UnitedHealth Group Market Capitalization vs. Return On Asset
| UNH Stock | 24.31 0.30 1.25% |
For UnitedHealth Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of UnitedHealth Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well UnitedHealth Group CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between UnitedHealth Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of UnitedHealth Group CDR over time as well as its relative position and ranking within its peers.
UnitedHealth |
UnitedHealth Group CDR Return On Asset vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining UnitedHealth Group's current stock value. Our valuation model uses many indicators to compare UnitedHealth Group value to that of its competitors to determine the firm's financial worth. UnitedHealth Group CDR is rated first in market capitalization category among its peers. It is rated first in return on asset category among its peers . The ratio of Market Capitalization to Return On Asset for UnitedHealth Group CDR is about 9,759,305,751,676 . Comparative valuation analysis is a catch-all model that can be used if you cannot value UnitedHealth Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for UnitedHealth Group'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.UnitedHealth Market Capitalization vs. Competition
UnitedHealth Group CDR is rated first in market capitalization category among its peers. Market capitalization of Health Care industry is at this time estimated at about 677.34 Billion. UnitedHealth Group totals roughly 675.34 Billion in market capitalization claiming about 100% of equities under Health Care industry.
UnitedHealth Return On Asset vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
UnitedHealth Group |
| = | 675.34 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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.
UnitedHealth Group |
| = | 0.0692 |
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.
UnitedHealth Return On Asset Comparison
UnitedHealth Group is currently under evaluation in return on asset category among its peers.
UnitedHealth Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in UnitedHealth Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, UnitedHealth Group will eventually generate negative long term returns. The profitability progress is the general direction of UnitedHealth Group's change in net profit over the period of time. It can combine multiple indicators of UnitedHealth Group, 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.
UnitedHealth Group is entity of Canada. It is traded as Stock on NEO exchange.
UnitedHealth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on UnitedHealth Group. 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 UnitedHealth Group 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 UnitedHealth Group's important profitability drivers and their relationship over time.
Use UnitedHealth Group 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 UnitedHealth Group 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 UnitedHealth Group will appreciate offsetting losses from the drop in the long position's value.UnitedHealth Group Pair Trading
UnitedHealth Group CDR Pair Trading Analysis
The ability to find closely correlated positions to UnitedHealth Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UnitedHealth Group 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 UnitedHealth Group - 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 UnitedHealth Group CDR to buy it.
The correlation of UnitedHealth Group 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 UnitedHealth Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UnitedHealth Group CDR 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 UnitedHealth Group 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 UnitedHealth Group position
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Other Information on Investing in UnitedHealth Stock
To fully project UnitedHealth Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of UnitedHealth Group CDR 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 UnitedHealth Group's income statement, its balance sheet, and the statement of cash flows.