Awardit AB Return On Asset vs. Book Value Per Share
| AWRD Stock | SEK 130.00 1.00 0.78% |
For Awardit AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Awardit AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Awardit AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Awardit AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Awardit AB over time as well as its relative position and ranking within its peers.
Awardit |
Awardit AB Book Value Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Awardit AB's current stock value. Our valuation model uses many indicators to compare Awardit AB value to that of its competitors to determine the firm's financial worth. Awardit AB is number one stock in return on asset category among its peers. It also is number one stock in book value per share category among its peers creating about 1,225 of Book Value Per Share per Return On Asset. 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 Awardit AB's earnings, one of the primary drivers of an investment's value.Awardit Book Value Per Share 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.
Awardit AB |
| = | 0.052 |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Awardit AB |
| = | 63.71 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Awardit Book Value Per Share Comparison
Awardit AB is currently under evaluation in book value per share category among its peers.
Awardit AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Awardit AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Awardit AB will eventually generate negative long term returns. The profitability progress is the general direction of Awardit AB's change in net profit over the period of time. It can combine multiple indicators of Awardit AB, 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.
It offers customer clubs, loyalty programs, sales motivation programs, digital scoring currencies, and scorers solutions. The company was founded in 1999 and is based in Stockholm, Sweden. Awardit AB is traded on Stockholm Stock Exchange in Sweden.
Awardit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Awardit AB. 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 Awardit AB 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 Awardit AB's important profitability drivers and their relationship over time.
Use Awardit AB 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 Awardit AB 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 Awardit AB will appreciate offsetting losses from the drop in the long position's value.Awardit AB Pair Trading
Awardit AB Pair Trading Analysis
The ability to find closely correlated positions to Awardit AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Awardit AB 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 Awardit AB - 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 Awardit AB to buy it.
The correlation of Awardit AB 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 Awardit AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Awardit 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 Awardit AB 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 Awardit AB position
In addition to having Awardit AB 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?
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Additional Tools for Awardit Stock Analysis
When running Awardit AB's price analysis, check to measure Awardit AB'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 Awardit AB is operating at the current time. Most of Awardit AB's value examination focuses on studying past and present price action to predict the probability of Awardit AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Awardit AB's price. Additionally, you may evaluate how the addition of Awardit AB to your portfolios can decrease your overall portfolio volatility.