Oeneo SA Price to Sales vs. Five Year Return

SBT Stock  EUR 9.64  0.18  1.90%   
Based on the key profitability measurements obtained from Oeneo SA's financial statements, Oeneo SA may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Oeneo SA's ability to earn profits and add value for shareholders.
For Oeneo SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oeneo SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oeneo SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oeneo SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oeneo SA over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Oeneo SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oeneo SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oeneo SA'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.

Oeneo SA Five Year Return vs. Price to Sales Fundamental Analysis

Oeneo Five Year Return vs. Price to Sales

Oeneo SA

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Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Oeneo SA

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
1.49 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Oeneo Five Year Return Comparison

Oeneo SA is currently under evaluation in five year return category among related companies.

Use Oeneo SA 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 Oeneo SA 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 Oeneo SA will appreciate offsetting losses from the drop in the long position's value.

Oeneo SA Pair Trading

Oeneo SA Pair Trading Analysis

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

In addition to having Oeneo SA 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 Heavy Metals Thematic Idea Now

Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 39 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 Heavy Metals Theme or any other thematic opportunities.
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To fully project Oeneo SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oeneo SA 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 Oeneo SA's income statement, its balance sheet, and the statement of cash flows.
Potential Oeneo SA investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Oeneo SA investors may work on each financial statement separately, they are all related. The changes in Oeneo SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oeneo SA'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. Please read more on our technical analysis and fundamental analysis pages.