Vodafone Group Price To Earning vs. Return On Asset
| VODN Stock | MXN 167.00 0.00 0.00% |
For Vodafone Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vodafone Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vodafone Group Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vodafone Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vodafone Group Plc over time as well as its relative position and ranking within its peers.
Vodafone |
Vodafone Group Plc Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vodafone Group's current stock value. Our valuation model uses many indicators to compare Vodafone Group value to that of its competitors to determine the firm's financial worth. Vodafone Group Plc is rated third in price to earning category among its peers. It is rated third in return on asset category among its peers . The ratio of Price To Earning to Return On Asset for Vodafone Group Plc is about 3,222 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vodafone Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vodafone Group'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.Vodafone Return On Asset 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.
Vodafone Group |
| = | 70.56 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 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.
Vodafone Group |
| = | 0.0219 |
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.
Vodafone Return On Asset Comparison
Vodafone Group is rated second in return on asset category among its peers.
Vodafone Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vodafone Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vodafone Group will eventually generate negative long term returns. The profitability progress is the general direction of Vodafone Group's change in net profit over the period of time. It can combine multiple indicators of Vodafone Group, 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.
Vodafone Group Public Limited Company offer mobile telecommunication services worldwide.
Vodafone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vodafone 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 Vodafone 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 Vodafone Group's important profitability drivers and their relationship over time.
Use Vodafone 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 Vodafone 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 Vodafone Group will appreciate offsetting losses from the drop in the long position's value.Vodafone Group Pair Trading
Vodafone Group Plc Pair Trading Analysis
The ability to find closely correlated positions to Vodafone 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 Vodafone 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 Vodafone 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 Vodafone Group Plc to buy it.
The correlation of Vodafone 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 Vodafone Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vodafone Group Plc 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 Vodafone 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 Vodafone Group position
In addition to having Vodafone 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 CNY Crypto Assets Thematic Idea Now
CNY Crypto Assets
An experimental p2p digital currency that is accepted by many vendors in Chinese Yuan. The CNY Crypto Assets theme has 0 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 CNY Crypto Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Vodafone Stock Analysis
When running Vodafone Group's price analysis, check to measure Vodafone 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 Vodafone Group is operating at the current time. Most of Vodafone Group's value examination focuses on studying past and present price action to predict the probability of Vodafone 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 Vodafone Group's price. Additionally, you may evaluate how the addition of Vodafone Group to your portfolios can decrease your overall portfolio volatility.