ALASKA Return On Asset

ALASKA AIR GDRN fundamentals help investors to digest information that contributes to ALASKA AIR's financial success or failures. It also enables traders to predict the movement of ALASKA Stock. The fundamental analysis module provides a way to measure ALASKA AIR'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 ALASKA AIR 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.
  

ALASKA Return On Asset Analysis

ALASKA AIR'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 ALASKA AIR Return On Asset

    
  (9.63) %  
Most of ALASKA AIR'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, ALASKA AIR GDRN 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, ALASKA AIR GDRN has a Return On Asset of -9.63%. This is much higher than that of the Industrials sector and notably lower than that of the Airlines industry. The return on asset for all Brazil stocks is notably higher than that of the company.

ALASKA Return On Asset Peer Comparison

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

ALASKA Fundamentals

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ALASKA AIR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ALASKA AIR's short interest history, or implied volatility extrapolated from ALASKA AIR options trading.

Pair Trading with ALASKA AIR

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 ALASKA AIR 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 ALASKA AIR will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to NRG Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NRG Energy 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 NRG Energy - 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 NRG Energy to buy it.
The correlation of NRG Energy 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 NRG Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NRG Energy 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 NRG Energy 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
Check out Trending Equities. Note that the ALASKA AIR GDRN information on this page should be used as a complementary analysis to other ALASKA AIR'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for ALASKA Stock

When running ALASKA AIR GDRN price analysis, check to measure ALASKA AIR'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 ALASKA AIR is operating at the current time. Most of ALASKA AIR's value examination focuses on studying past and present price action to predict the probability of ALASKA AIR's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ALASKA AIR's price. Additionally, you may evaluate how the addition of ALASKA AIR to your portfolios can decrease your overall portfolio volatility.
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