Melhus Sparebank Return On Equity vs. Net Income
| MELG Stock | NOK 152.50 2.50 1.61% |
For Melhus Sparebank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Melhus Sparebank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Melhus Sparebank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Melhus Sparebank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Melhus Sparebank over time as well as its relative position and ranking within its peers.
Melhus |
Melhus Sparebank Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Melhus Sparebank's current stock value. Our valuation model uses many indicators to compare Melhus Sparebank value to that of its competitors to determine the firm's financial worth. Melhus Sparebank is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in net income category among related companies making up about 1,202,720,000 of Net Income per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Melhus Sparebank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Melhus Sparebank'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 Melhus Sparebank's earnings, one of the primary drivers of an investment's value.Melhus Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Melhus Sparebank |
| = | 0.0875 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Melhus Sparebank |
| = | 105.24 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Melhus Net Income Comparison
Melhus Sparebank is currently under evaluation in net income category among related companies.
Melhus Sparebank Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Melhus Sparebank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Melhus Sparebank will eventually generate negative long term returns. The profitability progress is the general direction of Melhus Sparebank's change in net profit over the period of time. It can combine multiple indicators of Melhus Sparebank, 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.
Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway.
Melhus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Melhus Sparebank. 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 Melhus Sparebank 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 Melhus Sparebank's important profitability drivers and their relationship over time.
Use Melhus Sparebank 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 Melhus Sparebank 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 Melhus Sparebank will appreciate offsetting losses from the drop in the long position's value.Melhus Sparebank Pair Trading
Melhus Sparebank Pair Trading Analysis
The ability to find closely correlated positions to Melhus Sparebank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melhus Sparebank 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 Melhus Sparebank - 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 Melhus Sparebank to buy it.
The correlation of Melhus Sparebank 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 Melhus Sparebank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melhus Sparebank 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 Melhus Sparebank 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.Use Investing Themes to Complement your Melhus Sparebank position
In addition to having Melhus Sparebank 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 Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 37 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 Books Theme or any other thematic opportunities.
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Complementary Tools for Melhus Stock analysis
When running Melhus Sparebank's price analysis, check to measure Melhus Sparebank'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 Melhus Sparebank is operating at the current time. Most of Melhus Sparebank's value examination focuses on studying past and present price action to predict the probability of Melhus Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melhus Sparebank's price. Additionally, you may evaluate how the addition of Melhus Sparebank to your portfolios can decrease your overall portfolio volatility.
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To fully project Melhus Sparebank's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Melhus Sparebank at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Melhus Sparebank's income statement, its balance sheet, and the statement of cash flows.