TravelCenters Beta vs. Retained Earnings
| TANNZDelisted Stock | USD 25.26 0.00 0.00% |
For TravelCenters profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TravelCenters to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TravelCenters Of America utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TravelCenters's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TravelCenters Of America over time as well as its relative position and ranking within its peers.
TravelCenters |
TravelCenters Of America Retained Earnings vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TravelCenters's current stock value. Our valuation model uses many indicators to compare TravelCenters value to that of its competitors to determine the firm's financial worth. TravelCenters Of America is currently regarded as top stock in beta category among its peers. It is rated fifth in retained earnings category among its peers reporting about 47,660,819 of Retained Earnings per Beta. 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 TravelCenters' earnings, one of the primary drivers of an investment's value.TravelCenters Retained Earnings vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
TravelCenters |
| = | 1.71 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
TravelCenters |
| = | 81.5 M |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
TravelCenters Retained Earnings Comparison
TravelCenters is currently under evaluation in retained earnings category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TravelCenters will likely underperform.
TravelCenters Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TravelCenters, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TravelCenters will eventually generate negative long term returns. The profitability progress is the general direction of TravelCenters' change in net profit over the period of time. It can combine multiple indicators of TravelCenters, 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.
TravelCenters of America LLC operates travel centers and convenience stores in the United States and Canada. TravelCenters of America LLC was founded in 1992 and is headquartered in Westlake, Ohio. TravelCenters is traded on NASDAQ in USA.
TravelCenters Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TravelCenters. 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 TravelCenters 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 TravelCenters' important profitability drivers and their relationship over time.
Use TravelCenters 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 TravelCenters 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 TravelCenters will appreciate offsetting losses from the drop in the long position's value.TravelCenters Pair Trading
TravelCenters Of America Pair Trading Analysis
The ability to find closely correlated positions to TravelCenters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TravelCenters 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 TravelCenters - 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 TravelCenters Of America to buy it.
The correlation of TravelCenters 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 TravelCenters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TravelCenters Of America 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 TravelCenters 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 TravelCenters position
In addition to having TravelCenters 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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Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
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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 board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in TravelCenters Stock
If you are still planning to invest in TravelCenters Of America 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 TravelCenters' history and understand the potential risks before investing.
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