PDX Financial Statements From 2010 to 2026
| PDXP Stock | USD 0.0002 0.00 0.00% |
Check PDX Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PDX Partners' main balance sheet or income statement drivers, such as , as well as many indicators such as . PDX financial statements analysis is a perfect complement when working with PDX Partners Valuation or Volatility modules.
Check out the analysis of PDX Partners Correlation against competitors. PDX Partners Company Return On Asset Analysis
PDX Partners' 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.
Current PDX Partners Return On Asset | -0.82 |
Most of PDX Partners' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PDX Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, PDX Partners has a Return On Asset of -0.8233. This is 71.51% lower than that of the Communications Equipment sector and 44.37% lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.
PDX Partners Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PDX Partners's current stock value. Our valuation model uses many indicators to compare PDX Partners value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PDX Partners competition to find correlations between indicators driving PDX Partners's intrinsic value. More Info.PDX Partners is regarded second in return on asset category among its peers. It also is regarded second in profit margin category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value PDX Partners by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About PDX Partners Financial Statements
PDX Partners shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although PDX Partners investors may analyze each financial statement separately, they are all interrelated. The changes in PDX Partners' assets and liabilities, for example, are also reflected in the revenues and expenses on on PDX Partners' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
PDX Partners, Inc. provides voice over Internet protocol services. The company was founded in 1997 and is based in Indianapolis, Indiana. PDX PARTNERS operates under Communication Equipment classification in the United States and is traded on PNK Exchange.
Pair Trading with PDX Partners
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 PDX Partners 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 PDX Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PDX Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PDX Partners 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 PDX Partners - 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 PDX Partners to buy it.
The correlation of PDX Partners 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 PDX Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PDX Partners 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 PDX Partners 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.Additional Tools for PDX Stock Analysis
When running PDX Partners' price analysis, check to measure PDX Partners' 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 PDX Partners is operating at the current time. Most of PDX Partners' value examination focuses on studying past and present price action to predict the probability of PDX Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDX Partners' price. Additionally, you may evaluate how the addition of PDX Partners to your portfolios can decrease your overall portfolio volatility.