BIONTECH Return On Asset vs. Net Income
| B1NT34 Stock | BRL 44.53 0.49 1.09% |
For BIONTECH profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BIONTECH to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BIONTECH SE DRN utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BIONTECH's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BIONTECH SE DRN over time as well as its relative position and ranking within its peers.
BIONTECH |
BIONTECH SE DRN Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BIONTECH's current stock value. Our valuation model uses many indicators to compare BIONTECH value to that of its competitors to determine the firm's financial worth. BIONTECH SE DRN is number one stock in return on asset category among its peers. It also is number one stock in net income category among its peers making up about 24,031,053,000 of Net Income per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value BIONTECH by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BIONTECH'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.BIONTECH Net Income vs. Return On Asset
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.
BIONTECH |
| = | 0.43 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
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| = | 10.29 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
BIONTECH Net Income Comparison
BIONTECH is currently under evaluation in net income category among its peers.
BIONTECH Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BIONTECH. 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 BIONTECH 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 BIONTECH's important profitability drivers and their relationship over time.
Use BIONTECH 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 BIONTECH 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 BIONTECH will appreciate offsetting losses from the drop in the long position's value.BIONTECH Pair Trading
BIONTECH SE DRN Pair Trading Analysis
The ability to find closely correlated positions to BIONTECH could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BIONTECH 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 BIONTECH - 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 BIONTECH SE DRN to buy it.
The correlation of BIONTECH 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 BIONTECH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BIONTECH SE DRN 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 BIONTECH 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 BIONTECH position
In addition to having BIONTECH 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 Cash Cows Thematic Idea Now
Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 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 Cash Cows Theme or any other thematic opportunities.
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Other Information on Investing in BIONTECH Stock
To fully project BIONTECH's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BIONTECH SE DRN 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 BIONTECH's income statement, its balance sheet, and the statement of cash flows.