Panex Res Net Income vs. Debt To Equity
Panex Res Debt To Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Panex Res's current stock value. Our valuation model uses many indicators to compare Panex Res value to that of its competitors to determine the firm's financial worth. Panex Res is one of the top stocks in net income category among its peers. It also is one of the top stocks in debt to equity category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Panex Res' earnings, one of the primary drivers of an investment's value.Panex Debt To Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Panex Res |
| = | (163.41 K) |
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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Panex Res |
| = | 0.03 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Panex Debt To Equity Comparison
Panex Res is currently under evaluation in debt to equity category among its peers.
Panex Res Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Panex Res, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Panex Res will eventually generate negative long term returns. The profitability progress is the general direction of Panex Res' change in net profit over the period of time. It can combine multiple indicators of Panex Res, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Panex Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral resources. The company was founded in 2004 and is based in Surrey, Canada. Panex Resources is traded on OTC Exchange in the United States.
Panex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Panex Res. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Panex Res position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Panex Res' important profitability drivers and their relationship over time.
Panex Res Earnings per Share Projection vs Actual
Use Panex Res in pair-trading
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 Panex Res 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 Panex Res will appreciate offsetting losses from the drop in the long position's value.Panex Res Pair Trading
Panex Res Pair Trading Analysis
The ability to find closely correlated positions to Panex Res could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Panex Res 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 Panex Res - 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 Panex Res to buy it.
The correlation of Panex Res 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 Panex Res moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Panex Res 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 Panex Res 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.Use Investing Themes to Complement your Panex Res position
In addition to having Panex Res in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 3 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cigarettes Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Panex Pink Sheet
To fully project Panex Res' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Panex Res at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Panex Res' income statement, its balance sheet, and the statement of cash flows.