Sears Financial Statements From 2010 to 2026
| SRSCQ Stock | USD 0.0001 0.00 0.00% |
Check Sears Canada financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sears Canada's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sears financial statements analysis is a perfect complement when working with Sears Canada Valuation or Volatility modules.
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Sears Canada Company Return On Equity Analysis
Sears Canada'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 Sears Canada Return On Equity | -1.47 |
Most of Sears Canada'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, Sears Canada 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.
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Based on the latest financial disclosure, Sears Canada has a Return On Equity of -1.4691. This is 140.81% lower than that of the Multiline Retail sector and 114.14% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is notably higher than that of the company.
Sears Canada Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sears Canada's current stock value. Our valuation model uses many indicators to compare Sears Canada value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sears Canada competition to find correlations between indicators driving Sears Canada's intrinsic value. More Info.Sears Canada is rated fifth in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers . 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 Sears Canada's earnings, one of the primary drivers of an investment's value.About Sears Canada Financial Statements
Sears Canada 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 Sears Canada investors may analyze each financial statement separately, they are all interrelated. The changes in Sears Canada's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sears Canada's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Sears Canada Inc. operates as a multi-format retailer in Canada. Sears Canada Inc. was founded in 1952 and is headquartered in Toronto, Canada. Sears Canada operates under Department Stores classification in the United States and is traded on OTC Exchange. It employs 15783 people.
Pair Trading with Sears Canada
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 Sears Canada 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 Sears Canada will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sears Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sears Canada 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 Sears Canada - 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 Sears Canada to buy it.
The correlation of Sears Canada 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 Sears Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sears Canada 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 Sears Canada 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 Sears Pink Sheet Analysis
When running Sears Canada's price analysis, check to measure Sears Canada'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 Sears Canada is operating at the current time. Most of Sears Canada's value examination focuses on studying past and present price action to predict the probability of Sears Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sears Canada's price. Additionally, you may evaluate how the addition of Sears Canada to your portfolios can decrease your overall portfolio volatility.