SIGNA Sports Return On Asset vs. EBITDA
SSUDelisted Stock | USD 2.73 0.06 2.15% |
For SIGNA Sports profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SIGNA Sports to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SIGNA Sports United utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SIGNA Sports's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SIGNA Sports United over time as well as its relative position and ranking within its peers.
SIGNA |
SIGNA Sports United EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SIGNA Sports's current stock value. Our valuation model uses many indicators to compare SIGNA Sports value to that of its competitors to determine the firm's financial worth. SIGNA Sports United is rated below average in return on asset category among its peers. It is rated below average in ebitda category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value SIGNA Sports 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.SIGNA EBITDA 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.
SIGNA Sports |
| = | -0.12 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
SIGNA Sports |
| = | 3.8 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
SIGNA EBITDA Comparison
SIGNA Sports is currently under evaluation in ebitda category among its peers.
SIGNA Sports Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SIGNA Sports, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SIGNA Sports will eventually generate negative long term returns. The profitability progress is the general direction of SIGNA Sports' change in net profit over the period of time. It can combine multiple indicators of SIGNA Sports, 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.
SIGNA Sports United N.V. operates online sports web shops in the European Union, Switzerland, Norway, the United Kingdom, and the United States. Its product categories include bike, tennisracket sports, outdoor, and team sports and athleisure. Signa Sports operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 2492 people.
SIGNA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SIGNA Sports. 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 SIGNA Sports 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 SIGNA Sports' important profitability drivers and their relationship over time.
Use SIGNA Sports 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 SIGNA Sports 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 SIGNA Sports will appreciate offsetting losses from the drop in the long position's value.SIGNA Sports Pair Trading
SIGNA Sports United Pair Trading Analysis
The ability to find closely correlated positions to SIGNA Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SIGNA Sports 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 SIGNA Sports - 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 SIGNA Sports United to buy it.
The correlation of SIGNA Sports 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 SIGNA Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIGNA Sports United 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 SIGNA Sports 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 SIGNA Sports position
In addition to having SIGNA Sports 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 Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 39 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Consideration for investing in SIGNA Stock
If you are still planning to invest in SIGNA Sports United 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 SIGNA Sports' history and understand the potential risks before investing.
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