Axa SA Price To Book vs. Return On Asset
| AXAHYDelisted Stock | USD 30.88 0.02 0.06% |
For Axa SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Axa SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Axa SA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Axa SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Axa SA ADR over time as well as its relative position and ranking within its peers.
Axa |
Axa SA ADR Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Axa SA's current stock value. Our valuation model uses many indicators to compare Axa SA value to that of its competitors to determine the firm's financial worth. Axa SA ADR is rated fifth in price to book category among its peers. It is rated below average in return on asset category among its peers reporting about 0.01 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Axa SA ADR is roughly 147.19 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Axa SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Axa SA's OTC 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.Axa Return On Asset vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Axa SA |
| = | 1.22 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Axa SA |
| = | 0.0083 |
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.
Axa Return On Asset Comparison
Axa SA is currently under evaluation in return on asset category among its peers.
Axa SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Axa SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Axa SA will eventually generate negative long term returns. The profitability progress is the general direction of Axa SA's change in net profit over the period of time. It can combine multiple indicators of Axa SA, 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.
AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company was founded in 1852 and is based in Paris, France. Axa Sa is traded on OTC Exchange in the United States.
Axa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Axa SA. 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 Axa SA 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 Axa SA's important profitability drivers and their relationship over time.
Use Axa SA 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 Axa SA 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 Axa SA will appreciate offsetting losses from the drop in the long position's value.Axa SA Pair Trading
Axa SA ADR Pair Trading Analysis
The ability to find closely correlated positions to Axa SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axa SA 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 Axa SA - 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 Axa SA ADR to buy it.
The correlation of Axa SA 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 Axa SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axa SA ADR 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 Axa SA 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 Axa SA position
In addition to having Axa SA 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 Education Thematic Idea Now
Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 46 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 Education 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in rate. Note that the Axa SA ADR information on this page should be used as a complementary analysis to other Axa SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Axa OTC Stock
If you are still planning to invest in Axa SA ADR 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 Axa SA's history and understand the potential risks before investing.
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