Aldeyra Return On Equity from 2010 to 2024

ALDX Stock  USD 4.94  0.14  2.92%   
Aldeyra Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Aldeyra in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.31)
Current Value
(0.30)
Quarterly Volatility
2.25999042
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aldeyra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aldeyra's main balance sheet or income statement drivers, such as Depreciation And Amortization of 275.9 K, Interest Expense of 2.2 M or Selling General Administrative of 8.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.62. Aldeyra financial statements analysis is a perfect complement when working with Aldeyra Valuation or Volatility modules.
  
Check out the analysis of Aldeyra Correlation against competitors.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.

Latest Aldeyra's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Aldeyra over the last few years. Return on Equity is the amount of Aldeyra net income returned as a percentage of Aldeyra equity. Return on equity measures Aldeyra profitability by revealing how much profit Aldeyra generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Aldeyra's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aldeyra's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.4310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Aldeyra Return On Equity Regression Statistics

Arithmetic Mean0.31
Coefficient Of Variation729.01
Mean Deviation1.31
Median(0.41)
Standard Deviation2.26
Sample Variance5.11
Range9.3528
R-Value(0.41)
Mean Square Error4.58
R-Squared0.17
Significance0.13
Slope(0.21)
Total Sum of Squares71.51

Aldeyra Return On Equity History

2024 -0.3
2023 -0.31
2022 -0.41
2021 -0.29
2020 -0.63
2019 -1.27
2018 -0.45

About Aldeyra Financial Statements

Aldeyra investors use historical fundamental indicators, such as Aldeyra's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Aldeyra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.31)(0.30)

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Additional Tools for Aldeyra Stock Analysis

When running Aldeyra's price analysis, check to measure Aldeyra'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 Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.