Sminn Hf Return On Equity vs. Return On Asset
| SIMINN Stock | ISK 13.80 0.30 2.13% |
For Sminn Hf profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sminn Hf to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sminn hf utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sminn Hf's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sminn hf over time as well as its relative position and ranking within its peers.
Sminn |
Sminn hf Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sminn Hf's current stock value. Our valuation model uses many indicators to compare Sminn Hf value to that of its competitors to determine the firm's financial worth. Sminn hf 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 reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sminn hf is roughly 1.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sminn Hf by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sminn Hf'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.Sminn 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.
Sminn Hf |
| = | 0.0411 |
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.
Sminn Hf |
| = | 0.0217 |
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.
Sminn Return On Asset Comparison
Sminn Hf is currently under evaluation in return on asset category among its peers.
Sminn Hf Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sminn Hf, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sminn Hf will eventually generate negative long term returns. The profitability progress is the general direction of Sminn Hf's change in net profit over the period of time. It can combine multiple indicators of Sminn Hf, 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.
Sminn hf. provides communication solutions to private and corporate clients in Iceland. The company was founded in 1906 and is based in Reykjavk, Iceland. Sminn hf is traded on Commodity Exchange in Exotistan.
Sminn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sminn Hf. 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 Sminn Hf 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 Sminn Hf's important profitability drivers and their relationship over time.
Use Sminn Hf 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 Sminn Hf 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 Sminn Hf will appreciate offsetting losses from the drop in the long position's value.Sminn Hf Pair Trading
Sminn hf Pair Trading Analysis
The ability to find closely correlated positions to Sminn Hf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sminn Hf 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 Sminn Hf - 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 Sminn hf to buy it.
The correlation of Sminn Hf 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 Sminn Hf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sminn hf 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 Sminn Hf 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 Sminn Hf position
In addition to having Sminn Hf 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 Silver Thematic Idea Now
Silver
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 40 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 Silver Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Sminn Stock
To fully project Sminn Hf's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sminn hf 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 Sminn Hf's income statement, its balance sheet, and the statement of cash flows.