Movinn Financial Statements From 2010 to 2025
| MOVINN Stock | 3.00 0.02 0.66% |
Check Movinn AS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Movinn AS's main balance sheet or income statement drivers, such as , as well as many indicators such as . Movinn financial statements analysis is a perfect complement when working with Movinn AS Valuation or Volatility modules.
Movinn |
Movinn AS Company Return On Asset Analysis
Movinn AS's 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.
Current Movinn AS Return On Asset | -0.0025 |
Most of Movinn AS's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Movinn AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Movinn AS has a Return On Asset of -0.0025. This is much lower than that of the sector and significantly lower than that of the Real Estate Services industry. The return on asset for all Denmark stocks is notably higher than that of the company.
Movinn AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Movinn AS's current stock value. Our valuation model uses many indicators to compare Movinn AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Movinn AS competition to find correlations between indicators driving Movinn AS's intrinsic value. More Info.Movinn AS is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Movinn AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Movinn AS'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.About Movinn AS Financial Statements
Movinn AS stakeholders use historical fundamental indicators, such as Movinn AS's revenue or net income, to determine how well the company is positioned to perform in the future. Although Movinn AS investors may analyze each financial statement separately, they are all interrelated. For example, changes in Movinn AS's assets and liabilities are reflected in the revenues and expenses on Movinn AS's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Movinn AS. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Movinn AS
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 Movinn AS 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 Movinn AS will appreciate offsetting losses from the drop in the long position's value.Moving together with Movinn Stock
Moving against Movinn Stock
| 0.9 | KBHL | Copenhagen Airports | PairCorr |
| 0.76 | EGNETY | EgnsINVEST Ejendomme | PairCorr |
| 0.76 | DANT | Dantax | PairCorr |
| 0.68 | CHEMM | ChemoMetec AS | PairCorr |
| 0.59 | KLEE-B | Brd Klee AS | PairCorr |
The ability to find closely correlated positions to Movinn AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Movinn AS 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 Movinn AS - 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 Movinn AS to buy it.
The correlation of Movinn AS 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 Movinn AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Movinn AS 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 Movinn AS 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.Other Information on Investing in Movinn Stock
Movinn AS financial ratios help investors to determine whether Movinn Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Movinn with respect to the benefits of owning Movinn AS security.