KEITHLEY INSTRUMENTS Net Income vs. Return On Asset
Based on KEITHLEY INSTRUMENTS's profitability indicators, KEITHLEY INSTRUMENTS INC may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess KEITHLEY INSTRUMENTS's ability to earn profits and add value for shareholders.
Check out Correlation Analysis 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 income.
Please note, there is a significant difference between KEITHLEY INSTRUMENTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if KEITHLEY INSTRUMENTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KEITHLEY INSTRUMENTS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For KEITHLEY INSTRUMENTS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KEITHLEY INSTRUMENTS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KEITHLEY INSTRUMENTS INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KEITHLEY INSTRUMENTS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KEITHLEY INSTRUMENTS INC over time as well as its relative position and ranking within its peers.
KEITHLEY |
KEITHLEY INSTRUMENTS INC Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KEITHLEY INSTRUMENTS's current stock value. Our valuation model uses many indicators to compare KEITHLEY INSTRUMENTS value to that of its competitors to determine the firm's financial worth. KEITHLEY INSTRUMENTS INC is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The ratio of Net Income to Return On Asset for KEITHLEY INSTRUMENTS INC is about 88,850,000 . 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 KEITHLEY INSTRUMENTS's earnings, one of the primary drivers of an investment's value.KEITHLEY Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
KEITHLEY INSTRUMENTS |
| = | 24.88 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
KEITHLEY INSTRUMENTS |
| = | 0.28 |
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.
KEITHLEY Return On Asset Comparison
KEITHLEY INSTRUMENTS is currently under evaluation in return on asset category among its peers.
KEITHLEY Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KEITHLEY INSTRUMENTS. 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 KEITHLEY INSTRUMENTS 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 KEITHLEY INSTRUMENTS's important profitability drivers and their relationship over time.
Use KEITHLEY INSTRUMENTS 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 KEITHLEY INSTRUMENTS 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 KEITHLEY INSTRUMENTS will appreciate offsetting losses from the drop in the long position's value.KEITHLEY INSTRUMENTS Pair Trading
KEITHLEY INSTRUMENTS INC Pair Trading Analysis
The ability to find closely correlated positions to ATT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATT 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 ATT - 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 ATT Inc to buy it.
The correlation of ATT 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 ATT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATT Inc 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 ATT 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 KEITHLEY INSTRUMENTS position
In addition to having KEITHLEY INSTRUMENTS 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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Check out Correlation Analysis 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 income. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in KEITHLEY Stock
If you are still planning to invest in KEITHLEY INSTRUMENTS INC 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 KEITHLEY INSTRUMENTS's history and understand the potential risks before investing.
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