First National Retained Earnings vs. Net Income

FN-PB Preferred Stock  CAD 14.60  0.19  1.28%   
Taking into consideration First National's profitability measurements, First National Financial may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess First National's ability to earn profits and add value for shareholders.
For First National profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First National to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First National Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First National's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First National Financial over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between First National's value and its price as these two are different measures arrived at by different means. Investors typically determine if First National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

First National Financial Net Income vs. Retained Earnings Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First National's current stock value. Our valuation model uses many indicators to compare First National value to that of its competitors to determine the firm's financial worth.
First National Financial is one of the top stocks in retained earnings category among its peers. It also is one of the top stocks in net income category among its peers making up about  0.53  of Net Income per Retained Earnings. The ratio of Retained Earnings to Net Income for First National Financial is roughly  1.89 . 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 First National's earnings, one of the primary drivers of an investment's value.

First Net Income 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.

First National

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

 = 
477.8 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.
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.

First National

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
252.81 M
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.

First Net Income Comparison

First National is currently under evaluation in net income category among its peers.

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First National. 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 First National 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 First National's important profitability drivers and their relationship over time.

Use First National 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 First National 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 First National will appreciate offsetting losses from the drop in the long position's value.

First National Pair Trading

First National Financial Pair Trading Analysis

The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National 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 First National - 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 First National Financial to buy it.
The correlation of First National 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 First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National Financial 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 First National 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your First National position

In addition to having First National 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.

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Run Precious Metals Funds Thematic Idea Now

Precious Metals Funds
Precious Metals Funds Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 37 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 Precious Metals Funds Theme or any other thematic opportunities.
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Additional Tools for First Preferred Stock Analysis

When running First National's price analysis, check to measure First National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First National is operating at the current time. Most of First National's value examination focuses on studying past and present price action to predict the probability of First National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First National's price. Additionally, you may evaluate how the addition of First National to your portfolios can decrease your overall portfolio volatility.