United States Return on Average Assets Trend

UHN -- USA Etf  

USD 20.16  0.32  1.59%

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 41.6 K, Selling General and Administrative Expense of 93.7 K or Weighted Average Shares of 233.8 K, but also many exotic indicators such as Book Value per Share of 15.8518, Debt to Equity Ratio of 0.02 or EBITDA Margin of 1.1976. This module is a perfect complement to use when analyzing United States Valuation or Volatility. It can also complement various United States Technical models. Also please take a look at analysis of United States Correlation with competitors.
Showing smoothed Return on Average Assets of United States Diesel Heating Oil with missing and latest data points interpolated. Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets Average Assets.
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(0.42) %

          10 Years Trend
Decreasing
Slightly volatile
 Return on Average Assets 
      Timeline 

Regression Statistics

Arithmetic Mean (0.049862)
Geometric Mean  0.12
Coefficient Of Variation (539.82)
Mean Deviation  0.23
Median  0.017
Standard Deviation  0.27
Sample Variance  0.07
Range  0.64
R Value (0.80)
Mean Square Error  0.028502
R Squared  0.64
Significance  0.001035
Slope (0.06)
Total Sum of Squares  0.87

United States Return on Average Assets Over Time

2016-12-31 (0.42) 
2017-12-31 (0.42) 
2018-12-31 (0.0042) 

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Also please take a look at analysis of United States Correlation with competitors. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.