TIGR Return On Equity from 2010 to 2024
| TIGR Stock | USD 5.90 0.11 1.90% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.06659529 | Current Value 0.0699 | Quarterly Volatility 0.33814148 |
Check Up Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Up Fintech's main balance sheet or income statement drivers, such as Interest Expense of 49.3 M, Selling General Administrative of 55.3 M or Total Revenue of 286.1 M, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0 or PTB Ratio of 1.49. TIGR financial statements analysis is a perfect complement when working with Up Fintech Valuation or Volatility modules.
TIGR | Return On Equity |
Latest Up Fintech's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Up Fintech Holding over the last few years. Return on Equity is the amount of Up Fintech Holding net income returned as a percentage of Up Fintech equity. Return on equity measures Up Fintech profitability by revealing how much profit Up Fintech Holding 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. Up Fintech's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Up Fintech's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0609 | 10 Years Trend |
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Return On Equity |
| Timeline |
TIGR Return On Equity Regression Statistics
| Arithmetic Mean | (0.22) | |
| Geometric Mean | 0.17 | |
| Coefficient Of Variation | (150.59) | |
| Mean Deviation | 0.30 | |
| Median | (0.44) | |
| Standard Deviation | 0.34 | |
| Sample Variance | 0.11 | |
| Range | 1.0258 | |
| R-Value | 0.72 | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | 0.05 | |
| Total Sum of Squares | 1.60 |
TIGR Return On Equity History
About Up Fintech Financial Statements
Up Fintech shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Up Fintech investors may analyze each financial statement separately, they are all interrelated. The changes in Up Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Up Fintech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.07 | 0.07 |
Pair Trading with Up Fintech
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 Up Fintech 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 Up Fintech will appreciate offsetting losses from the drop in the long position's value.Moving against TIGR Stock
The ability to find closely correlated positions to Up Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Up Fintech 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 Up Fintech - 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 Up Fintech Holding to buy it.
The correlation of Up Fintech 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 Up Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Up Fintech Holding 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 Up Fintech 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.Additional Tools for TIGR Stock Analysis
When running Up Fintech's price analysis, check to measure Up Fintech'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 Up Fintech is operating at the current time. Most of Up Fintech's value examination focuses on studying past and present price action to predict the probability of Up Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Up Fintech's price. Additionally, you may evaluate how the addition of Up Fintech to your portfolios can decrease your overall portfolio volatility.