ProAm Explorations Gross Profit vs. Price To Book
| PMX Stock | CAD 0.04 0.01 30.00% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 6.2 K | Current Value 5.9 K | Quarterly Volatility 22.6 K |
For ProAm Explorations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ProAm Explorations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ProAm Explorations Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ProAm Explorations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ProAm Explorations Corp over time as well as its relative position and ranking within its peers.
ProAm |
ProAm Explorations Corp Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ProAm Explorations's current stock value. Our valuation model uses many indicators to compare ProAm Explorations value to that of its competitors to determine the firm's financial worth. ProAm Explorations Corp is regarded fifth in gross profit category among its peers. It is regarded second in price to book category among its peers . The ratio of Gross Profit to Price To Book for ProAm Explorations Corp is about 22,846 . At this time, ProAm Explorations' Gross Profit is fairly stable compared to the past year. 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 ProAm Explorations' earnings, one of the primary drivers of an investment's value.ProAm Price To Book vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
ProAm Explorations |
| = | 19.84 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
ProAm Explorations |
| = | 0.87 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
ProAm Price To Book Comparison
ProAm Explorations is currently under evaluation in price to book category among its peers.
ProAm Explorations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ProAm Explorations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ProAm Explorations will eventually generate negative long term returns. The profitability progress is the general direction of ProAm Explorations' change in net profit over the period of time. It can combine multiple indicators of ProAm Explorations, 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 | -70.4 K | -74 K | |
| Net Loss | -218.3 K | -207.4 K | |
| Income Before Tax | -218.3 K | -207.4 K | |
| Total Other Income Expense Net | -133.1 K | -126.4 K | |
| Net Loss | -82.1 K | -86.2 K | |
| Net Loss | -218.3 K | -207.4 K | |
| Change To Netincome | 49.2 K | 51.7 K |
ProAm Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ProAm Explorations. 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 ProAm Explorations 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 ProAm Explorations' important profitability drivers and their relationship over time.
Use ProAm Explorations 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 ProAm Explorations 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 ProAm Explorations will appreciate offsetting losses from the drop in the long position's value.ProAm Explorations Pair Trading
ProAm Explorations Corp Pair Trading Analysis
The ability to find closely correlated positions to ProAm Explorations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProAm Explorations 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 ProAm Explorations - 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 ProAm Explorations Corp to buy it.
The correlation of ProAm Explorations 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 ProAm Explorations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProAm Explorations 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 ProAm Explorations 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 ProAm Explorations position
In addition to having ProAm Explorations 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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Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds 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 Munis Funds Theme or any other thematic opportunities.
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Additional Tools for ProAm Stock Analysis
When running ProAm Explorations' price analysis, check to measure ProAm Explorations' 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 ProAm Explorations is operating at the current time. Most of ProAm Explorations' value examination focuses on studying past and present price action to predict the probability of ProAm Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAm Explorations' price. Additionally, you may evaluate how the addition of ProAm Explorations to your portfolios can decrease your overall portfolio volatility.