Palayan Resources Stock Return On Equity
| PLYN Stock | USD 0.0001 0.0001 50.00% |
Palayan Resources fundamentals help investors to digest information that contributes to Palayan Resources' financial success or failures. It also enables traders to predict the movement of Palayan Pink Sheet. The fundamental analysis module provides a way to measure Palayan Resources' 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 Palayan Resources pink sheet.
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Palayan Resources Company Return On Equity Analysis
Palayan Resources' 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.
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, Palayan Resources has a Return On Equity of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Shell Companies (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
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Palayan Fundamentals
| Return On Asset | -154.33 | |||
| Current Valuation | 1.6 M | |||
| Shares Outstanding | 37.38 M | |||
| Shares Owned By Insiders | 19.04 % | |||
| EBITDA | (103.75 K) | |||
| Net Income | (293.05 K) | |||
| Cash And Equivalents | 213 | |||
| Total Debt | 270.88 K | |||
| Book Value Per Share | (0.02) X | |||
| Cash Flow From Operations | (98.46 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 3.83 | |||
| Market Capitalization | 908.26 K | |||
| Total Asset | 3.17 K | |||
| Net Asset | 3.17 K |
About Palayan Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Palayan Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palayan Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palayan Resources 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 Palayan Resources
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 Palayan Resources 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 Palayan Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Palayan Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palayan Resources 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 Palayan Resources - 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 Palayan Resources to buy it.
The correlation of Palayan Resources 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 Palayan Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palayan Resources 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 Palayan Resources 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 Palayan Pink Sheet
Palayan Resources financial ratios help investors to determine whether Palayan Pink Sheet 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 Palayan with respect to the benefits of owning Palayan Resources security.