Pyxis Tankers Preferred Stock EBITDA
| PXSAPDelisted Preferred Stock | USD 24.97 0.00 0.00% |
Pyxis Tankers fundamentals help investors to digest information that contributes to Pyxis Tankers' financial success or failures. It also enables traders to predict the movement of Pyxis Preferred Stock. The fundamental analysis module provides a way to measure Pyxis Tankers' 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 Pyxis Tankers preferred stock.
Pyxis |
Pyxis Tankers Company EBITDA Analysis
Pyxis Tankers' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Pyxis Tankers EBITDA | (4.16 M) |
Most of Pyxis Tankers' fundamental indicators, such as EBITDA, 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, Pyxis Tankers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
CompetitionAccording to the company disclosure, Pyxis Tankers reported earnings before interest,tax, depreciation and amortization of (4.16 Million). This is 100.71% lower than that of the Industrials sector and significantly lower than that of the Marine Shipping industry. The ebitda for all United States preferred stocks is 100.11% higher than that of the company.
Pyxis EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pyxis Tankers' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Pyxis Tankers could also be used in its relative valuation, which is a method of valuing Pyxis Tankers by comparing valuation metrics of similar companies.Pyxis Tankers is currently under evaluation in ebitda category among its peers.
Pyxis Fundamentals
| Return On Equity | 0.0237 | ||||
| Return On Asset | 0.0371 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 692.4 M | ||||
| Shares Owned By Institutions | 5.40 % | ||||
| Number Of Shares Shorted | 67 | ||||
| Revenue | 25.34 M | ||||
| Gross Profit | 2.89 M | ||||
| EBITDA | (4.16 M) | ||||
| Net Income | (12.34 M) | ||||
| Cash And Equivalents | 3.64 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 70.88 M | ||||
| Debt To Equity | 1.48 % | ||||
| Current Ratio | 0.83 X | ||||
| Book Value Per Share | 5.17 X | ||||
| Cash Flow From Operations | (896 K) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (1.47) X | ||||
| Beta | -0.44 | ||||
| Total Asset | 142.56 M | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 142.56 M |
About Pyxis Tankers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pyxis Tankers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pyxis Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pyxis Tankers 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 Pyxis Tankers
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 Pyxis Tankers 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 Pyxis Tankers will appreciate offsetting losses from the drop in the long position's value.Moving together with Pyxis Preferred Stock
Moving against Pyxis Preferred Stock
| 0.78 | ASC | Ardmore Shpng | PairCorr |
| 0.77 | SB | Safe Bulkers | PairCorr |
| 0.71 | EDRY | EuroDry Downward Rally | PairCorr |
| 0.66 | DSX | Diana Shipping | PairCorr |
| 0.54 | SFL | SFL Corporation | PairCorr |
The ability to find closely correlated positions to Pyxis Tankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pyxis Tankers 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 Pyxis Tankers - 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 Pyxis Tankers to buy it.
The correlation of Pyxis Tankers 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 Pyxis Tankers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pyxis Tankers 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 Pyxis Tankers 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 nation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Pyxis Preferred Stock
If you are still planning to invest in Pyxis Tankers 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 Pyxis Tankers' history and understand the potential risks before investing.
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