DCVY34 Return On Asset vs. Debt To Equity
| DCVY34 Stock | BRL 64.16 0.87 1.34% |
For DCVY34 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DCVY34 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DCVY34 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DCVY34's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DCVY34 over time as well as its relative position and ranking within its peers.
DCVY34 |
DCVY34 Debt To Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DCVY34's current stock value. Our valuation model uses many indicators to compare DCVY34 value to that of its competitors to determine the firm's financial worth. DCVY34 is rated # 2 in return on asset category among its peers. It is rated # 3 in debt to equity category among its peers fabricating about 0.27 of Debt To Equity per Return On Asset. The ratio of Return On Asset to Debt To Equity for DCVY34 is roughly 3.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value DCVY34 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DCVY34'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.DCVY34 Debt To Equity 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.
DCVY34 |
| = | 4.49 |
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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
DCVY34 |
| = | 1.19 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
DCVY34 Debt To Equity Comparison
DCVY34 is rated # 2 in debt to equity category among its peers.
DCVY34 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DCVY34, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DCVY34 will eventually generate negative long term returns. The profitability progress is the general direction of DCVY34's change in net profit over the period of time. It can combine multiple indicators of DCVY34, 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.
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. The company was founded in 1985 and is headquartered in Silver Spring, Maryland. DISCOVERY INDRN operates under Entertainment classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 9800 people.
DCVY34 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DCVY34. 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 DCVY34 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 DCVY34's important profitability drivers and their relationship over time.
Use DCVY34 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 DCVY34 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 DCVY34 will appreciate offsetting losses from the drop in the long position's value.DCVY34 Pair Trading
DCVY34 Pair Trading Analysis
The ability to find closely correlated positions to DCVY34 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DCVY34 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 DCVY34 - 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 DCVY34 to buy it.
The correlation of DCVY34 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 DCVY34 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DCVY34 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 DCVY34 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 DCVY34 position
In addition to having DCVY34 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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Other Information on Investing in DCVY34 Stock
To fully project DCVY34's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DCVY34 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 DCVY34's income statement, its balance sheet, and the statement of cash flows.