Merdeka Copper Return On Equity vs. Return On Asset
| MDKA Stock | IDR 1,430 20.00 1.38% |
For Merdeka Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Merdeka Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Merdeka Copper Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Merdeka Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Merdeka Copper Gold over time as well as its relative position and ranking within its peers.
Merdeka |
Merdeka Copper Gold Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Merdeka Copper's current stock value. Our valuation model uses many indicators to compare Merdeka Copper value to that of its competitors to determine the firm's financial worth. Merdeka Copper Gold is regarded fourth in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Merdeka Copper Gold is roughly 1.60 . 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 Merdeka Copper's earnings, one of the primary drivers of an investment's value.Merdeka Return On Asset 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.
Merdeka Copper |
| = | 0.0614 |
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.
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.
Merdeka Copper |
| = | 0.0383 |
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.
Merdeka Return On Asset Comparison
Merdeka Copper is currently under evaluation in return on asset category among its peers.
Merdeka Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Merdeka Copper. 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 Merdeka Copper 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 Merdeka Copper's important profitability drivers and their relationship over time.
Use Merdeka Copper 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 Merdeka Copper 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 Merdeka Copper will appreciate offsetting losses from the drop in the long position's value.Merdeka Copper Pair Trading
Merdeka Copper Gold Pair Trading Analysis
The ability to find closely correlated positions to Merdeka Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Merdeka Copper 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 Merdeka Copper - 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 Merdeka Copper Gold to buy it.
The correlation of Merdeka Copper 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 Merdeka Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Merdeka Copper Gold 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 Merdeka Copper 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 Merdeka Copper position
In addition to having Merdeka Copper 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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Wireless
Companies providing wireless technology and communication services. The Wireless theme has 45 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 Wireless Theme or any other thematic opportunities.
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Other Information on Investing in Merdeka Stock
To fully project Merdeka Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Merdeka Copper Gold 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 Merdeka Copper's income statement, its balance sheet, and the statement of cash flows.