Armada Berjaya Current Valuation vs. Return On Asset
| JAYA Stock | 94.00 1.00 1.05% |
For Armada Berjaya profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Armada Berjaya to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Armada Berjaya Trans utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Armada Berjaya's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Armada Berjaya Trans over time as well as its relative position and ranking within its peers.
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Armada Berjaya Trans Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Armada Berjaya's current stock value. Our valuation model uses many indicators to compare Armada Berjaya value to that of its competitors to determine the firm's financial worth. Armada Berjaya Trans is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Armada Berjaya Trans is about 1,625,246,233,865 . 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 Armada Berjaya's earnings, one of the primary drivers of an investment's value.Armada Current Valuation vs. Competition
Armada Berjaya Trans is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Trucking industry is currently estimated at about 3.49 Trillion. Armada Berjaya holds roughly 79.47 Billion in current valuation claiming about 2.27% of equities listed under Trucking industry.
Armada Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Armada Berjaya |
| = | 79.47 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Armada Berjaya |
| = | 0.0489 |
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.
Armada Return On Asset Comparison
Armada Berjaya is currently under evaluation in return on asset category among its peers.
Armada Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Armada Berjaya. 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 Armada Berjaya 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 Armada Berjaya's important profitability drivers and their relationship over time.
Use Armada Berjaya 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 Armada Berjaya 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 Armada Berjaya will appreciate offsetting losses from the drop in the long position's value.Armada Berjaya Pair Trading
Armada Berjaya Trans Pair Trading Analysis
The ability to find closely correlated positions to Armada Berjaya could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armada Berjaya 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 Armada Berjaya - 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 Armada Berjaya Trans to buy it.
The correlation of Armada Berjaya 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 Armada Berjaya moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armada Berjaya Trans 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 Armada Berjaya 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 Armada Berjaya position
In addition to having Armada Berjaya 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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Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 71 constituents at this time.
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Other Information on Investing in Armada Stock
To fully project Armada Berjaya's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Armada Berjaya Trans 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 Armada Berjaya's income statement, its balance sheet, and the statement of cash flows.