Grand River Return On Equity vs. Revenue
| GNRV Stock | USD 2.95 0.10 3.28% |
For Grand River profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grand River to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grand River Commerce utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grand River's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grand River Commerce over time as well as its relative position and ranking within its peers.
Grand |
Grand River Commerce Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grand River's current stock value. Our valuation model uses many indicators to compare Grand River value to that of its competitors to determine the firm's financial worth. Grand River Commerce is rated below average in return on equity category among its peers. It is rated # 4 in revenue 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 Grand River's earnings, one of the primary drivers of an investment's value.Grand Revenue 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.
Grand River |
| = | -0.0015 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Grand River |
| = | 16.74 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Grand Revenue vs Competition
Grand River Commerce is rated # 4 in revenue category among its peers. Market size based on revenue of Banks—Regional industry is currently estimated at about 415.88 Million. Grand River holds roughly 16.74 Million in revenue claiming about 4% of stocks in Banks—Regional industry.
Grand River Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grand River, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grand River will eventually generate negative long term returns. The profitability progress is the general direction of Grand River's change in net profit over the period of time. It can combine multiple indicators of Grand River, 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.
Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank that provides various commercial and consumer banking products and services to businesses, professionals, and residents. Grand River Commerce, Inc. was incorporated in 2006 and is based in Grandville, Michigan. Grand River operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Grand Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grand River. 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 Grand River 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 Grand River's important profitability drivers and their relationship over time.
Use Grand River 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 Grand River 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 Grand River will appreciate offsetting losses from the drop in the long position's value.Grand River Pair Trading
Grand River Commerce Pair Trading Analysis
The ability to find closely correlated positions to Grand River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grand River 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 Grand River - 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 Grand River Commerce to buy it.
The correlation of Grand River 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 Grand River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grand River Commerce 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 Grand River 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 Grand River position
In addition to having Grand River 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 Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Additional Tools for Grand OTC Stock Analysis
When running Grand River's price analysis, check to measure Grand River'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 Grand River is operating at the current time. Most of Grand River's value examination focuses on studying past and present price action to predict the probability of Grand River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand River's price. Additionally, you may evaluate how the addition of Grand River to your portfolios can decrease your overall portfolio volatility.