United States Return on Invested Capital Trend

DNO -- USA Etf  

USD 50.23  2.50  5.24%

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 Consolidated Income of 12 M, Earning Before Interest and Taxes EBIT of 12 M or Gross Profit of 10.4 M, but also many exotic indicators such as Asset Turnover of 0.5682, Book Value per Share of 79.2929 or Debt to Equity Ratio of 0.004. This module is a perfect complement to use when analyzing United States Valuation or Volatility. It can also complement various United States Technical models. Additionally see analysis of United States Correlation with competitors.
Showing smoothed Return on Invested Capital of United States Short 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
Increasing
Slightly volatile
 Return on Invested Capital 
      Timeline 

Regression Statistics

Arithmetic Mean (3.89)
Geometric Mean  14.00
Coefficient Of Variation (749.49)
Mean Deviation  21.47
Median  1.14
Standard Deviation  29.12
Sample Variance  847.96
Range  106.60
R Value  0.52
Mean Square Error  672.19
R Squared  0.27
Significance  0.07
Slope  3.91
Total Sum of Squares  10,176

United States Return on Invested Capital Over Time

2016-12-31  21.78 
2017-12-31  21.78 
2018-12-31  25.63 

Thematic Opportunities

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Additionally see analysis of United States Correlation with competitors. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.