Choice Properties Real Stock Price To Earnings To Growth

CHP-UN Stock  CAD 13.98  0.01  0.07%   
Choice Properties Real fundamentals help investors to digest information that contributes to Choice Properties' financial success or failures. It also enables traders to predict the movement of Choice Stock. The fundamental analysis module provides a way to measure Choice Properties' 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 Choice Properties stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Choice Properties Real Company Price To Earnings To Growth Analysis

Choice Properties' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Choice Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Choice Properties is extremely important. It helps to project a fair market value of Choice Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Choice Properties' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Choice Properties' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Choice Properties' interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Choice Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

1.96

At present, Choice Properties' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Based on the latest financial disclosure, Choice Properties Real has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Retail REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.

Choice Properties Current Valuation Drivers

We derive many important indicators used in calculating different scores of Choice Properties from analyzing Choice Properties' financial statements. These drivers represent accounts that assess Choice Properties' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Choice Properties' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.6B9.2B11.0B10.7B10.1B5.9B
Enterprise Value16.1B15.6B17.1B17.2B16.5B10.1B

Choice Fundamentals

About Choice Properties Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Choice Properties Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Choice Properties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Choice Properties Real 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 Choice Properties

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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.

Moving against Choice Stock

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The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Choice Stock

Choice Properties financial ratios help investors to determine whether Choice Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Choice with respect to the benefits of owning Choice Properties security.