LuxUrban Hotels Total Asset vs. Return On Asset
| LUXHP Preferred Stock | 14.96 0.39 2.54% |
For LuxUrban Hotels profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LuxUrban Hotels to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LuxUrban Hotels 1300 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LuxUrban Hotels's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LuxUrban Hotels 1300 over time as well as its relative position and ranking within its peers.
LuxUrban |
LuxUrban Hotels 1300 Return On Asset vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LuxUrban Hotels's current stock value. Our valuation model uses many indicators to compare LuxUrban Hotels value to that of its competitors to determine the firm's financial worth. LuxUrban Hotels 1300 is currently regarded as number one stock in total asset category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The ratio of Total Asset to Return On Asset for LuxUrban Hotels 1300 is about 7,847,479,834 . 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 LuxUrban Hotels' earnings, one of the primary drivers of an investment's value.LuxUrban Return On Asset vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
LuxUrban Hotels |
| = | 283.29 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
LuxUrban Hotels |
| = | 0.0361 |
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.
LuxUrban Return On Asset Comparison
LuxUrban Hotels is currently under evaluation in return on asset category among its peers.
LuxUrban Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LuxUrban Hotels. 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 LuxUrban Hotels 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 LuxUrban Hotels' important profitability drivers and their relationship over time.
Use LuxUrban Hotels 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 LuxUrban Hotels 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 LuxUrban Hotels will appreciate offsetting losses from the drop in the long position's value.LuxUrban Hotels Pair Trading
LuxUrban Hotels 1300 Pair Trading Analysis
The ability to find closely correlated positions to LuxUrban Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LuxUrban Hotels 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 LuxUrban Hotels - 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 LuxUrban Hotels 1300 to buy it.
The correlation of LuxUrban Hotels 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 LuxUrban Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LuxUrban Hotels 1300 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 LuxUrban Hotels 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 LuxUrban Hotels position
In addition to having LuxUrban Hotels 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Additional Tools for LuxUrban Preferred Stock Analysis
When running LuxUrban Hotels' price analysis, check to measure LuxUrban Hotels' 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 LuxUrban Hotels is operating at the current time. Most of LuxUrban Hotels' value examination focuses on studying past and present price action to predict the probability of LuxUrban Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LuxUrban Hotels' price. Additionally, you may evaluate how the addition of LuxUrban Hotels to your portfolios can decrease your overall portfolio volatility.