Secoo Holding Stock Return On Asset
| SECODelisted Stock | USD 0.83 0.01 1.22% |
Secoo Holding fundamentals help investors to digest information that contributes to Secoo Holding's financial success or failures. It also enables traders to predict the movement of Secoo Stock. The fundamental analysis module provides a way to measure Secoo Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Secoo Holding stock.
Secoo |
Secoo Holding Company Return On Asset Analysis
Secoo Holding'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 Secoo Holding Return On Asset | -0.2 |
Most of Secoo Holding'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, Secoo Holding 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.
CompetitionBased on the latest financial disclosure, Secoo Holding has a Return On Asset of -0.1979. This is 118.16% lower than that of the Broadline Retail sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 41.36% higher than that of the company.
Secoo Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Secoo Holding's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Secoo Holding could also be used in its relative valuation, which is a method of valuing Secoo Holding by comparing valuation metrics of similar companies.Secoo Holding is currently under evaluation in return on asset category among its peers.
Secoo Fundamentals
| Return On Equity | -0.84 | |||
| Return On Asset | -0.2 | |||
| Profit Margin | (0.48) % | |||
| Operating Margin | (0.66) % | |||
| Current Valuation | 1.43 B | |||
| Shares Outstanding | 7.07 M | |||
| Shares Owned By Institutions | 10.55 % | |||
| Number Of Shares Shorted | 47.56 K | |||
| Price To Earning | 4.11 X | |||
| Price To Book | 0.02 X | |||
| Price To Sales | 0.0009 X | |||
| Revenue | 872.14 M | |||
| Gross Profit | 118.16 M | |||
| EBITDA | 8.71 M | |||
| Net Income | (10.48 M) | |||
| Cash And Equivalents | 218.75 M | |||
| Cash Per Share | 3.10 X | |||
| Total Debt | 218.65 M | |||
| Debt To Equity | 0.79 % | |||
| Current Ratio | 3.09 X | |||
| Book Value Per Share | 127.52 X | |||
| Cash Flow From Operations | (130.67 M) | |||
| Short Ratio | 0.53 X | |||
| Earnings Per Share | (26.20) X | |||
| Target Price | 8.79 | |||
| Number Of Employees | 509 | |||
| Beta | -0.054 | |||
| Market Capitalization | 2.86 M | |||
| Total Asset | 816.91 M | |||
| Retained Earnings | (184.48 M) | |||
| Working Capital | 2.79 B | |||
| Current Asset | 945.31 M | |||
| Current Liabilities | 739.42 M | |||
| Net Asset | 816.91 M |
About Secoo Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Secoo Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Secoo Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Secoo Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Secoo Holding
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 Secoo Holding 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 Secoo Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Secoo Stock
| 0.47 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.38 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.35 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Secoo Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Secoo Holding 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 Secoo Holding - 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 Secoo Holding to buy it.
The correlation of Secoo Holding 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 Secoo Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Secoo 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 Secoo Holding 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Secoo Stock
If you are still planning to invest in Secoo Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Secoo Holding's history and understand the potential risks before investing.
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