Vita Return On Equity from 2010 to 2024
| COCO Stock | USD 26.00 0.37 1.40% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.23033833 | Current Value 0.2 | Quarterly Volatility 0.06072524 |
Check Vita Coco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vita main balance sheet or income statement drivers, such as Tax Provision of 6.9 M, Net Interest Income of 1.1 M or Interest Income of 1.2 M, as well as many exotic indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0 or PTB Ratio of 7.73. Vita financial statements analysis is a perfect complement when working with Vita Coco Valuation or Volatility modules.
Vita | Return On Equity |
Latest Vita Coco's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Vita Coco over the last few years. Return on Equity is the amount of Vita Coco net income returned as a percentage of Vita Coco equity. Return on equity measures Vita Coco profitability by revealing how much profit Vita Coco generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Vita Coco's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vita Coco's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.3 | 10 Years Trend |
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Return On Equity |
| Timeline |
Vita Return On Equity Regression Statistics
| Arithmetic Mean | 0.15 | |
| Geometric Mean | 0.14 | |
| Coefficient Of Variation | 40.73 | |
| Mean Deviation | 0.04 | |
| Median | 0.13 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.2641 | |
| R-Value | 0.38 | |
| Mean Square Error | 0 | |
| R-Squared | 0.14 | |
| Significance | 0.16 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.05 |
Vita Return On Equity History
About Vita Coco Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Vita Coco income statement, its balance sheet, and the statement of cash flows. Vita Coco investors use historical funamental indicators, such as Vita Coco's Return On Equity, to determine how well the company is positioned to perform in the future. Although Vita Coco investors may use each financial statement separately, they are all related. The changes in Vita Coco's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Vita Coco's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Vita Coco Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Vita Coco. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.23 | 0.20 |
Pair Trading with Vita Coco
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 Vita Coco 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 Vita Coco will appreciate offsetting losses from the drop in the long position's value.Moving against Vita Stock
| 0.83 | SHOTW | Safety Shot Symbol Change | PairCorr |
| 0.77 | REED | Reeds Inc | PairCorr |
| 0.69 | SHOT | Safety Shot Symbol Change | PairCorr |
| 0.64 | ZVIA | Zevia Pbc Financial Report 14th of May 2024 | PairCorr |
| 0.53 | JSDA | Jones Soda | PairCorr |
The ability to find closely correlated positions to Vita Coco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vita Coco 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 Vita Coco - 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 Vita Coco to buy it.
The correlation of Vita Coco 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 Vita Coco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vita Coco 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 Vita Coco 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 the analysis of Vita Coco Correlation against competitors. To learn how to invest in Vita Stock, please use our How to Invest in Vita Coco guide.Note that the Vita Coco information on this page should be used as a complementary analysis to other Vita Coco'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 the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Vita Stock analysis
When running Vita Coco's price analysis, check to measure Vita Coco'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 Vita Coco is operating at the current time. Most of Vita Coco's value examination focuses on studying past and present price action to predict the probability of Vita Coco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vita Coco's price. Additionally, you may evaluate how the addition of Vita Coco to your portfolios can decrease your overall portfolio volatility.
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Is Vita Coco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vita Coco. If investors know Vita will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vita Coco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.006 | Earnings Share 0.91 | Revenue Per Share 8.761 | Quarterly Revenue Growth 0.018 | Return On Assets 0.174 |
The market value of Vita Coco is measured differently than its book value, which is the value of Vita that is recorded on the company's balance sheet. Investors also form their own opinion of Vita Coco's value that differs from its market value or its book value, called intrinsic value, which is Vita Coco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vita Coco's market value can be influenced by many factors that don't directly affect Vita Coco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vita Coco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vita Coco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vita Coco'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.