United States Return on Invested Capital Trend

BNO -- USA Etf  

USD 21.16  0.76  3.73%

This module enables investors to look at United States various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Operating Expenses of 839.4 K, Selling General and Administrative Expense of 998.6 K or Weighted Average Shares of 4.8 M, but also many exotic indicators such as Book Value per Share of 17.8624, Debt to Equity Ratio of 0.002 or Share Dilution Ratio of 1.1765. This module is a perfect complement to use when analyzing United States Valuation or Volatility. It can also complement various United States Technical models. Check also analysis of United States Correlation with competitors.
Showing smoothed Return on Invested Capital of United States Brent Oil with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by Invested Capital Average. Invested Capital is calculated as: [DEBT] plus Total Assets minus intangible assets minus Cash and Equivalents minus [LIABILITIESC]. Please note this calculation method is subject to change.
Return on Invested Capital10 Years Trend
Very volatile
 Return on Invested Capital 

Regression Statistics

Arithmetic Mean  13.28
Geometric Mean  7.20
Coefficient Of Variation  451.16
Mean Deviation  29.00
Median  1.51
Standard Deviation  59.90
Sample Variance  3,588
Range  274.98
R Value  0.09
Mean Square Error  3,883
R Squared  0.007988
Significance  0.77
Slope  1.37
Total Sum of Squares  43,060

United States Return on Invested Capital Over Time

2016-12-31  8.91 
2017-12-31  8.91 
2018-12-31  10.48 

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Check also analysis of United States Correlation with competitors. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.