Paragon Technologies Return On Equity vs. Net Income
| PGNT Stock | USD 7.65 0.05 0.65% |
For Paragon Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paragon Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paragon Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paragon Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paragon Technologies over time as well as its relative position and ranking within its peers.
Paragon |
Paragon Technologies Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paragon Technologies's current stock value. Our valuation model uses many indicators to compare Paragon Technologies value to that of its competitors to determine the firm's financial worth. Paragon Technologies 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 net income category among its peers making up about 8,765,368 of Net Income per Return On Equity. 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 Paragon Technologies' earnings, one of the primary drivers of an investment's value.Paragon Net Income 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.
Paragon Technologies |
| = | 0.38 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Paragon Technologies |
| = | 3.35 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Paragon Net Income Comparison
Paragon Technologies is currently under evaluation in net income category among its peers.
Paragon Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paragon Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paragon Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Paragon Technologies' change in net profit over the period of time. It can combine multiple indicators of Paragon Technologies, 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.
Paragon Technologies, Inc., through its subsidiaries, engages in the material handling, distribution, and real estate activities in North America, Latin America, Europe, and Asia. Paragon Technologies, Inc. was incorporated in 1958 and is based in Easton, Pennsylvania. Paragon Tech operates under Electronics Computer Distribution classification in the United States and is traded on OTC Exchange.
Paragon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paragon Technologies. 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 Paragon Technologies 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 Paragon Technologies' important profitability drivers and their relationship over time.
Use Paragon Technologies 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 Paragon Technologies 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 Paragon Technologies will appreciate offsetting losses from the drop in the long position's value.Paragon Technologies Pair Trading
Paragon Technologies Pair Trading Analysis
The ability to find closely correlated positions to Paragon Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paragon Technologies 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 Paragon Technologies - 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 Paragon Technologies to buy it.
The correlation of Paragon Technologies 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 Paragon Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paragon Technologies 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 Paragon Technologies 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 Paragon Technologies position
In addition to having Paragon Technologies 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 Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 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 Online Gaming Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Paragon Pink Sheet Analysis
When running Paragon Technologies' price analysis, check to measure Paragon Technologies' 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 Paragon Technologies is operating at the current time. Most of Paragon Technologies' value examination focuses on studying past and present price action to predict the probability of Paragon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paragon Technologies' price. Additionally, you may evaluate how the addition of Paragon Technologies to your portfolios can decrease your overall portfolio volatility.