Jadestone Energy Price To Book vs. Return On Equity
| JSE Stock | 25.70 0.30 1.15% |
For Jadestone Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jadestone Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jadestone Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jadestone Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jadestone Energy over time as well as its relative position and ranking within its peers.
Jadestone |
Jadestone Energy Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jadestone Energy's current stock value. Our valuation model uses many indicators to compare Jadestone Energy value to that of its competitors to determine the firm's financial worth. Jadestone Energy is currently regarded as number one stock in price to book category among its peers. It also is currently regarded as number one stock in return on 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 Jadestone Energy's earnings, one of the primary drivers of an investment's value.Jadestone Return On Equity vs. Price To Book
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.
Jadestone Energy |
| = | 18.55 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Jadestone Energy |
| = | -1.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Jadestone Return On Equity Comparison
Jadestone Energy is currently under evaluation in return on equity category among its peers.
Jadestone Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jadestone Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jadestone Energy will eventually generate negative long term returns. The profitability progress is the general direction of Jadestone Energy's change in net profit over the period of time. It can combine multiple indicators of Jadestone Energy, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 159.8 M | 167.8 M | |
| Operating Income | -40.9 M | -38.8 M | |
| Income Before Tax | -102.8 M | -97.6 M | |
| Total Other Income Expense Net | -61.9 M | -58.8 M | |
| Net Loss | -102.8 M | -97.6 M | |
| Income Tax Expense | -11.5 M | -10.9 M | |
| Net Loss | -91.3 M | -86.7 M | |
| Net Loss | -15.8 M | -16.6 M | |
| Net Interest Income | -6 M | -6.3 M | |
| Interest Income | 4.5 M | 4.7 M | |
| Change To Netincome | 47.3 M | 49.7 M |
Jadestone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jadestone Energy. 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 Jadestone Energy 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 Jadestone Energy's important profitability drivers and their relationship over time.
Use Jadestone Energy 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 Jadestone Energy 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 Jadestone Energy will appreciate offsetting losses from the drop in the long position's value.Jadestone Energy Pair Trading
Jadestone Energy Pair Trading Analysis
The ability to find closely correlated positions to Jadestone Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jadestone Energy 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 Jadestone Energy - 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 Jadestone Energy to buy it.
The correlation of Jadestone Energy 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 Jadestone Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jadestone Energy 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 Jadestone Energy 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 Jadestone Energy position
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Other Information on Investing in Jadestone Stock
To fully project Jadestone Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jadestone Energy 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 Jadestone Energy's income statement, its balance sheet, and the statement of cash flows.