Panorama Capital Return On Equity vs. Current Ratio
| PANO-P Stock | CAD 0.04 0.00 0.00% |
For Panorama Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Panorama Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Panorama Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Panorama Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Panorama Capital Corp over time as well as its relative position and ranking within its peers.
Panorama |
Panorama Capital Corp Current Ratio vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Panorama Capital's current stock value. Our valuation model uses many indicators to compare Panorama Capital value to that of its competitors to determine the firm's financial worth. Panorama Capital Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in current ratio category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Panorama Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Panorama Capital's 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.Panorama Current Ratio vs. Return On Equity
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.
Panorama Capital |
| = | -0.17 |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Panorama Capital |
| = | 26.85 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Panorama Current Ratio Comparison
Panorama Capital is currently under evaluation in current ratio category among its peers.
Panorama Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Panorama Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Panorama Capital will eventually generate negative long term returns. The profitability progress is the general direction of Panorama Capital's change in net profit over the period of time. It can combine multiple indicators of Panorama Capital, 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 | ||
| Operating Income | -56.2 K | -59 K | |
| Net Loss | -56.2 K | -59 K | |
| Income Before Tax | -56.2 K | -59 K | |
| Net Loss | -99.8 K | -104.8 K | |
| Net Loss | -56.2 K | -59 K | |
| Change To Netincome | 70.8 K | 74.4 K |
Panorama Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Panorama Capital. 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 Panorama Capital 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 Panorama Capital's important profitability drivers and their relationship over time.
Use Panorama Capital 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 Panorama Capital 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 Panorama Capital will appreciate offsetting losses from the drop in the long position's value.Panorama Capital Pair Trading
Panorama Capital Corp Pair Trading Analysis
The ability to find closely correlated positions to Panorama Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Panorama Capital 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 Panorama Capital - 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 Panorama Capital Corp to buy it.
The correlation of Panorama Capital 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 Panorama Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Panorama Capital 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 Panorama Capital 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 Panorama Capital position
In addition to having Panorama Capital 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 Cars Thematic Idea Now
Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 47 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 Cars Theme or any other thematic opportunities.
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Other Information on Investing in Panorama Stock
To fully project Panorama Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Panorama Capital 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 Panorama Capital's income statement, its balance sheet, and the statement of cash flows.