Azucar Minerals Return On Asset vs. Price To Earning
| AMZ Stock | CAD 0.03 0.01 28.57% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.5 | 0.71 |
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For Azucar Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azucar Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azucar Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azucar Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azucar Minerals over time as well as its relative position and ranking within its peers.
Azucar |
Azucar Minerals Price To Earning vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Azucar Minerals's current stock value. Our valuation model uses many indicators to compare Azucar Minerals value to that of its competitors to determine the firm's financial worth. Azucar Minerals is rated fifth in return on asset category among its peers. It is rated second in price to earning 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 Azucar Minerals' earnings, one of the primary drivers of an investment's value.Azucar Price To Earning 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.
Azucar Minerals |
| = | -1.11 |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Azucar Minerals |
| = | 6.03 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Azucar Price To Earning Comparison
Azucar Minerals is currently under evaluation in price to earning category among its peers.
Azucar Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Azucar Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Azucar Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Azucar Minerals' change in net profit over the period of time. It can combine multiple indicators of Azucar Minerals, 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 | 3.9 M | 3.2 M | |
| Operating Income | -514.8 K | -540.5 K | |
| Net Loss | -439.7 K | -461.7 K | |
| Income Before Tax | -23.2 M | -22 M | |
| Total Other Income Expense Net | -22.6 M | -21.5 M | |
| Net Loss | -496.6 K | -521.4 K | |
| Net Loss | -23.2 M | -22 M | |
| Income Tax Expense | 3.00 | 3.15 | |
| Net Interest Income | 115.2 K | 70.9 K | |
| Interest Income | 115.2 K | 70.9 K | |
| Change To Netincome | 65.4 K | 62.2 K | |
| Net Loss | (0.31) | (0.30) | |
| Income Quality | 0.01 | 0.01 |
Azucar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Azucar Minerals. 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 Azucar Minerals 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 Azucar Minerals' important profitability drivers and their relationship over time.
Use Azucar Minerals 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 Azucar Minerals 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 Azucar Minerals will appreciate offsetting losses from the drop in the long position's value.Azucar Minerals Pair Trading
Azucar Minerals Pair Trading Analysis
The ability to find closely correlated positions to Azucar Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azucar Minerals 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 Azucar Minerals - 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 Azucar Minerals to buy it.
The correlation of Azucar Minerals 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 Azucar Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azucar Minerals 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 Azucar Minerals 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 Azucar Minerals position
In addition to having Azucar Minerals 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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Additional Tools for Azucar Stock Analysis
When running Azucar Minerals' price analysis, check to measure Azucar Minerals' 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 Azucar Minerals is operating at the current time. Most of Azucar Minerals' value examination focuses on studying past and present price action to predict the probability of Azucar Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azucar Minerals' price. Additionally, you may evaluate how the addition of Azucar Minerals to your portfolios can decrease your overall portfolio volatility.