SCB X Return On Equity vs. Gross Profit
| SCB Stock | THB 118.50 0.50 0.42% |
For SCB X profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SCB X to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SCB X Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SCB X's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SCB X Public over time as well as its relative position and ranking within its peers.
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SCB X Public Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SCB X's current stock value. Our valuation model uses many indicators to compare SCB X value to that of its competitors to determine the firm's financial worth. SCB X Public is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in gross profit category among its peers fabricating about 1,269,842,590,856 of Gross Profit per Return On Equity. 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 SCB X's earnings, one of the primary drivers of an investment's value.SCB Gross Profit 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.
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| = | 0.0853 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
SCB X |
| = | 108.32 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
SCB Gross Profit Comparison
SCB X is currently under evaluation in gross profit category among its peers.
SCB X Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SCB X, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SCB X will eventually generate negative long term returns. The profitability progress is the general direction of SCB X's change in net profit over the period of time. It can combine multiple indicators of SCB X, 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.
SCB X Public Company Limited operates as a holding company for The Siam Commercial Bank Public Company Limited that provides various financial products and services. SCB X Public Company Limited was founded in 1906 and is headquartered in Bangkok, Thailand. THE SIAM operates under Banking classification in Thailand and is traded on Stock Exchange of Thailand.
SCB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SCB X. 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 SCB X 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 SCB X's important profitability drivers and their relationship over time.
Use SCB X 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 SCB X 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 SCB X will appreciate offsetting losses from the drop in the long position's value.SCB X Pair Trading
SCB X Public Pair Trading Analysis
The ability to find closely correlated positions to SCB X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SCB X 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 SCB X - 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 SCB X Public to buy it.
The correlation of SCB X 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 SCB X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SCB X Public 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 SCB X 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 SCB X position
In addition to having SCB X 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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Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 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 Obamacare Repeal Theme or any other thematic opportunities.
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Other Information on Investing in SCB Stock
To fully project SCB X's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SCB X Public 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 SCB X's income statement, its balance sheet, and the statement of cash flows.