Dometic Group Return On Asset vs. Cash And Equivalents
| DOM Stock | SEK 53.90 0.15 0.28% |
For Dometic Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dometic Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dometic Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dometic Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dometic Group AB over time as well as its relative position and ranking within its peers.
Dometic |
Dometic Group AB Cash And Equivalents vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dometic Group's current stock value. Our valuation model uses many indicators to compare Dometic Group value to that of its competitors to determine the firm's financial worth. Dometic Group AB is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in cash and equivalents category among its peers creating about 116,306,068,602 of Cash And Equivalents per Return On Asset. 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 Dometic Group's earnings, one of the primary drivers of an investment's value.Dometic 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.
Dometic Group |
| = | 0.0379 |
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.
Dometic Group |
| = | 4.41 B |
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).
Dometic Cash And Equivalents Comparison
Dometic Group is currently under evaluation in cash and equivalents category among its peers.
Dometic Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dometic Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dometic Group will eventually generate negative long term returns. The profitability progress is the general direction of Dometic Group's change in net profit over the period of time. It can combine multiple indicators of Dometic Group, 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.
Dometic Group AB , together with its subsidiaries, provides solutions for mobile living in the areas of food and beverage, climate, power and control, safety and security, and hygiene and sanitation in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1922 and is headquartered in Solna, Sweden. Dometic Group operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 8000 people.
Dometic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dometic Group. 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 Dometic Group 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 Dometic Group's important profitability drivers and their relationship over time.
Use Dometic Group 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 Dometic Group 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 Dometic Group will appreciate offsetting losses from the drop in the long position's value.Dometic Group Pair Trading
Dometic Group AB Pair Trading Analysis
The ability to find closely correlated positions to Dometic Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dometic Group 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 Dometic Group - 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 Dometic Group AB to buy it.
The correlation of Dometic Group 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 Dometic Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dometic Group 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 Dometic Group 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 Dometic Group position
In addition to having Dometic Group 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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Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 constituents at this time.
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Additional Tools for Dometic Stock Analysis
When running Dometic Group's price analysis, check to measure Dometic Group'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 Dometic Group is operating at the current time. Most of Dometic Group's value examination focuses on studying past and present price action to predict the probability of Dometic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dometic Group's price. Additionally, you may evaluate how the addition of Dometic Group to your portfolios can decrease your overall portfolio volatility.