Sendas Distribuidora Shares Outstanding vs. Return On Asset
| ASAIDelisted Stock | USD 4.60 0.09 2.00% |
For Sendas Distribuidora profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sendas Distribuidora to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sendas Distribuidora SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sendas Distribuidora's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sendas Distribuidora SA over time as well as its relative position and ranking within its peers.
Sendas |
Sendas Distribuidora Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sendas Distribuidora's current stock value. Our valuation model uses many indicators to compare Sendas Distribuidora value to that of its competitors to determine the firm's financial worth. Sendas Distribuidora SA is number one stock in shares outstanding category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Sendas Distribuidora SA is about 5,069,229,474 . 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 Sendas Distribuidora's earnings, one of the primary drivers of an investment's value.Sendas Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Sendas Distribuidora |
| = | 269.68 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Sendas Distribuidora |
| = | 0.0532 |
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.
Sendas Return On Asset Comparison
Sendas Distribuidora is currently under evaluation in return on asset category among its peers.
Sendas Distribuidora Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sendas Distribuidora, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sendas Distribuidora will eventually generate negative long term returns. The profitability progress is the general direction of Sendas Distribuidora's change in net profit over the period of time. It can combine multiple indicators of Sendas Distribuidora, 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.
Sendas Distribuidora S.A. engages in the retail and wholesale sale of food products, bazaar items, and other products in Brazil. Sendas Distribuidora S.A. was founded in 1974 and is headquartered in Rio de Janeiro, Brazil. Sendas Distribuidora operates under Grocery Stores classification in the United States and is traded on New York Stock Exchange. It employs 60000 people.
Sendas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sendas Distribuidora. 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 Sendas Distribuidora 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 Sendas Distribuidora's important profitability drivers and their relationship over time.
Use Sendas Distribuidora 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 Sendas Distribuidora 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 Sendas Distribuidora will appreciate offsetting losses from the drop in the long position's value.Sendas Distribuidora Pair Trading
Sendas Distribuidora SA Pair Trading Analysis
The ability to find closely correlated positions to Sendas Distribuidora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sendas Distribuidora 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 Sendas Distribuidora - 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 Sendas Distribuidora SA to buy it.
The correlation of Sendas Distribuidora 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 Sendas Distribuidora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sendas Distribuidora 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 Sendas Distribuidora 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 Sendas Distribuidora position
In addition to having Sendas Distribuidora 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 44 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 Tips ETFs Theme or any other thematic opportunities.
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Check out Trending Equities 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 nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Sendas Stock
If you are still planning to invest in Sendas Distribuidora 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 Sendas Distribuidora's history and understand the potential risks before investing.
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