Aviva PLC Cash And Equivalents vs. Return On Equity
| AVVIYDelisted Stock | USD 10.40 0.07 0.68% |
For Aviva PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aviva PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aviva PLC ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aviva PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aviva PLC ADR over time as well as its relative position and ranking within its peers.
Aviva |
Aviva PLC ADR Return On Equity vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aviva PLC's current stock value. Our valuation model uses many indicators to compare Aviva PLC value to that of its competitors to determine the firm's financial worth. Aviva PLC ADR is number one stock in cash and equivalents category among its peers. It is rated fifth in return on equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aviva PLC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aviva PLC's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Aviva Return On Equity vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aviva PLC |
| = | 13.74 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Aviva PLC |
| = | -0.0247 |
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.
Aviva Return On Equity Comparison
Aviva PLC is currently under evaluation in return on equity category among its peers.
Aviva PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aviva PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aviva PLC will eventually generate negative long term returns. The profitability progress is the general direction of Aviva PLC's change in net profit over the period of time. It can combine multiple indicators of Aviva PLC, 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.
Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. Aviva plc was founded in 1696 and is headquartered in London, the United Kingdom. Aviva Plc operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 22062 people.
Aviva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aviva PLC. 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 Aviva PLC 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 Aviva PLC's important profitability drivers and their relationship over time.
Use Aviva PLC 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 Aviva PLC 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 Aviva PLC will appreciate offsetting losses from the drop in the long position's value.Aviva PLC Pair Trading
Aviva PLC ADR Pair Trading Analysis
The ability to find closely correlated positions to Aviva PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aviva PLC 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 Aviva PLC - 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 Aviva PLC ADR to buy it.
The correlation of Aviva PLC 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 Aviva PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aviva PLC ADR 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 Aviva PLC 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 Aviva PLC position
In addition to having Aviva PLC 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 Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 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 Military Industrial Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Aviva Pink Sheet
If you are still planning to invest in Aviva PLC ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aviva PLC's history and understand the potential risks before investing.
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