Asuransi Kresna Return On Equity vs. Return On Asset
| ASMI Stock | IDR 11.00 0.00 0.00% |
For Asuransi Kresna profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asuransi Kresna to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asuransi Kresna Mitra utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asuransi Kresna's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asuransi Kresna Mitra over time as well as its relative position and ranking within its peers.
Asuransi |
Asuransi Kresna Mitra Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asuransi Kresna's current stock value. Our valuation model uses many indicators to compare Asuransi Kresna value to that of its competitors to determine the firm's financial worth. Asuransi Kresna Mitra is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . 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 Asuransi Kresna's earnings, one of the primary drivers of an investment's value.Asuransi Return On Asset 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.
Asuransi Kresna |
| = | -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.
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.
Asuransi Kresna |
| = | -0.0551 |
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.
Asuransi Return On Asset Comparison
Asuransi Kresna is currently under evaluation in return on asset category among its peers.
Asuransi Kresna Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Asuransi Kresna, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Asuransi Kresna will eventually generate negative long term returns. The profitability progress is the general direction of Asuransi Kresna's change in net profit over the period of time. It can combine multiple indicators of Asuransi Kresna, 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.
PT Asuransi Kresna Mitra Tbk engages in general insurance and reinsurance business in Indonesia. PT Asuransi Kresna Mitra Tbk is a subsidiary of PT Mega Inti Supra. Asuransi Kresna operates under Insurance - Diversified classification in Indonesia and is traded on Jakarta Stock Exchange.
Asuransi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asuransi Kresna. 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 Asuransi Kresna 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 Asuransi Kresna's important profitability drivers and their relationship over time.
Use Asuransi Kresna 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 Asuransi Kresna 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 Asuransi Kresna will appreciate offsetting losses from the drop in the long position's value.Asuransi Kresna Pair Trading
Asuransi Kresna Mitra Pair Trading Analysis
The ability to find closely correlated positions to Asuransi Kresna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Kresna 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 Asuransi Kresna - 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 Asuransi Kresna Mitra to buy it.
The correlation of Asuransi Kresna 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 Asuransi Kresna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Kresna Mitra 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 Asuransi Kresna 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 Asuransi Kresna position
In addition to having Asuransi Kresna 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Other Information on Investing in Asuransi Stock
To fully project Asuransi Kresna's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Asuransi Kresna Mitra 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 Asuransi Kresna's income statement, its balance sheet, and the statement of cash flows.