Flaherty Crumrine Preferred Fund Return On Asset
| PFO Fund | USD 9.07 0.04 0.44% |
Flaherty Crumrine Preferred fundamentals help investors to digest information that contributes to Flaherty Crumrine's financial success or failures. It also enables traders to predict the movement of Flaherty Fund. The fundamental analysis module provides a way to measure Flaherty Crumrine'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 Flaherty Crumrine fund.
Flaherty |
Flaherty Crumrine Preferred Fund Return On Asset Analysis
Flaherty Crumrine's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Flaherty Crumrine Return On Asset | 3.12 |
Most of Flaherty Crumrine's fundamental indicators, such as Return On Asset, 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, Flaherty Crumrine Preferred is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Flaherty Crumrine Preferred has a Return On Asset of 3.12. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The return on asset for all United States funds is notably lower than that of the firm.
Flaherty Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Flaherty Crumrine's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Flaherty Crumrine could also be used in its relative valuation, which is a method of valuing Flaherty Crumrine by comparing valuation metrics of similar companies.Flaherty Crumrine is currently under evaluation in return on asset among similar funds.
Flaherty Fundamentals
| Return On Equity | -10.22 | ||||
| Return On Asset | 3.12 | ||||
| Profit Margin | (112.67) % | ||||
| Operating Margin | 85.24 % | ||||
| Current Valuation | 193.81 M | ||||
| Shares Outstanding | 12.81 M | ||||
| Shares Owned By Institutions | 8.35 % | ||||
| Number Of Shares Shorted | 25.21 K | ||||
| Price To Earning | 10.35 X | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 8.90 X | ||||
| Revenue | 13.25 M | ||||
| Gross Profit | 13.08 M | ||||
| Net Income | (14.92 M) | ||||
| Total Debt | 80.6 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 5.75 X | ||||
| Book Value Per Share | 11.97 X | ||||
| Cash Flow From Operations | 4.96 M | ||||
| Short Ratio | 0.99 X | ||||
| Earnings Per Share | 0.89 X | ||||
| Number Of Employees | 12 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 140.64 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 14.49 % | ||||
| One Year Return | 21.59 % | ||||
| Three Year Return | 0.29 % | ||||
| Five Year Return | 3.56 % | ||||
| Last Dividend Paid | 0.76 |
About Flaherty Crumrine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Flaherty Crumrine Preferred's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Flaherty Crumrine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Flaherty Crumrine Preferred based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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 Flaherty Crumrine
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 Flaherty Crumrine 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 Flaherty Crumrine will appreciate offsetting losses from the drop in the long position's value.Moving together with Flaherty Fund
Moving against Flaherty Fund
The ability to find closely correlated positions to Flaherty Crumrine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flaherty Crumrine 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 Flaherty Crumrine - 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 Flaherty Crumrine Preferred to buy it.
The correlation of Flaherty Crumrine 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 Flaherty Crumrine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flaherty Crumrine 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 Flaherty Crumrine 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.Other Information on Investing in Flaherty Fund
Flaherty Crumrine financial ratios help investors to determine whether Flaherty Fund 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 Flaherty with respect to the benefits of owning Flaherty Crumrine security.
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