Endocan Corp Retained Earnings vs. Price To Book
ENDO Stock | USD 0.0001 0.00 0.00% |
For Endocan Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Endocan Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Endocan Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Endocan Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Endocan Corp over time as well as its relative position and ranking within its peers.
Endocan |
Endocan Corp Price To Book vs. Retained Earnings Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Endocan Corp's current stock value. Our valuation model uses many indicators to compare Endocan Corp value to that of its competitors to determine the firm's financial worth. Endocan Corp is rated # 3 in retained earnings category among its peers. It is one of the top stocks in price to book category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Endocan Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Endocan Corp's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Endocan Price To Book vs. Retained Earnings
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Endocan Corp |
| = | (32.94 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Endocan Corp |
| = | 18.51 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Endocan Price To Book Comparison
Endocan Corp is currently under evaluation in price to book category among its peers.
Endocan Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Endocan Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Endocan Corp will eventually generate negative long term returns. The profitability progress is the general direction of Endocan Corp's change in net profit over the period of time. It can combine multiple indicators of Endocan Corp, 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.
Thermic Sciences International develops and sells hemp based products. Thermic Sciences International was incorporated in 1969 and is based in Colorado Springs, Colorado. ENDOCAN CORP operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange.
Endocan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Endocan Corp. 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 Endocan Corp 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 Endocan Corp's important profitability drivers and their relationship over time.
Use Endocan Corp 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 Endocan Corp 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 Endocan Corp will appreciate offsetting losses from the drop in the long position's value.Endocan Corp Pair Trading
Endocan Corp Pair Trading Analysis
The ability to find closely correlated positions to Endocan Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endocan Corp 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 Endocan Corp - 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 Endocan Corp to buy it.
The correlation of Endocan Corp 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 Endocan Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endocan Corp 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 Endocan Corp 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 Endocan Corp position
In addition to having Endocan Corp 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?
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Coal
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 12 constituents at this time.
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Other Information on Investing in Endocan Pink Sheet
To fully project Endocan Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Endocan Corp 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 Endocan Corp's income statement, its balance sheet, and the statement of cash flows.