Polar Financial Statements From 2010 to 2026
| POLRDelisted Stock | USD 0.0001 0.00 0.00% |
Check Polar Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Polar Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Polar financial statements analysis is a perfect complement when working with Polar Petroleum Valuation or Volatility modules.
Polar |
Polar Petroleum Corp Company Return On Equity Analysis
Polar Petroleum'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 Polar Petroleum Return On Equity | -3.43 |
Most of Polar Petroleum'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, Polar Petroleum 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, Polar Petroleum Corp has a Return On Equity of -3.4339. This is 73.43% higher than that of the Energy sector and significantly lower than that of the Oil, Gas & Consumable Fuels industry. The return on equity for all United States stocks is notably higher than that of the company.
Polar Petroleum Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Polar Petroleum's current stock value. Our valuation model uses many indicators to compare Polar Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Polar Petroleum competition to find correlations between indicators driving Polar Petroleum's intrinsic value. More Info.Polar Petroleum 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 technique that is used if you cannot value Polar Petroleum 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 Polar Petroleum Financial Statements
Polar Petroleum 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 Polar Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in Polar Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on Polar Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Polar Petroleum Corp., an exploration stage company, focuses on the exploration, development, and production of oil and natural gas in the United States. Polar Petroleum Corp. was founded in 2011 and is based in Anchorage, Alaska. POLAR PETROLEUM is traded on OTC Exchange in the United States.
Pair Trading with Polar Petroleum
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 Polar Petroleum 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 Polar Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Polar Stock
| 0.59 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.37 | CVX | Chevron Corp | PairCorr |
| 0.36 | PFE | Pfizer Inc | PairCorr |
| 0.35 | HD | Home Depot | PairCorr |
| 0.31 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Polar Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polar Petroleum 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 Polar Petroleum - 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 Polar Petroleum Corp to buy it.
The correlation of Polar Petroleum 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 Polar Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polar Petroleum 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 Polar Petroleum 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Polar Stock
If you are still planning to invest in Polar Petroleum 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 Polar Petroleum's history and understand the potential risks before investing.
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