Polymeric Resources Stock Net Income
| PLYRDelisted Stock | USD 35.00 0.00 0.00% |
As of the 27th of January, Polymeric Resources holds the Coefficient Of Variation of 2384.57, risk adjusted performance of 0.04, and Variance of 92.83. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polymeric Resources, as well as the relationship between them. Please check Polymeric Resources risk adjusted performance and total risk alpha to decide if Polymeric Resources is priced some-what accurately, providing market reflects its current price of 35.0 per share. Given that Polymeric Resources has variance of 92.83, we recommend you to check out Polymeric Resources's recent market performance to make sure the company can sustain itself at a future point.
Polymeric Resources' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Polymeric Resources' valuation are provided below:Polymeric Resources does not presently have any trending fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Polymeric |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Polymeric Resources reported net income of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Chemicals industry. The net income for all United States stocks is 100.0% higher than that of the company.
Polymeric Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Polymeric Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Polymeric Resources could also be used in its relative valuation, which is a method of valuing Polymeric Resources by comparing valuation metrics of similar companies.Polymeric Resources is currently under evaluation in net income category among its peers.
Polymeric Fundamentals
| Shares Outstanding | 1.13 M | |||
| Beta | 1.15 | |||
| Market Capitalization | 72.06 M |
About Polymeric Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Polymeric Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Polymeric Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Polymeric 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 Polymeric 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 Polymeric 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 Polymeric Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Polymeric 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 Polymeric 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 Polymeric 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 Polymeric Resources to buy it.
The correlation of Polymeric 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 Polymeric Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polymeric 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 Polymeric 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.Check out Your Equity Center 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 services. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Polymeric Pink Sheet
If you are still planning to invest in Polymeric Resources 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 Polymeric Resources' history and understand the potential risks before investing.
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