ProAm Explorations Price To Sales vs. Cash And Equivalents

PMX Stock  CAD 0.04  0.01  12.50%   
Based on ProAm Explorations' profitability indicators, ProAm Explorations Corp may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess ProAm Explorations' ability to earn profits and add value for shareholders.
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.
  
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Please note, there is a significant difference between ProAm Explorations' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAm Explorations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAm Explorations' 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.

ProAm Explorations Corp Cash And Equivalents vs. Price To Sales 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 considered to be number one stock in price to sales category among its peers. It is regarded fifth in cash and equivalents category among its peers creating about  161.58  of Cash And Equivalents per Price To Sales. 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 Cash And Equivalents vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

ProAm Explorations

P/S

 = 

MV Per Share

Revenue Per Share

 = 
81.94 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

ProAm Explorations

Cash

 = 

Bank Deposits

+

Liquidities

 = 
13.24 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

ProAm Cash And Equivalents Comparison

ProAm Explorations is currently under evaluation in cash and equivalents 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 ReportedProjected 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 Netincome49.2 K51.7 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.
Pair CorrelationCorrelation Matching

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.

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Consumer Discretionary ETFs Theme
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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.