CAG Group Return On Equity vs. Net Income
| CAG Stock | 111.00 0.50 0.45% |
For CAG Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CAG Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CAG Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CAG Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CAG Group AB over time as well as its relative position and ranking within its peers.
CAG |
CAG Group AB Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CAG Group's current stock value. Our valuation model uses many indicators to compare CAG Group value to that of its competitors to determine the firm's financial worth. CAG Group AB is rated below average in return on equity category among its peers. It is rated fourth in net income category among its peers making up about 175,638,051 of Net Income per Return On Equity. 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 CAG Group's earnings, one of the primary drivers of an investment's value.CAG Net Income 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.
CAG Group |
| = | 0.17 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
CAG Group |
| = | 30.28 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CAG Net Income Comparison
CAG Group is currently under evaluation in net income category among its peers.
CAG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CAG Group. 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 CAG Group 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 CAG Group's important profitability drivers and their relationship over time.
Use CAG Group 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 CAG Group 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 CAG Group will appreciate offsetting losses from the drop in the long position's value.CAG Group Pair Trading
CAG Group AB Pair Trading Analysis
The ability to find closely correlated positions to CAG Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CAG Group 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 CAG Group - 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 CAG Group AB to buy it.
The correlation of CAG Group 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 CAG Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAG Group 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 CAG Group 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 CAG Group position
In addition to having CAG Group 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 Target Risk ETFs Thematic Idea Now
Target Risk ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Risk ETFs theme has 32 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 Target Risk ETFs Theme or any other thematic opportunities.
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Additional Tools for CAG Stock Analysis
When running CAG Group's price analysis, check to measure CAG Group'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 CAG Group is operating at the current time. Most of CAG Group's value examination focuses on studying past and present price action to predict the probability of CAG Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAG Group's price. Additionally, you may evaluate how the addition of CAG Group to your portfolios can decrease your overall portfolio volatility.