Amtech Return On Equity from 2010 to 2024
| ASYS Stock | USD 4.87 0.05 1.02% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0340906 | Current Value 0.0358 | Quarterly Volatility 0.14379852 |
Check Amtech Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amtech main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Interest Expense of 568.1 K or Selling General Administrative of 50 M, as well as many exotic indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0032 or PTB Ratio of 1.36. Amtech financial statements analysis is a perfect complement when working with Amtech Systems Valuation or Volatility modules.
Amtech | Return On Equity |
Latest Amtech Systems' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Amtech Systems over the last few years. Return on Equity is the amount of Amtech Systems net income returned as a percentage of Amtech Systems equity. Return on equity measures Amtech Systems profitability by revealing how much profit Amtech Systems generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Amtech Systems' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amtech Systems' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.22 | 10 Years Trend |
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Return On Equity |
| Timeline |
Amtech Return On Equity Regression Statistics
| Arithmetic Mean | (0.05) | |
| Coefficient Of Variation | (313.21) | |
| Mean Deviation | 0.12 | |
| Median | 0.02 | |
| Standard Deviation | 0.14 | |
| Sample Variance | 0.02 | |
| Range | 0.4754 | |
| R-Value | 0.50 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.29 |
Amtech Return On Equity History
About Amtech Systems Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Amtech Systems income statement, its balance sheet, and the statement of cash flows. Amtech Systems investors use historical funamental indicators, such as Amtech Systems's Return On Equity, to determine how well the company is positioned to perform in the future. Although Amtech Systems investors may use each financial statement separately, they are all related. The changes in Amtech Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amtech Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Amtech Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Amtech Systems. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.04 |
Pair Trading with Amtech Systems
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 Amtech Systems 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 Amtech Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Amtech Stock
| 0.72 | MU | Micron Technology Aggressive Push | PairCorr |
| 0.69 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
Moving against Amtech Stock
| 0.74 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
| 0.69 | TWLO | Twilio Inc Financial Report 14th of May 2024 | PairCorr |
| 0.67 | UIS | Unisys Financial Report 7th of May 2024 | PairCorr |
| 0.62 | SNOW | Snowflake Financial Report 22nd of May 2024 | PairCorr |
| 0.58 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Amtech Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amtech Systems 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 Amtech Systems - 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 Amtech Systems to buy it.
The correlation of Amtech Systems 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 Amtech Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amtech Systems 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 Amtech Systems 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.Check out the analysis of Amtech Systems Correlation against competitors. For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Amtech Stock analysis
When running Amtech Systems' price analysis, check to measure Amtech Systems' 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 Amtech Systems is operating at the current time. Most of Amtech Systems' value examination focuses on studying past and present price action to predict the probability of Amtech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amtech Systems' price. Additionally, you may evaluate how the addition of Amtech Systems to your portfolios can decrease your overall portfolio volatility.
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Is Amtech Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amtech Systems. If investors know Amtech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amtech Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.631 | Earnings Share (1.35) | Revenue Per Share 8.269 | Quarterly Revenue Growth 0.156 | Return On Assets (0.02) |
The market value of Amtech Systems is measured differently than its book value, which is the value of Amtech that is recorded on the company's balance sheet. Investors also form their own opinion of Amtech Systems' value that differs from its market value or its book value, called intrinsic value, which is Amtech Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amtech Systems' market value can be influenced by many factors that don't directly affect Amtech Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amtech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amtech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amtech Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.