Logansport Financial Price To Earning vs. Price To Book
| LOGNDelisted Stock | USD 40.50 0.00 0.00% |
For Logansport Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Logansport Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Logansport Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Logansport Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Logansport Financial Corp over time as well as its relative position and ranking within its peers.
Logansport |
Logansport Financial Corp Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Logansport Financial's current stock value. Our valuation model uses many indicators to compare Logansport Financial value to that of its competitors to determine the firm's financial worth. Logansport Financial Corp is rated third overall in price to earning category among its peers. It also is rated third overall in price to book category among its peers fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Logansport Financial Corp is roughly 9.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Logansport Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Logansport Financial's OTC Stock. 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.Logansport Price To Book vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Logansport Financial |
| = | 7.79 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Logansport Financial |
| = | 0.84 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.
Logansport Price To Book Comparison
Logansport Financial is currently under evaluation in price to book category among its peers.
Logansport Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Logansport Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Logansport Financial will eventually generate negative long term returns. The profitability progress is the general direction of Logansport Financial's change in net profit over the period of time. It can combine multiple indicators of Logansport Financial, 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.
Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. Logansport Financial Corp. was founded in 1925 and is based in Logansport, Indiana. Logansport Finl operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Logansport Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Logansport Financial. 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 Logansport Financial 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 Logansport Financial's important profitability drivers and their relationship over time.
Use Logansport Financial 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 Logansport Financial 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 Logansport Financial will appreciate offsetting losses from the drop in the long position's value.Logansport Financial Pair Trading
Logansport Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Logansport Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Logansport Financial 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 Logansport Financial - 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 Logansport Financial Corp to buy it.
The correlation of Logansport Financial 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 Logansport Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Logansport Financial 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 Logansport Financial 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 Logansport Financial position
In addition to having Logansport Financial 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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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Logansport Financial Corp information on this page should be used as a complementary analysis to other Logansport Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Logansport OTC Stock
If you are still planning to invest in Logansport Financial Corp 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 Logansport Financial's history and understand the potential risks before investing.
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