Zignsec AB Net Income vs. Return On Asset
| ZIGN Stock | SEK 1.36 0.02 1.45% |
For Zignsec AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zignsec AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zignsec AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zignsec AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zignsec AB over time as well as its relative position and ranking within its peers.
Zignsec |
Zignsec AB Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zignsec AB's current stock value. Our valuation model uses many indicators to compare Zignsec AB value to that of its competitors to determine the firm's financial worth. Zignsec AB is rated first in net income category among its peers. It is rated first 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 Zignsec AB's earnings, one of the primary drivers of an investment's value.Zignsec 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.
Zignsec AB |
| = | (72.74 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.
Zignsec AB |
| = | -0.17 |
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.
Zignsec Return On Asset Comparison
Zignsec AB is currently under evaluation in return on asset category among its peers.
Zignsec AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zignsec AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zignsec AB will eventually generate negative long term returns. The profitability progress is the general direction of Zignsec AB's change in net profit over the period of time. It can combine multiple indicators of Zignsec AB, 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.
ZignSec AB operates an identity service platform for companies to identify their customers digitally in real-time. The company was founded in 2015 and is based in Solna, Sweden. ZignSec AB is traded on Stockholm Stock Exchange in Sweden.
Zignsec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zignsec AB. 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 Zignsec AB 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 Zignsec AB's important profitability drivers and their relationship over time.
Use Zignsec AB 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 Zignsec AB 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 Zignsec AB will appreciate offsetting losses from the drop in the long position's value.Zignsec AB Pair Trading
Zignsec AB Pair Trading Analysis
The ability to find closely correlated positions to Zignsec AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zignsec AB 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 Zignsec AB - 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 Zignsec AB to buy it.
The correlation of Zignsec AB 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 Zignsec AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zignsec AB 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 Zignsec AB 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 Zignsec AB position
In addition to having Zignsec AB 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 37 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 Insurance Providers Theme or any other thematic opportunities.
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Additional Tools for Zignsec Stock Analysis
When running Zignsec AB's price analysis, check to measure Zignsec AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zignsec AB is operating at the current time. Most of Zignsec AB's value examination focuses on studying past and present price action to predict the probability of Zignsec AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zignsec AB's price. Additionally, you may evaluate how the addition of Zignsec AB to your portfolios can decrease your overall portfolio volatility.