Wynn Resorts Net Income vs. Return On Asset
| WYR Stock | EUR 84.74 0.39 0.46% |
For Wynn Resorts profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wynn Resorts to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wynn Resorts Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wynn Resorts's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wynn Resorts Limited over time as well as its relative position and ranking within its peers.
Wynn |
Wynn Resorts Limited Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wynn Resorts's current stock value. Our valuation model uses many indicators to compare Wynn Resorts value to that of its competitors to determine the firm's financial worth. Wynn Resorts Limited is rated below average in net income category among its peers. It is rated below average in return on asset category among its peers . 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 Wynn Resorts' earnings, one of the primary drivers of an investment's value.Wynn Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Wynn Resorts |
| = | (423.86 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Wynn Resorts |
| = | -0.0084 |
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.
Wynn Return On Asset Comparison
Wynn Resorts is rated below average in return on asset category among its peers.
Wynn Resorts Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wynn Resorts, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wynn Resorts will eventually generate negative long term returns. The profitability progress is the general direction of Wynn Resorts' change in net profit over the period of time. It can combine multiple indicators of Wynn Resorts, 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.
Wynn Resorts, Limited owns and operates destination casino resorts. The company was founded in 2002 and is based in Las Vegas, Nevada. WYNN RESORTS operates under Resorts Casinos classification in Germany and is traded on Frankfurt Stock Exchange. It employs 26000 people.
Wynn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wynn Resorts. 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 Wynn Resorts 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 Wynn Resorts' important profitability drivers and their relationship over time.
Use Wynn Resorts 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 Wynn Resorts 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 Wynn Resorts will appreciate offsetting losses from the drop in the long position's value.Wynn Resorts Pair Trading
Wynn Resorts Limited Pair Trading Analysis
The ability to find closely correlated positions to Wynn Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wynn Resorts 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 Wynn Resorts - 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 Wynn Resorts Limited to buy it.
The correlation of Wynn Resorts 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 Wynn Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wynn Resorts Limited 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 Wynn Resorts 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 Wynn Resorts position
In addition to having Wynn Resorts 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 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 Convertibles Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Information and Resources on Investing in Wynn Stock
When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:Check out Your Current Watchlist. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
To fully project Wynn Resorts' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wynn Resorts Limited 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 Wynn Resorts' income statement, its balance sheet, and the statement of cash flows.