Optiva Return On Asset vs. Profit Margin
| RKNEF Stock | USD 2.15 2.35 52.22% |
For Optiva profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Optiva to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Optiva Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Optiva's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Optiva Inc over time as well as its relative position and ranking within its peers.
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Optiva Inc Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Optiva's current stock value. Our valuation model uses many indicators to compare Optiva value to that of its competitors to determine the firm's financial worth. Optiva Inc is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in profit margin category among its peers . 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 Optiva's earnings, one of the primary drivers of an investment's value.Optiva Profit Margin 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.
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| = | 0.0778 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | (0.02) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Optiva Profit Margin Comparison
Optiva is currently under evaluation in profit margin category among its peers.
Optiva Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Optiva, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Optiva will eventually generate negative long term returns. The profitability progress is the general direction of Optiva's change in net profit over the period of time. It can combine multiple indicators of Optiva, 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.
Optiva Inc. provides cloud-native monetization and revenue management software to communication service providers in Europe, the Middle East, Africa, North America, Latin America, the Caribbean, Asia, and the Pacific Rim. The company was founded in 1999 and is headquartered in Mississauga, Canada. OPTIVA INC operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 374 people.
Optiva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Optiva. 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 Optiva 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 Optiva's important profitability drivers and their relationship over time.
Use Optiva 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 Optiva 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 Optiva will appreciate offsetting losses from the drop in the long position's value.Optiva Pair Trading
Optiva Inc Pair Trading Analysis
The ability to find closely correlated positions to Optiva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Optiva 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 Optiva - 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 Optiva Inc to buy it.
The correlation of Optiva 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 Optiva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Optiva 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 Optiva 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 Optiva position
In addition to having Optiva 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Optiva Pink Sheet
To fully project Optiva's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Optiva Inc 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 Optiva's income statement, its balance sheet, and the statement of cash flows.