ALBEMARLE Return On Asset

A1LB34
  

BRL 1,528  0.000054  0.00%   

ALBEMARLE CODRN fundamentals help investors to digest information that contributes to ALBEMARLE CODRN's financial success or failures. It also enables traders to predict the movement of ALBEMARLE Stock. The fundamental analysis module provides a way to measure ALBEMARLE CODRN'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 ALBEMARLE CODRN stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

ALBEMARLE Return On Asset Analysis

ALBEMARLE CODRN'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.
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current ALBEMARLE CODRN Return On Asset

    
  3.61 %  
Most of ALBEMARLE CODRN'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, ALBEMARLE CODRN 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.
Compare to competition

Based on the latest financial disclosure, ALBEMARLE CODRN has a Return On Asset of 3.61%. This is 387.84% higher than that of the Basic Materials sector and 97.27% higher than that of the Specialty Chemicals industry. The return on asset for all Brazil stocks is notably lower than that of the firm.

ALBEMARLE Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALBEMARLE CODRN'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 ALBEMARLE CODRN could also be used in its relative valuation, which is a method of valuing ALBEMARLE CODRN by comparing valuation metrics of similar companies.
ALBEMARLE CODRN is currently under evaluation in return on asset category among related companies.

ALBEMARLE Fundamentals

About ALBEMARLE CODRN Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ALBEMARLE CODRN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALBEMARLE CODRN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALBEMARLE CODRN 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.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina. ALBEMARLE CODRN operates under Specialty Chemicals classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 5900 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ALBEMARLE CODRN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with ALBEMARLE CODRN

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 ALBEMARLE CODRN 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 ALBEMARLE CODRN will appreciate offsetting losses from the drop in the long position's value.

Moving together with ALBEMARLE CODRN

+0.77H1DB34HDFC BANK LTDRNPairCorr
The ability to find closely correlated positions to ALBEMARLE CODRN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ALBEMARLE CODRN 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 ALBEMARLE CODRN - 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 ALBEMARLE CODRN to buy it.
The correlation of ALBEMARLE CODRN is a statistical measure of how it moves in relation to other equities. 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 ALBEMARLE CODRN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ALBEMARLE CODRN 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 ALBEMARLE CODRN 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.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the ALBEMARLE CODRN information on this page should be used as a complementary analysis to other ALBEMARLE CODRN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Please note, there is a significant difference between ALBEMARLE CODRN's value and its price as these two are different measures arrived at by different means. Investors typically determine ALBEMARLE CODRN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALBEMARLE CODRN's 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.