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This list of potential positions covers Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Hanesbrands (HBI)
The company has Return on Asset of 0.0374 % which means that on every $100 spent on assets, it made $0.0374 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0434) %, meaning that it generated no profit with money invested by stockholders. Hanesbrands' management efficiency ratios could be used to measure how well Hanesbrands manages its routine affairs as well as how well it operates its assets and liabilities. The Hanesbrands' current Return On Capital Employed is estimated to increase to 0.14, while Return On Tangible Assets are forecasted to increase to (0.03). As of now, Hanesbrands' Asset Turnover is increasing as compared to previous years. This firm currently falls under 'Mid-Cap' category with a total capitalization of 1.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanesbrands's market, we take the total number of its shares issued and multiply it by Hanesbrands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Hanesbrands retains a regular Real Value of $4.35 per share. The prevalent price of the firm is $4.55. Our model calculates the value of Hanesbrands from evaluating the firm fundamentals such as Current Valuation of 5.2 B, return on asset of 0.0374, and Return On Equity of -0.0434 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage purchasing undervalued assets and trading away overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Raytheon Technologies (UTX)
The entity beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Raytheon Technologies will likely underperform. The beta indicator helps investors understand whether Raytheon Technologies moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Raytheon deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Mega-Cap' category with a total capitalization of 130.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Raytheon Technologies's market, we take the total number of its shares issued and multiply it by Raytheon Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Direxion Daily Mid (MIDU)
Direxion Daily Mid [MIDU] is traded in USA and was established 2009-01-08. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. The entity is thematically classified as Macroaxis Index. Direxion Daily Mid now have 36.39 M in assets. , while the total return for the last 3 years was -10.1%. At this time, the entity appears to be overvalued. Direxion Daily Mid shows a prevailing Real Value of $42.3 per share. The current price of the entity is $46.16. Our model computes the value of Direxion Daily Mid from reviewing the entity fundamentals such as Total Asset of 36.39 M, price to sales of 1.26 X, and Beta of 3.14 as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise acquiring undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
United Rentals (URI)
The company has Return on Asset of 0.0995 % which means that on every $100 spent on assets, it made $0.0995 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3191 %, implying that it generated $0.3191 on every 100 dollars invested. United Rentals' management efficiency ratios could be used to measure how well United Rentals manages its routine affairs as well as how well it operates its assets and liabilities. As of now, United Rentals' Return On Tangible Assets are increasing as compared to previous years. The United Rentals' current Return On Capital Employed is estimated to increase to 0.18, while Return On Equity is projected to decrease to 0.28. As of now, United Rentals' Intangible Assets are decreasing as compared to previous years. The United Rentals' current Net Tangible Assets is estimated to increase to about 8.5 B, while Other Current Assets are projected to decrease to under 58.9 M. The entity currently falls under 'Large-Cap' category with a total capitalization of 42.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Rentals's market, we take the total number of its shares issued and multiply it by United Rentals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Invesco FTSE RAFI [PRF] is traded in USA and was established 2005-12-19. The fund is classified under Large Value category within Invesco family. The entity is thematically classified as Large Cap ETFs. Invesco FTSE RAFI at this time have 5.23 B in assets. , while the total return for the last 3 years was 7.5%. At this time, the entity appears to be fairly valued. Invesco FTSE RAFI retains a regular Real Value of $36.97 per share. The prevalent price of the entity is $37.0. Our model calculates the value of Invesco FTSE RAFI from evaluating the entity fundamentals such as Price To Book of 1.91 X, return on equity of 1.67, and Return On Asset of 0.0164 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage locking in undervalued assets and disposing overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Graphic Packaging Holding (GPK)
The company has Return on Asset of 0.0752 % which means that on every $100 spent on assets, it made $0.0752 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2932 %, implying that it generated $0.2932 on every 100 dollars invested. Graphic Packaging's management efficiency ratios could be used to measure how well Graphic Packaging manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.09 this year. Return On Capital Employed is expected to rise to 0.16 this year. At this time, Graphic Packaging's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 11.7 B this year, although the value of Non Current Liabilities Other will most likely fall to about 102.6 M. The entity currently falls under 'Mid-Cap' category with a total capitalization of 8.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Graphic Packaging's market, we take the total number of its shares issued and multiply it by Graphic Packaging's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has return on total asset (ROA) of 0.0807 % which means that it generated a profit of $0.0807 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.352 %, meaning that it created $0.352 on every $100 dollars invested by stockholders. AbbVie's management efficiency ratios could be used to measure how well AbbVie manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AbbVie's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.65 in 2024, whereas Return On Tangible Assets are likely to drop 0.1 in 2024. At this time, AbbVie's Other Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 6.9 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 57.7 B in 2024. The firm currently falls under 'Mega-Cap' category with a current market capitalization of 294.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AbbVie's market, we take the total number of its shares issued and multiply it by AbbVie's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. AbbVie Inc shows a prevailing Real Value of $164.83 per share. The current price of the firm is $167.89. Our model approximates the value of AbbVie Inc from analyzing the firm fundamentals such as return on equity of 0.35, and Profit Margin of 0.09 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Skyworks Solutions (SWKS)
The company has return on total asset (ROA) of 0.0772 % which means that it generated a profit of $0.0772 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1536 %, meaning that it created $0.1536 on every $100 dollars invested by stockholders. Skyworks Solutions' management efficiency ratios could be used to measure how well Skyworks Solutions manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.07 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. At this time, Skyworks Solutions' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6.9 B in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. This firm currently falls under 'Large-Cap' category with a current market capitalization of 15.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skyworks Solutions's market, we take the total number of its shares issued and multiply it by Skyworks Solutions's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Macroaxis Gross Profit
Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Hanesbrands (HBI)
The company has Return on Asset of 0.0374 % which means that on every $100 spent on assets, it made $0.0374 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0434) %, meaning that it generated no profit with money invested by stockholders. Hanesbrands' management efficiency ratios could be used to measure how well Hanesbrands manages its routine affairs as well as how well it operates its assets and liabilities. The Hanesbrands' current Return On Capital Employed is estimated to increase to 0.14, while Return On Tangible Assets are forecasted to increase to (0.03). As of now, Hanesbrands' Asset Turnover is increasing as compared to previous years. This firm currently falls under 'Mid-Cap' category with a total capitalization of 1.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanesbrands's market, we take the total number of its shares issued and multiply it by Hanesbrands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. Hanesbrands retains a regular Real Value of $4.35 per share. The prevalent price of the firm is $4.55. Our model calculates the value of Hanesbrands from evaluating the firm fundamentals such as Current Valuation of 5.2 B, return on asset of 0.0374, and Return On Equity of -0.0434 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage purchasing undervalued assets and trading away overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Raytheon Technologies (UTX)
The entity beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Raytheon Technologies will likely underperform. The beta indicator helps investors understand whether Raytheon Technologies moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Raytheon deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Mega-Cap' category with a total capitalization of 130.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Raytheon Technologies's market, we take the total number of its shares issued and multiply it by Raytheon Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Direxion Daily Mid (MIDU)
Direxion Daily Mid [MIDU] is traded in USA and was established 2009-01-08. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. The entity is thematically classified as Macroaxis Index. Direxion Daily Mid now have 36.39 M in assets. , while the total return for the last 3 years was -10.1%. At this time, the entity appears to be overvalued. Direxion Daily Mid shows a prevailing Real Value of $42.3 per share. The current price of the entity is $46.16. Our model computes the value of Direxion Daily Mid from reviewing the entity fundamentals such as Total Asset of 36.39 M, price to sales of 1.26 X, and Beta of 3.14 as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise acquiring undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
United Rentals (URI)
The company has Return on Asset of 0.0995 % which means that on every $100 spent on assets, it made $0.0995 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3191 %, implying that it generated $0.3191 on every 100 dollars invested. United Rentals' management efficiency ratios could be used to measure how well United Rentals manages its routine affairs as well as how well it operates its assets and liabilities. As of now, United Rentals' Return On Tangible Assets are increasing as compared to previous years. The United Rentals' current Return On Capital Employed is estimated to increase to 0.18, while Return On Equity is projected to decrease to 0.28. As of now, United Rentals' Intangible Assets are decreasing as compared to previous years. The United Rentals' current Net Tangible Assets is estimated to increase to about 8.5 B, while Other Current Assets are projected to decrease to under 58.9 M. The entity currently falls under 'Large-Cap' category with a total capitalization of 42.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Rentals's market, we take the total number of its shares issued and multiply it by United Rentals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Invesco FTSE RAFI [PRF] is traded in USA and was established 2005-12-19. The fund is classified under Large Value category within Invesco family. The entity is thematically classified as Large Cap ETFs. Invesco FTSE RAFI at this time have 5.23 B in assets. , while the total return for the last 3 years was 7.5%. At this time, the entity appears to be fairly valued. Invesco FTSE RAFI retains a regular Real Value of $36.97 per share. The prevalent price of the entity is $37.0. Our model calculates the value of Invesco FTSE RAFI from evaluating the entity fundamentals such as Price To Book of 1.91 X, return on equity of 1.67, and Return On Asset of 0.0164 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage locking in undervalued assets and disposing overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Graphic Packaging Holding (GPK)
The company has Return on Asset of 0.0752 % which means that on every $100 spent on assets, it made $0.0752 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2932 %, implying that it generated $0.2932 on every 100 dollars invested. Graphic Packaging's management efficiency ratios could be used to measure how well Graphic Packaging manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.09 this year. Return On Capital Employed is expected to rise to 0.16 this year. At this time, Graphic Packaging's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 11.7 B this year, although the value of Non Current Liabilities Other will most likely fall to about 102.6 M. The entity currently falls under 'Mid-Cap' category with a total capitalization of 8.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Graphic Packaging's market, we take the total number of its shares issued and multiply it by Graphic Packaging's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has return on total asset (ROA) of 0.0807 % which means that it generated a profit of $0.0807 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.352 %, meaning that it created $0.352 on every $100 dollars invested by stockholders. AbbVie's management efficiency ratios could be used to measure how well AbbVie manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AbbVie's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.65 in 2024, whereas Return On Tangible Assets are likely to drop 0.1 in 2024. At this time, AbbVie's Other Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 6.9 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 57.7 B in 2024. The firm currently falls under 'Mega-Cap' category with a current market capitalization of 294.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AbbVie's market, we take the total number of its shares issued and multiply it by AbbVie's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. AbbVie Inc shows a prevailing Real Value of $164.83 per share. The current price of the firm is $167.89. Our model approximates the value of AbbVie Inc from analyzing the firm fundamentals such as return on equity of 0.35, and Profit Margin of 0.09 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor buying undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Skyworks Solutions (SWKS)
The company has return on total asset (ROA) of 0.0772 % which means that it generated a profit of $0.0772 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1536 %, meaning that it created $0.1536 on every $100 dollars invested by stockholders. Skyworks Solutions' management efficiency ratios could be used to measure how well Skyworks Solutions manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.07 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. At this time, Skyworks Solutions' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 6.9 B in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. This firm currently falls under 'Large-Cap' category with a current market capitalization of 15.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skyworks Solutions's market, we take the total number of its shares issued and multiply it by Skyworks Solutions's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
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