S1NP34 Return On Asset vs. Return On Equity
| S1NP34 Stock | BRL 753.91 6.59 0.87% |
For S1NP34 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of S1NP34 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well S1NP34 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between S1NP34's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of S1NP34 over time as well as its relative position and ranking within its peers.
S1NP34 |
S1NP34 Return On Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining S1NP34's current stock value. Our valuation model uses many indicators to compare S1NP34 value to that of its competitors to determine the firm's financial worth. S1NP34 is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in return on equity category among its peers reporting about 2.89 of Return On Equity per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value S1NP34 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for S1NP34'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.S1NP34 Return On Equity 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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| = | 5.96 |
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.
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.
S1NP34 |
| = | 17.2 |
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.
S1NP34 Return On Equity Comparison
S1NP34 is currently under evaluation in return on equity category among its peers.
S1NP34 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in S1NP34, profitability is also one of the essential criteria for including it into their portfolios because, without profit, S1NP34 will eventually generate negative long term returns. The profitability progress is the general direction of S1NP34's change in net profit over the period of time. It can combine multiple indicators of S1NP34, 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.
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California. SYNOPSYS INCDRN operates under SoftwareInfrastructure classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 15036 people.
S1NP34 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on S1NP34. 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 S1NP34 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 S1NP34's important profitability drivers and their relationship over time.
Use S1NP34 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 S1NP34 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 S1NP34 will appreciate offsetting losses from the drop in the long position's value.S1NP34 Pair Trading
S1NP34 Pair Trading Analysis
The ability to find closely correlated positions to S1NP34 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S1NP34 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 S1NP34 - 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 S1NP34 to buy it.
The correlation of S1NP34 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 S1NP34 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if S1NP34 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 S1NP34 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 S1NP34 position
In addition to having S1NP34 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 S1NP34 Stock
To fully project S1NP34's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of S1NP34 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 S1NP34's income statement, its balance sheet, and the statement of cash flows.