Pardee Resources Revenue vs. Shares Outstanding
Based on Pardee Resources' profitability indicators, Pardee Resources Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Pardee Resources' ability to earn profits and add value for shareholders.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Please note, there is a significant difference between Pardee Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pardee Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pardee Resources' 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.
For Pardee Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pardee Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pardee Resources Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pardee Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pardee Resources Co over time as well as its relative position and ranking within its peers.
Pardee |
Pardee Resources Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pardee Resources's current stock value. Our valuation model uses many indicators to compare Pardee Resources value to that of its competitors to determine the firm's financial worth. Pardee Resources Co is rated top company in revenue category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 0.01 of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for Pardee Resources Co is roughly 69.83 . 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 Pardee Resources' earnings, one of the primary drivers of an investment's value.Pardee Revenue vs. Competition
Pardee Resources Co is rated top company in revenue category among its peers. Market size based on revenue of Oil & Gas Equipment & Services industry is at this time estimated at about 97.31 Billion. Pardee Resources adds roughly 50.63 Million in revenue claiming only tiny portion of all equities under Oil & Gas Equipment & Services industry.
Pardee Shares Outstanding vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Pardee Resources |
| = | 50.63 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Pardee Resources |
| = | 725 K |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Pardee Shares Outstanding Comparison
Pardee Resources is currently under evaluation in shares outstanding category among its peers.
Pardee Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pardee Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pardee Resources will eventually generate negative long term returns. The profitability progress is the general direction of Pardee Resources' change in net profit over the period of time. It can combine multiple indicators of Pardee Resources, 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.
Pardee Resources Company, Inc., through its subsidiaries, owns, acquires, develops, and manages natural resource properties. Pardee Resources Company, Inc. was founded in 1840 and is headquartered in Philadelphia, Pennsylvania. Pardee Resources operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange.
Pardee Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pardee Resources. 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 Pardee Resources 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 Pardee Resources' important profitability drivers and their relationship over time.
Use Pardee Resources 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 Pardee Resources 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 Pardee Resources will appreciate offsetting losses from the drop in the long position's value.Pardee Resources Pair Trading
Pardee Resources Co Pair Trading Analysis
The ability to find closely correlated positions to Pardee Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pardee Resources 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 Pardee Resources - 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 Pardee Resources Co to buy it.
The correlation of Pardee Resources 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 Pardee Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pardee Resources 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 Pardee Resources 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 Pardee Resources position
In addition to having Pardee Resources 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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Additional Tools for Pardee Pink Sheet Analysis
When running Pardee Resources' price analysis, check to measure Pardee Resources' 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 Pardee Resources is operating at the current time. Most of Pardee Resources' value examination focuses on studying past and present price action to predict the probability of Pardee Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pardee Resources' price. Additionally, you may evaluate how the addition of Pardee Resources to your portfolios can decrease your overall portfolio volatility.