BBS Bioactive Return On Asset vs. EBITDA
| BONEH Stock | EUR 0.07 0 1.47% |
For BBS Bioactive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BBS Bioactive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BBS Bioactive Bone Substitutes utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BBS Bioactive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BBS Bioactive Bone Substitutes over time as well as its relative position and ranking within its peers.
BBS |
BBS Bioactive Bone EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BBS Bioactive's current stock value. Our valuation model uses many indicators to compare BBS Bioactive value to that of its competitors to determine the firm's financial worth. BBS Bioactive Bone Substitutes is number one stock in return on asset category among its peers. It also is number one stock in ebitda category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value BBS Bioactive by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BBS Bioactive's Stock. 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.BBS EBITDA 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.
BBS Bioactive |
| = | -0.15 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
BBS Bioactive |
| = | (2.34 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
BBS EBITDA Comparison
BBS Bioactive is currently under evaluation in ebitda category among its peers.
BBS Bioactive Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BBS Bioactive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BBS Bioactive will eventually generate negative long term returns. The profitability progress is the general direction of BBS Bioactive's change in net profit over the period of time. It can combine multiple indicators of BBS Bioactive, 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.
BBS-Bioactive Bone Substitutes Oyj, a biomedical technology company, develops, designs, manufactures, and sells bioactive medical devices and implants for orthopedic surgery in Finland. The company was founded in 2003 and is headquartered in Oulu, Finland. BBS Bioactive is traded on Helsinki Exchange in Finland.
BBS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BBS Bioactive. 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 BBS Bioactive 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 BBS Bioactive's important profitability drivers and their relationship over time.
Use BBS Bioactive 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 BBS Bioactive 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 BBS Bioactive will appreciate offsetting losses from the drop in the long position's value.BBS Bioactive Pair Trading
BBS Bioactive Bone Substitutes Pair Trading Analysis
The ability to find closely correlated positions to BBS Bioactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BBS Bioactive 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 BBS Bioactive - 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 BBS Bioactive Bone Substitutes to buy it.
The correlation of BBS Bioactive 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 BBS Bioactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BBS Bioactive Bone 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 BBS Bioactive 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 BBS Bioactive position
In addition to having BBS Bioactive 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Other Information on Investing in BBS Stock
To fully project BBS Bioactive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BBS Bioactive Bone 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 BBS Bioactive's income statement, its balance sheet, and the statement of cash flows.