Prime Dividend Return On Equity vs. Cash Per Share
| PDV Stock | CAD 8.35 0.02 0.24% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.04) | Current Value (0.03) | Quarterly Volatility 0.2299892 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.73 |
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For Prime Dividend profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prime Dividend to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prime Dividend Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prime Dividend's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prime Dividend Corp over time as well as its relative position and ranking within its peers.
Prime |
Prime Dividend Corp Cash Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prime Dividend's current stock value. Our valuation model uses many indicators to compare Prime Dividend value to that of its competitors to determine the firm's financial worth. Prime Dividend Corp is regarded fourth in return on equity category among its peers. It is regarded third in cash per share category among its peers . At this time, Prime Dividend's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prime Dividend by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prime Dividend'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.Prime Cash Per Share 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.
Prime Dividend |
| = | -0.19 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Prime Dividend |
| = | 14.02 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Prime Cash Per Share Comparison
Prime Dividend is currently under evaluation in cash per share category among its peers.
Prime Dividend Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prime Dividend, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prime Dividend will eventually generate negative long term returns. The profitability progress is the general direction of Prime Dividend's change in net profit over the period of time. It can combine multiple indicators of Prime Dividend, 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 | -135.5 K | -128.7 K | |
| Net Loss | -750.6 K | -713.1 K | |
| Income Tax Expense | -959.1 K | -911.1 K | |
| Income Before Tax | -135.5 K | -128.7 K | |
| Total Other Income Expense Net | -674.7 K | -640.9 K | |
| Net Loss | -135.5 K | -128.7 K | |
| Net Loss | -1.1 M | -1.1 M | |
| Net Interest Income | 25.5 K | 26.8 K | |
| Interest Income | 25.5 K | 26.8 K | |
| Change To Netincome | 3.3 M | 1.9 M | |
| Net Loss | (0.28) | (0.26) | |
| Income Quality | (1.46) | (1.54) | |
| Net Income Per E B T | 0.21 | 0.20 |
Prime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prime Dividend. 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 Prime Dividend 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 Prime Dividend's important profitability drivers and their relationship over time.
Use Prime Dividend 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 Prime Dividend 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 Prime Dividend will appreciate offsetting losses from the drop in the long position's value.Prime Dividend Pair Trading
Prime Dividend Corp Pair Trading Analysis
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend 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 Prime Dividend - 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 Prime Dividend Corp to buy it.
The correlation of Prime Dividend 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 Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend 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 Prime Dividend 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 Prime Dividend position
In addition to having Prime Dividend 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 41 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 Farming Theme or any other thematic opportunities.
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Other Information on Investing in Prime Stock
To fully project Prime Dividend's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prime Dividend 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 Prime Dividend's income statement, its balance sheet, and the statement of cash flows.