ContextVision Return On Asset vs. Cash And Equivalents

CONTX Stock  NOK 5.18  0.04  0.78%   
Considering ContextVision's profitability and operating efficiency indicators, ContextVision AB may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess ContextVision's ability to earn profits and add value for shareholders.
For ContextVision profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ContextVision to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ContextVision AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ContextVision's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ContextVision AB over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between ContextVision's value and its price as these two are different measures arrived at by different means. Investors typically determine if ContextVision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ContextVision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ContextVision AB Cash And Equivalents vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ContextVision's current stock value. Our valuation model uses many indicators to compare ContextVision value to that of its competitors to determine the firm's financial worth.
ContextVision AB is number one stock in return on asset category among its peers. It also is number one stock in cash and equivalents category among its peers creating about  91,593,848  of Cash And Equivalents per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value ContextVision by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ContextVision'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.

ContextVision Cash And Equivalents 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.

ContextVision

Return On Asset

 = 

Net Income

Total Assets

 = 
0.29
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

ContextVision

Cash

 = 

Bank Deposits

+

Liquidities

 = 
26.2 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

ContextVision Cash And Equivalents Comparison

ContextVision is currently under evaluation in cash and equivalents category among its peers.

ContextVision Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ContextVision, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ContextVision will eventually generate negative long term returns. The profitability progress is the general direction of ContextVision's change in net profit over the period of time. It can combine multiple indicators of ContextVision, 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.
ContextVision AB , a medical technology software company, provides image analysis and artificial intelligence software solutions to original equipment manufacturers in Asia, Europe, and the United States. The company was founded in 1983 and is headquartered in Stockholm, Sweden. CONTEXTVISION is traded on Oslo Stock Exchange in Norway.

ContextVision Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ContextVision. 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 ContextVision 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 ContextVision's important profitability drivers and their relationship over time.

Use ContextVision 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 ContextVision 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 ContextVision will appreciate offsetting losses from the drop in the long position's value.

ContextVision Pair Trading

ContextVision AB Pair Trading Analysis

The ability to find closely correlated positions to ContextVision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ContextVision 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 ContextVision - 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 ContextVision AB to buy it.
The correlation of ContextVision 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 ContextVision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ContextVision AB 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 ContextVision 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your ContextVision position

In addition to having ContextVision 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.

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Run Currency Funds Thematic Idea Now

Currency Funds
Currency Funds Theme
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 39 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 Currency Funds Theme or any other thematic opportunities.
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Other Information on Investing in ContextVision Stock

To fully project ContextVision's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ContextVision AB 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 ContextVision's income statement, its balance sheet, and the statement of cash flows.
Potential ContextVision investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ContextVision investors may work on each financial statement separately, they are all related. The changes in ContextVision's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ContextVision's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.