ALLIANZ SE EBITDA vs. Return On Asset
| ALVE Stock | EUR 29.00 0.40 1.36% |
For ALLIANZ SE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ALLIANZ SE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ALLIANZ SE UNSPADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ALLIANZ SE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ALLIANZ SE UNSPADR over time as well as its relative position and ranking within its peers.
ALLIANZ |
ALLIANZ SE UNSPADR Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ALLIANZ SE's current stock value. Our valuation model uses many indicators to compare ALLIANZ SE value to that of its competitors to determine the firm's financial worth. ALLIANZ SE UNSPADR is rated below average in ebitda category among its peers. It is rated below average in return on asset category among its peers . The ratio of EBITDA to Return On Asset for ALLIANZ SE UNSPADR is about 2,769,285,668,571 . 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 ALLIANZ SE's earnings, one of the primary drivers of an investment's value.ALLIANZ Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ALLIANZ SE |
| = | 3.88 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
ALLIANZ SE |
| = | 0.0014 |
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.
ALLIANZ Return On Asset Comparison
ALLIANZ SE is rated below average in return on asset category among its peers.
ALLIANZ SE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ALLIANZ SE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ALLIANZ SE will eventually generate negative long term returns. The profitability progress is the general direction of ALLIANZ SE's change in net profit over the period of time. It can combine multiple indicators of ALLIANZ SE, 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.
Allianz SE, together with its subsidiaries, provides property-casualty insurance, lifehealth insurance, and asset management products and services worldwide. Allianz SE was founded in 1890 and is headquartered in Munich, Germany. ALLIANZ SE is traded on Frankfurt Stock Exchange in Germany.
ALLIANZ Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ALLIANZ SE. 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 ALLIANZ SE 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 ALLIANZ SE's important profitability drivers and their relationship over time.
Use ALLIANZ SE 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 ALLIANZ SE 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 ALLIANZ SE will appreciate offsetting losses from the drop in the long position's value.ALLIANZ SE Pair Trading
ALLIANZ SE UNSPADR Pair Trading Analysis
The ability to find closely correlated positions to ALLIANZ SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ALLIANZ SE 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 ALLIANZ SE - 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 ALLIANZ SE UNSPADR to buy it.
The correlation of ALLIANZ SE 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 ALLIANZ SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ALLIANZ SE UNSPADR 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 ALLIANZ SE 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 ALLIANZ SE position
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Other Information on Investing in ALLIANZ Stock
To fully project ALLIANZ SE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ALLIANZ SE UNSPADR 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 ALLIANZ SE's income statement, its balance sheet, and the statement of cash flows.