as well as its relative position and ranking within its peers.
Alzinova |
Alzinova AB Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alzinova's current stock value. Our valuation model uses many indicators to compare Alzinova value to that of its competitors to determine the firm's financial worth. Alzinova AB is rated third in return on equity category among its peers. It also is rated third in gross profit 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 Alzinova's earnings, one of the primary drivers of an investment's value.Alzinova Gross Profit 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.
Alzinova |
| = | -0.11 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Alzinova |
| = | 17.32 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Alzinova Gross Profit Comparison
Alzinova is currently under evaluation in gross profit category among its peers.
Alzinova Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alzinova. 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 Alzinova 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 Alzinova's important profitability drivers and their relationship over time.
Use Alzinova 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 Alzinova 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 Alzinova will appreciate offsetting losses from the drop in the long position's value.Alzinova Pair Trading
Alzinova AB Pair Trading Analysis
The ability to find closely correlated positions to Alzinova could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alzinova 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 Alzinova - 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 Alzinova AB to buy it.
The correlation of Alzinova 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 Alzinova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alzinova AB 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 Alzinova 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 Alzinova position
In addition to having Alzinova 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 223 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 Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for Alzinova Stock Analysis
When running Alzinova's price analysis, check to measure Alzinova'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 Alzinova is operating at the current time. Most of Alzinova's value examination focuses on studying past and present price action to predict the probability of Alzinova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alzinova's price. Additionally, you may evaluate how the addition of Alzinova to your portfolios can decrease your overall portfolio volatility.