QUEENCO Return On Asset vs. Beta

For QUEENCO profitability analysis, we use financial ratios and fundamental drivers that measure the ability of QUEENCO to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well QUEENCO LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between QUEENCO's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of QUEENCO LTD over time as well as its relative position and ranking within its peers. Check out Your Equity Center.
  
Please note, there is a significant difference between QUEENCO's value and its price as these two are different measures arrived at by different means. Investors typically determine QUEENCO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QUEENCO'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.

QUEENCO LTD Beta vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining QUEENCO's current stock value. Our valuation model uses many indicators to compare QUEENCO value to that of its competitors to determine the firm's financial worth.
QUEENCO LTD is currently regarded as top stock in return on asset category among related companies. It is currently regarded as top stock in beta category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value QUEENCO by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for QUEENCO's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the QUEENCO's earnings, one of the primary drivers of an investment's value.

QUEENCO Beta vs. Return On Asset

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.
QUEENCO 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
(2.29) %
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
QUEENCO 
Beta 
 = 
Covariance 
Variance 
1.0
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

QUEENCO Beta Comparison

QUEENCO is currently under evaluation in beta category among related companies.

Beta Analysis

Let's try to break down what QUEENCO's beta means in this case. QUEENCO returns are very sensitive to returns on the market. As the market goes up or down, QUEENCO is expected to follow.

QUEENCO Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in QUEENCO, profitability is also one of the essential criteria for including it into their portfolios because, without profit, QUEENCO will eventually generate negative long term returns. The profitability progress is the general direction of QUEENCO's change in net profit over the period of time. It can combine multiple indicators of QUEENCO, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Queenco Ltd. develops, owns, and operates entertainment centers and casinos in Greece, Cambodia, and Serbia. The company was incorporated in 1992 and is based in Bnei Brak, Israel. QUEENCO operates under Resorts Casinos classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 696 people.

QUEENCO Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on QUEENCO. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of QUEENCO position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the QUEENCO's important profitability drivers and their relationship over time.

Use QUEENCO in pair-trading

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

QUEENCO Pair Trading

QUEENCO LTD Pair Trading Analysis

The ability to find closely correlated positions to Simon Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simon Property 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 Simon Property - 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 Simon Property Group to buy it.
The correlation of Simon Property 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 Simon Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simon Property 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 Simon Property 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

Use Investing Themes to Complement your QUEENCO position

In addition to having QUEENCO in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Israel Wall Street Thematic Idea Now

Israel Wall Street
Israel Wall Street Theme
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Israel Wall Street Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for QUEENCO Stock

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