United States Return on Invested Capital Trend

UNG -- USA Etf  

USD 23.87  0.23  0.95%

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 7.3 M, Selling General and Administrative Expense of 6.7 M or Weighted Average Shares of 49.2 M, but also many exotic indicators such as Book Value per Share of 8.7621, Debt to Equity Ratio of 0.13 or EBITDA Margin of 1.0389. 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 Invested Capital of United States Natural Gas 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
Very volatile
 Return on Invested Capital 
      Timeline 

Regression Statistics

Arithmetic Mean (6.40)
Coefficient Of Variation (800.73)
Mean Deviation  32.14
Median (1.30)
Standard Deviation  51.25
Sample Variance  2,627
Range  225.91
R Value  0.07
Mean Square Error  2,853
R Squared  0.004516
Significance  0.83
Slope  0.88
Total Sum of Squares  31,522

United States Return on Invested Capital Over Time

2016-12-31  4.72 
2017-12-31  4.72 
2018-12-31 (22.92) 

Thematic Opportunities

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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.