Iteris Price To Earning vs. Return On Equity
| ITIDelisted Stock | USD 266.49 30.99 13.16% |
For Iteris profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Iteris to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Iteris Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Iteris's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Iteris Inc over time as well as its relative position and ranking within its peers.
Iteris |
Iteris Inc Return On Equity vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Iteris's current stock value. Our valuation model uses many indicators to compare Iteris value to that of its competitors to determine the firm's financial worth. Iteris Inc is rated below average in price to earning category among its peers. It is rated below average in return on equity category among its peers . The ratio of Price To Earning to Return On Equity for Iteris Inc is about 562.14 . 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 Iteris' earnings, one of the primary drivers of an investment's value.Iteris Return On Equity vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Iteris |
| = | 11.58 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Iteris |
| = | 0.0206 |
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.
Iteris Return On Equity Comparison
Iteris is currently under evaluation in return on equity category among its peers.
Iteris Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Iteris, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Iteris will eventually generate negative long term returns. The profitability progress is the general direction of Iteris' change in net profit over the period of time. It can combine multiple indicators of Iteris, 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.
Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company was founded in 1969 and is headquartered in Austin, Texas. Iteris operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 428 people.
Iteris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Iteris. 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 Iteris 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 Iteris' important profitability drivers and their relationship over time.
Use Iteris 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 Iteris 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 Iteris will appreciate offsetting losses from the drop in the long position's value.Iteris Pair Trading
Iteris Inc Pair Trading Analysis
The ability to find closely correlated positions to Iteris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iteris 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 Iteris - 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 Iteris Inc to buy it.
The correlation of Iteris 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 Iteris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iteris Inc 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 Iteris 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 Iteris position
In addition to having Iteris 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 estimate. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Iteris Stock
If you are still planning to invest in Iteris Inc 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 Iteris' history and understand the potential risks before investing.
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