Parafin Financial Statements From 2010 to 2024
Parafin Corp financial statements provide useful quarterly and yearly information to potential Parafin Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Parafin Corp financial statements helps investors assess Parafin Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Parafin Corp's valuation are summarized below:Parafin Corp does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Parafin Corp Technical models . Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Check Parafin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parafin Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . Parafin financial statements analysis is a perfect complement when working with Parafin Corp Valuation or Volatility modules.
Parafin |
Parafin Corp Company Return On Equity Analysis
Parafin Corp's 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.
Current Parafin Corp Return On Equity | -9.0E-4 |
Most of Parafin Corp's fundamental indicators, such as Return On Equity, 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, Parafin Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Parafin Corp has a Return On Equity of -9.0E-4. This is 99.95% lower than that of the Energy sector and 100.05% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 99.71% lower than that of the firm.
Parafin Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parafin Corp's current stock value. Our valuation model uses many indicators to compare Parafin Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parafin Corp competition to find correlations between indicators driving Parafin Corp's intrinsic value. More Info.Parafin Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parafin Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parafin Corp's Pink Sheet. 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.About Parafin Corp Financial Statements
Parafin Corp investors utilize fundamental indicators, such as revenue or net income, to predict how Parafin Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
ParaFin Corporation, a development stage company, acquires and explores oil and gas properties in the United States. The company was founded in 1978 and is based in Reno, Nevada. PARAFIN CORP operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Pair Trading with Parafin Corp
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 Parafin Corp 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 Parafin Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Parafin Pink Sheet
| 0.81 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.74 | HPQ | HP Inc | PairCorr |
| 0.73 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.72 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.71 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
The ability to find closely correlated positions to Parafin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parafin Corp 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 Parafin Corp - 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 Parafin Corp to buy it.
The correlation of Parafin Corp 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 Parafin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parafin Corp 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 Parafin Corp 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Parafin Pink Sheet
If you are still planning to invest in Parafin Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parafin Corp's history and understand the potential risks before investing.
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