Vecima Financial Statements From 2010 to 2025
| VCM Stock | CAD 10.70 0.30 2.73% |
Check Vecima Networks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vecima Networks' main balance sheet or income statement drivers, such as , as well as many indicators such as . Vecima financial statements analysis is a perfect complement when working with Vecima Networks Valuation or Volatility modules.
Vecima |
Vecima Networks Company Return On Equity Analysis
Vecima Networks' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Vecima Networks Return On Equity | 0.0367 |
Most of Vecima Networks' fundamental indicators, such as Return On Equity, 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, Vecima Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Vecima Networks has a Return On Equity of 0.0367. This is 100.31% lower than that of the Communications Equipment sector and 100.73% lower than that of the Information Technology industry. The return on equity for all Canada stocks is 111.84% lower than that of the firm.
Vecima Networks Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vecima Networks's current stock value. Our valuation model uses many indicators to compare Vecima Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vecima Networks competition to find correlations between indicators driving Vecima Networks's intrinsic value. More Info.Vecima Networks is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 1.25 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Vecima Networks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vecima Networks' 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 Vecima Networks Financial Statements
Vecima Networks investors utilize fundamental indicators, such as revenue or net income, to predict how Vecima Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 0 people.
Pair Trading with Vecima Networks
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 Vecima Networks 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 Vecima Networks will appreciate offsetting losses from the drop in the long position's value.Moving together with Vecima Stock
Moving against Vecima Stock
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| 0.83 | EPL | Eagle Plains Resources | PairCorr |
The ability to find closely correlated positions to Vecima Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vecima Networks 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 Vecima Networks - 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 Vecima Networks to buy it.
The correlation of Vecima Networks 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 Vecima Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vecima Networks 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 Vecima Networks 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 Vecima Stock
Vecima Networks financial ratios help investors to determine whether Vecima 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 Vecima with respect to the benefits of owning Vecima Networks security.