EUDA Return On Equity from 2010 to 2024
| EUDAW Stock | 0.27 0.06 28.57% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 6.36 | Current Value 6.68 | Quarterly Volatility 2.95729524 |
Check EUDA Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EUDA main balance sheet or income statement drivers, such as Tax Provision of 30.1 K, Depreciation And Amortization of 318 K or Interest Expense of 114.8 K, as well as many exotic indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0 or Days Sales Outstanding of 842. EUDA financial statements analysis is a perfect complement when working with EUDA Health Valuation or Volatility modules.
EUDA | Return On Equity |
Latest EUDA Health's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of EUDA Health Holdings over the last few years. Return on Equity is the amount of EUDA Health Holdings net income returned as a percentage of EUDA Health equity. Return on equity measures EUDA Health profitability by revealing how much profit EUDA Health Holdings 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. EUDA Health's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EUDA Health's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0 | 10 Years Trend |
|
Return On Equity |
| Timeline |
EUDA Return On Equity Regression Statistics
| Arithmetic Mean | 1.09 | |
| Coefficient Of Variation | 270.29 | |
| Mean Deviation | 2.32 | |
| Median | (0.49) | |
| Standard Deviation | 2.96 | |
| Sample Variance | 8.75 | |
| Range | 7.5552 | |
| R-Value | 0.74 | |
| Mean Square Error | 4.22 | |
| R-Squared | 0.55 | |
| Significance | 0 | |
| Slope | 0.49 | |
| Total Sum of Squares | 122.44 |
EUDA Return On Equity History
About EUDA Health Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EUDA Health income statement, its balance sheet, and the statement of cash flows. EUDA Health investors use historical funamental indicators, such as EUDA Health's Return On Equity, to determine how well the company is positioned to perform in the future. Although EUDA Health investors may use each financial statement separately, they are all related. The changes in EUDA Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EUDA Health'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 EUDA Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EUDA Health. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 6.36 | 6.68 |
Pair Trading with EUDA Health
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 EUDA Health 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 EUDA Health will appreciate offsetting losses from the drop in the long position's value.Moving against EUDA Stock
| 0.82 | LUCD | Lucid Diagnostics Financial Report 20th of May 2024 | PairCorr |
| 0.8 | IART | Integra LifeSciences | PairCorr |
| 0.8 | MASS | 908 Devices Financial Report 14th of May 2024 | PairCorr |
| 0.78 | EGRX | Eagle Pharmaceuticals | PairCorr |
| 0.75 | INMD | InMode | PairCorr |
The ability to find closely correlated positions to EUDA Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EUDA Health 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 EUDA Health - 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 EUDA Health Holdings to buy it.
The correlation of EUDA Health 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 EUDA Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EUDA Health Holdings 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 EUDA Health 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the EUDA Health Holdings information on this page should be used as a complementary analysis to other EUDA Health'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for EUDA Stock analysis
When running EUDA Health's price analysis, check to measure EUDA Health'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 EUDA Health is operating at the current time. Most of EUDA Health's value examination focuses on studying past and present price action to predict the probability of EUDA Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EUDA Health's price. Additionally, you may evaluate how the addition of EUDA Health to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is EUDA Health'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 EUDA Health. If investors know EUDA 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 EUDA Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.42 | Quarterly Revenue Growth (0.54) | Return On Assets (1.80) |
The market value of EUDA Health Holdings is measured differently than its book value, which is the value of EUDA that is recorded on the company's balance sheet. Investors also form their own opinion of EUDA Health's value that differs from its market value or its book value, called intrinsic value, which is EUDA Health'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 EUDA Health's market value can be influenced by many factors that don't directly affect EUDA Health'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 EUDA Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if EUDA Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EUDA Health'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.