37 Interactive Return On Equity vs. Price To Sales
002555 Stock | 16.70 0.13 0.77% |
For 37 Interactive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 37 Interactive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 37 Interactive Entertainment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 37 Interactive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 37 Interactive Entertainment over time as well as its relative position and ranking within its peers.
002555 |
37 Interactive Enter Price To Sales vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 37 Interactive's current stock value. Our valuation model uses many indicators to compare 37 Interactive value to that of its competitors to determine the firm's financial worth. 37 Interactive Entertainment is number one stock in return on equity category among its peers. It also is number one stock in price to sales category among its peers fabricating about 10.67 of Price To Sales per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value 37 Interactive by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 37 Interactive'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.002555 Price To Sales 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.
37 Interactive |
| = | 0.19 |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
37 Interactive |
| = | 2.00 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
002555 Price To Sales Comparison
37 Interactive is currently under evaluation in price to sales category among its peers.
37 Interactive Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 37 Interactive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 37 Interactive will eventually generate negative long term returns. The profitability progress is the general direction of 37 Interactive's change in net profit over the period of time. It can combine multiple indicators of 37 Interactive, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Operating Income | 2.8 B | 1.5 B | |
Income Before Tax | 3 B | 3.2 B | |
Net Income Applicable To Common Shares | 3.4 B | 3.6 B | |
Net Income | 2.7 B | 2.8 B | |
Income Tax Expense | 450.5 M | 473.1 M | |
Net Income From Continuing Ops | 2.6 B | 2.3 B | |
Total Other Income Expense Net | 21.6 M | 32.4 M | |
Net Interest Income | 234.7 M | 246.4 M | |
Interest Income | 306 M | 321.3 M | |
Change To Netincome | 36.1 M | 34.3 M |
002555 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 37 Interactive. 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 37 Interactive 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 37 Interactive's important profitability drivers and their relationship over time.
Use 37 Interactive 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 37 Interactive 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 37 Interactive will appreciate offsetting losses from the drop in the long position's value.37 Interactive Pair Trading
37 Interactive Entertainment Pair Trading Analysis
The ability to find closely correlated positions to 37 Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 37 Interactive 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 37 Interactive - 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 37 Interactive Entertainment to buy it.
The correlation of 37 Interactive 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 37 Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 37 Interactive Enter 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 37 Interactive 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 37 Interactive position
In addition to having 37 Interactive 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?
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Other Information on Investing in 002555 Stock
To fully project 37 Interactive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 37 Interactive Enter 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 37 Interactive's income statement, its balance sheet, and the statement of cash flows.