Envestnet Return On Equity vs. Price To Book
| ENVDelisted Stock | USD 63.14 0.00 0.00% |
For Envestnet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Envestnet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Envestnet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Envestnet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Envestnet over time as well as its relative position and ranking within its peers.
Envestnet |
Envestnet Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Envestnet's current stock value. Our valuation model uses many indicators to compare Envestnet value to that of its competitors to determine the firm's financial worth. Envestnet is rated below average in return on equity category among its peers. It is rated below average in price to book category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Envestnet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Envestnet Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Envestnet |
| = | -0.41 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Envestnet |
| = | 6.64 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.
Envestnet Price To Book Comparison
Envestnet is currently under evaluation in price to book category among its peers.
Envestnet Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Envestnet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Envestnet will eventually generate negative long term returns. The profitability progress is the general direction of Envestnet's change in net profit over the period of time. It can combine multiple indicators of Envestnet, 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.
Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. Envestnet, Inc. was founded in 1999 and is headquartered in Berwyn, Pennsylvania. Envestnet operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 4375 people.
Envestnet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Envestnet. 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 Envestnet 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 Envestnet's important profitability drivers and their relationship over time.
Use Envestnet 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 Envestnet 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 Envestnet will appreciate offsetting losses from the drop in the long position's value.Envestnet Pair Trading
Envestnet Pair Trading Analysis
The ability to find closely correlated positions to Envestnet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envestnet 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 Envestnet - 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 Envestnet to buy it.
The correlation of Envestnet 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 Envestnet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envestnet 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 Envestnet 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 Envestnet position
In addition to having Envestnet 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 Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Envestnet Stock
If you are still planning to invest in Envestnet 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 Envestnet's history and understand the potential risks before investing.
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