Aerodrome Group Stock Return On Asset
| APLY Stock | ILA 86.70 6.10 7.57% |
Aerodrome Group fundamentals help investors to digest information that contributes to Aerodrome's financial success or failures. It also enables traders to predict the movement of Aerodrome Stock. The fundamental analysis module provides a way to measure Aerodrome'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 Aerodrome stock.
Aerodrome |
Aerodrome Group Company Return On Asset Analysis
Aerodrome's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Aerodrome Return On Asset | -0.38 |
Most of Aerodrome's fundamental indicators, such as Return On Asset, 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, Aerodrome Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Aerodrome Group has a Return On Asset of -0.3786. This is 1362.0% lower than that of the Media sector and 178.87% lower than that of the Communication Services industry. The return on asset for all Israel stocks is 170.43% higher than that of the company.
Aerodrome Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aerodrome's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aerodrome could also be used in its relative valuation, which is a method of valuing Aerodrome by comparing valuation metrics of similar companies.Aerodrome is currently under evaluation in return on asset category among related companies.
Aerodrome Fundamentals
| Return On Equity | -2.45 | |||
| Return On Asset | -0.38 | |||
| Profit Margin | (1.62) % | |||
| Operating Margin | (1.28) % | |||
| Shares Outstanding | 17.9 M | |||
| Shares Owned By Insiders | 71.26 % | |||
| Shares Owned By Institutions | 3.30 % | |||
| Price To Earning | (246.27) X | |||
| Price To Sales | 13.46 X | |||
| Revenue | 3.36 M | |||
| Gross Profit | 1.13 M | |||
| EBITDA | (4.8 M) | |||
| Net Income | (5.44 M) | |||
| Cash And Equivalents | 849 K | |||
| Cash Per Share | 0.05 X | |||
| Debt To Equity | 19.30 % | |||
| Current Ratio | 0.76 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (4.02 M) | |||
| Earnings Per Share | (0.38) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.81 | |||
| Market Capitalization | 9.85 M | |||
| Total Asset | 1.93 M | |||
| Z Score | -5.6 | |||
| Net Asset | 1.93 M |
About Aerodrome Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aerodrome Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aerodrome using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aerodrome Group 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 Aerodrome
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 Aerodrome 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 Aerodrome will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aerodrome could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aerodrome 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 Aerodrome - 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 Aerodrome Group to buy it.
The correlation of Aerodrome 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 Aerodrome moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aerodrome Group 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 Aerodrome 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 Aerodrome Group. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Aerodrome Stock analysis
When running Aerodrome's price analysis, check to measure Aerodrome'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 Aerodrome is operating at the current time. Most of Aerodrome's value examination focuses on studying past and present price action to predict the probability of Aerodrome's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aerodrome's price. Additionally, you may evaluate how the addition of Aerodrome to your portfolios can decrease your overall portfolio volatility.
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