Chesapeake Granite Wash Stock Return On Equity
| CHKRDelisted Stock | USD 1.18 0.00 0.00% |
Chesapeake Granite Wash fundamentals help investors to digest information that contributes to Chesapeake Granite's financial success or failures. It also enables traders to predict the movement of Chesapeake Pink Sheet. The fundamental analysis module provides a way to measure Chesapeake Granite's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chesapeake Granite pink sheet.
Chesapeake |
Chesapeake Granite Wash Company Return On Equity Analysis
Chesapeake Granite'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 Chesapeake Granite Return On Equity | 1.08 |
Most of Chesapeake Granite'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, Chesapeake Granite Wash 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, Chesapeake Granite Wash has a Return On Equity of 1.0807. This is 154.58% lower than that of the Oil, Gas & Consumable Fuels sector and 39.29% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.
Chesapeake Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chesapeake Granite's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Chesapeake Granite could also be used in its relative valuation, which is a method of valuing Chesapeake Granite by comparing valuation metrics of similar companies.Chesapeake Granite is currently under evaluation in return on equity category among its peers.
Chesapeake Fundamentals
| Return On Equity | 1.08 | |||
| Return On Asset | 0.69 | |||
| Profit Margin | 0.90 % | |||
| Operating Margin | 0.92 % | |||
| Current Valuation | 51.97 M | |||
| Shares Outstanding | 46.75 M | |||
| Shares Owned By Insiders | 50.80 % | |||
| Number Of Shares Shorted | 38.46 K | |||
| Price To Earning | 15.89 X | |||
| Price To Book | 5.07 X | |||
| Price To Sales | 4.09 X | |||
| Revenue | 8.7 M | |||
| Gross Profit | 8.11 M | |||
| EBITDA | 6.54 M | |||
| Net Income | 6.54 M | |||
| Cash And Equivalents | 2.39 M | |||
| Cash Per Share | 0.05 X | |||
| Debt To Equity | 1.10 % | |||
| Current Ratio | 2.69 X | |||
| Book Value Per Share | 0.23 X | |||
| Short Ratio | 0.30 X | |||
| Earnings Per Share | 0.26 X | |||
| Target Price | 10.0 | |||
| Beta | 0.74 | |||
| Market Capitalization | 60.31 M | |||
| Total Asset | 11.24 M | |||
| Working Capital | 1.2 M | |||
| Current Asset | 1.2 M | |||
| Annual Yield | 0.22 % | |||
| Five Year Return | 22.74 % | |||
| Net Asset | 11.24 M | |||
| Last Dividend Paid | 0.28 |
About Chesapeake Granite Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chesapeake Granite Wash's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chesapeake Granite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chesapeake Granite Wash based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Chesapeake Granite
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 Chesapeake Granite 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 Chesapeake Granite will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Chesapeake Granite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesapeake Granite 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 Chesapeake Granite - 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 Chesapeake Granite Wash to buy it.
The correlation of Chesapeake Granite 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 Chesapeake Granite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesapeake Granite Wash 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 Chesapeake Granite 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 Trending Equities 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 industry. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Chesapeake Pink Sheet
If you are still planning to invest in Chesapeake Granite Wash 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 Chesapeake Granite's history and understand the potential risks before investing.
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