Eolus Vind Return On Asset vs. Price To Sales
| EOLU-B Stock | SEK 52.00 0.80 1.56% |
For Eolus Vind profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eolus Vind to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eolus Vind AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eolus Vind's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eolus Vind AB over time as well as its relative position and ranking within its peers.
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Eolus Vind AB Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eolus Vind's current stock value. Our valuation model uses many indicators to compare Eolus Vind value to that of its competitors to determine the firm's financial worth. Eolus Vind AB is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in price to sales category among its peers fabricating about 35.85 of Price To Sales per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Eolus Vind by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eolus Vind'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.Eolus Price To Sales 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.
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| = | 0.0238 |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 0.85 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Eolus Price To Sales Comparison
Eolus Vind is currently under evaluation in price to sales category among its peers.
Eolus Vind Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eolus Vind, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eolus Vind will eventually generate negative long term returns. The profitability progress is the general direction of Eolus Vind's change in net profit over the period of time. It can combine multiple indicators of Eolus Vind, 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.
Eolus Vind AB primarily engages in the development and construction of wind power facilities in the Nordic region. Eolus Vind AB was founded in 1990 and is headquartered in Hssleholm, Sweden. Eolus Vind operates under Engineering Construction classification in Sweden and is traded on Stockholm Stock Exchange. It employs 35 people.
Eolus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eolus Vind. 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 Eolus Vind 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 Eolus Vind's important profitability drivers and their relationship over time.
Use Eolus Vind 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 Eolus Vind 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 Eolus Vind will appreciate offsetting losses from the drop in the long position's value.Eolus Vind Pair Trading
Eolus Vind AB Pair Trading Analysis
The ability to find closely correlated positions to Eolus Vind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eolus Vind 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 Eolus Vind - 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 Eolus Vind AB to buy it.
The correlation of Eolus Vind 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 Eolus Vind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eolus Vind 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 Eolus Vind 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 Eolus Vind position
In addition to having Eolus Vind 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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Other Information on Investing in Eolus Stock
To fully project Eolus Vind's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eolus Vind 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 Eolus Vind's income statement, its balance sheet, and the statement of cash flows.