Delta Lithium Price To Book vs. Return On Asset
| DLI Stock | 0.17 0.01 5.56% |
For Delta Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Delta Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Delta Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Delta Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Delta Lithium over time as well as its relative position and ranking within its peers.
Delta |
Delta Lithium Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Delta Lithium's current stock value. Our valuation model uses many indicators to compare Delta Lithium value to that of its competitors to determine the firm's financial worth. Delta Lithium is rated # 3 in price to book category among its peers. It is one of the top stocks 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 Delta Lithium's earnings, one of the primary drivers of an investment's value.Delta 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.
Delta Lithium |
| = | 0.53 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.
Delta Lithium |
| = | -0.0455 |
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.
Delta Return On Asset Comparison
Delta Lithium is currently under evaluation in return on asset category among its peers.
Delta Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Delta Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Delta Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Delta Lithium's change in net profit over the period of time. It can combine multiple indicators of Delta Lithium, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 7 M | 7.3 M | |
| Operating Income | -16.5 M | -15.7 M | |
| Income Before Tax | -13.2 M | -12.5 M | |
| Total Other Income Expense Net | 3.4 M | 3.5 M | |
| Net Loss | -12.5 M | -11.9 M | |
| Income Tax Expense | -668.9 K | -635.5 K | |
| Net Interest Income | 11.3 K | 11.3 K | |
| Interest Income | 1.4 M | 1.5 M | |
| Net Loss | -7.2 M | -6.9 M | |
| Net Loss | -7.7 M | -7.3 M |
Delta Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Delta Lithium. 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 Delta Lithium 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 Delta Lithium's important profitability drivers and their relationship over time.
Use Delta Lithium 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 Delta Lithium 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 Delta Lithium will appreciate offsetting losses from the drop in the long position's value.Delta Lithium Pair Trading
Delta Lithium Pair Trading Analysis
The ability to find closely correlated positions to Delta Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Lithium 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 Delta Lithium - 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 Delta Lithium to buy it.
The correlation of Delta Lithium 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 Delta Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Lithium 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 Delta Lithium 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 Delta Lithium position
In addition to having Delta Lithium 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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Corona Opportunity
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 constituents at this time.
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Additional Tools for Delta Stock Analysis
When running Delta Lithium's price analysis, check to measure Delta Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Lithium is operating at the current time. Most of Delta Lithium's value examination focuses on studying past and present price action to predict the probability of Delta Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Lithium's price. Additionally, you may evaluate how the addition of Delta Lithium to your portfolios can decrease your overall portfolio volatility.