Parafin Corp Book Value Per Share vs. Return On Asset
Considering Parafin Corp's profitability and operating efficiency indicators, Parafin Corp 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 Parafin Corp's 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 board of governors.
For Parafin Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parafin Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parafin Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parafin Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parafin Corp over time as well as its relative position and ranking within its peers.
Parafin |
Parafin Corp Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parafin Corp's current stock value. Our valuation model uses many indicators to compare Parafin Corp value to that of its competitors to determine the firm's financial worth. Parafin Corp is considered to be number one stock in book value per share category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parafin Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parafin Corp's Pink Sheet. 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.Parafin Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Parafin Corp |
| = | 0.26 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Parafin Corp |
| = | -4.0E-4 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Parafin Return On Asset Comparison
Parafin Corp is currently under evaluation in return on asset category among its peers.
Parafin Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parafin Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parafin Corp will eventually generate negative long term returns. The profitability progress is the general direction of Parafin Corp's change in net profit over the period of time. It can combine multiple indicators of Parafin Corp, 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.
ParaFin Corporation, a development stage company, acquires and explores oil and gas properties in the United States. The company was founded in 1978 and is based in Reno, Nevada. PARAFIN CORP operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Parafin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parafin Corp. 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 Parafin Corp 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 Parafin Corp's important profitability drivers and their relationship over time.
Use Parafin Corp 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 Parafin Corp 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 Parafin Corp will appreciate offsetting losses from the drop in the long position's value.Parafin Corp Pair Trading
Parafin Corp Pair Trading Analysis
The ability to find closely correlated positions to Parafin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parafin Corp 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 Parafin Corp - 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 Parafin Corp to buy it.
The correlation of Parafin Corp 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 Parafin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parafin 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 Parafin Corp 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 Parafin Corp position
In addition to having Parafin Corp 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 Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
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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 board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Parafin Pink Sheet
If you are still planning to invest in Parafin 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 Parafin Corp's history and understand the potential risks before investing.
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