SAITECH Global Return On Equity vs. Return On Asset
Taking into consideration SAITECH Global's profitability measurements, SAITECH Global 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 SAITECH Global's ability to earn profits and add value for shareholders.
Check out World Market Map 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 estimate.
For SAITECH Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SAITECH Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SAITECH Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SAITECH Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SAITECH Global over time as well as its relative position and ranking within its peers.
SAITECH |
SAITECH Global Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SAITECH Global's current stock value. Our valuation model uses many indicators to compare SAITECH Global value to that of its competitors to determine the firm's financial worth. SAITECH Global is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value SAITECH Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SAITECH 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.
SAITECH Global |
| = | -0.33 |
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.
SAITECH Global |
| = | -0.23 |
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.
SAITECH Return On Asset Comparison
SAITECH Global is currently under evaluation in return on asset category among its peers.
SAITECH Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SAITECH Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SAITECH Global will eventually generate negative long term returns. The profitability progress is the general direction of SAITECH Global's change in net profit over the period of time. It can combine multiple indicators of SAITECH Global, 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.
SAI.TECH Global Corporation operates as an energy-saving bitcoin mining operator and a clean-tech company that integrates Bitcoin mining, heating, and power industries. It uses proprietary liquid cooling and waste heat recovery technology for its digital asset mining machines, which utilizes waste heat to provide recycled energy and heating to potential customers while lowering mining operating costs. SaiTech Global is traded on NASDAQ Exchange in the United States.
SAITECH Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SAITECH Global. 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 SAITECH Global 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 SAITECH Global's important profitability drivers and their relationship over time.
Use SAITECH Global 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 SAITECH Global 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 SAITECH Global will appreciate offsetting losses from the drop in the long position's value.SAITECH Global Pair Trading
SAITECH Global Pair Trading Analysis
The ability to find closely correlated positions to SAITECH Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SAITECH Global 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 SAITECH Global - 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 SAITECH Global to buy it.
The correlation of SAITECH Global 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 SAITECH Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAITECH Global 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 SAITECH Global 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 SAITECH Global position
In addition to having SAITECH Global 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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Check out World Market Map 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 estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in SAITECH Stock
If you are still planning to invest in SAITECH Global 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 SAITECH Global's history and understand the potential risks before investing.
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