Supercomnet Technologies Return On Equity vs. Net Income
| 0001 Stock | 1.29 0.01 0.77% |
For Supercomnet Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Supercomnet Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Supercomnet Technologies Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Supercomnet Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Supercomnet Technologies Bhd over time as well as its relative position and ranking within its peers.
Supercomnet |
Supercomnet Technologies Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Supercomnet Technologies's current stock value. Our valuation model uses many indicators to compare Supercomnet Technologies value to that of its competitors to determine the firm's financial worth. Supercomnet Technologies Bhd is rated below average in return on equity category among its peers. It is rated below average in net income category among its peers making up about 2,263,806 of Net Income per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Supercomnet Technologies' earnings, one of the primary drivers of an investment's value.Supercomnet Net Income vs. Return On Equity
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.
Supercomnet Technologies |
| = | 11.14 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Supercomnet Technologies |
| = | 25.21 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Supercomnet Net Income Comparison
Supercomnet Technologies is rated below average in net income category among its peers.
Supercomnet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Supercomnet Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Supercomnet Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Supercomnet Technologies' important profitability drivers and their relationship over time.
Use Supercomnet Technologies in pair-trading
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 Supercomnet Technologies 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 Supercomnet Technologies will appreciate offsetting losses from the drop in the long position's value.Supercomnet Technologies Pair Trading
Supercomnet Technologies Bhd Pair Trading Analysis
The ability to find closely correlated positions to Supercomnet Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Supercomnet Technologies 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 Supercomnet Technologies - 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 Supercomnet Technologies Bhd to buy it.
The correlation of Supercomnet Technologies 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 Supercomnet Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Supercomnet Technologies 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 Supercomnet Technologies 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.Use Investing Themes to Complement your Supercomnet Technologies position
In addition to having Supercomnet Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Supercomnet Stock
To fully project Supercomnet Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Supercomnet Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Supercomnet Technologies' income statement, its balance sheet, and the statement of cash flows.