Abas Protect Ab Stock Return On Equity
ABAS Protect AB fundamentals help investors to digest information that contributes to ABAS Protect's financial success or failures. It also enables traders to predict the movement of ABAS Stock. The fundamental analysis module provides a way to measure ABAS Protect's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ABAS Protect stock.
ABAS |
ABAS Protect AB Company Return On Equity Analysis
ABAS Protect's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current ABAS Protect Return On Equity | 0.44 |
Most of ABAS Protect's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ABAS Protect AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, ABAS Protect AB has a Return On Equity of 0.4372. This indicator is about the same for the Industrials average (which is currently at 0.44) sector and significantly higher than that of the Building Products & Equipment industry. The return on equity for all Sweden stocks is notably lower than that of the firm.
ABAS Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ABAS Protect's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ABAS Protect could also be used in its relative valuation, which is a method of valuing ABAS Protect by comparing valuation metrics of similar companies.ABAS Protect is currently under evaluation in return on equity category among related companies.
ABAS Fundamentals
| Return On Equity | 0.44 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 95.18 M | |||
| Shares Outstanding | 6.41 M | |||
| Shares Owned By Insiders | 76.60 % | |||
| Price To Book | 3.83 X | |||
| Price To Sales | 0.95 X | |||
| Revenue | 67.25 M | |||
| Gross Profit | 29.25 M | |||
| EBITDA | 7.42 M | |||
| Book Value Per Share | 3.91 X | |||
| Earnings Per Share | 0.74 X | |||
| Number Of Employees | 44 |
About ABAS Protect Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ABAS Protect AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABAS Protect using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABAS Protect AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ABAS Protect
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 ABAS Protect 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 ABAS Protect will appreciate offsetting losses from the drop in the long position's value.Moving against ABAS Stock
| 0.47 | HEIM-PREF | Heimstaden AB Pfd | PairCorr |
The ability to find closely correlated positions to ABAS Protect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABAS Protect 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 ABAS Protect - 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 ABAS Protect AB to buy it.
The correlation of ABAS Protect 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 ABAS Protect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABAS Protect AB 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 ABAS Protect 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ABAS Protect AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. 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 ABAS Stock analysis
When running ABAS Protect's price analysis, check to measure ABAS Protect's 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 ABAS Protect is operating at the current time. Most of ABAS Protect's value examination focuses on studying past and present price action to predict the probability of ABAS Protect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABAS Protect's price. Additionally, you may evaluate how the addition of ABAS Protect to your portfolios can decrease your overall portfolio volatility.
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