Poly Medicure Earnings Per Share vs. Retained Earnings
| POLYMED Stock | 2,181 27.30 1.27% |
For Poly Medicure profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Poly Medicure to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Poly Medicure Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Poly Medicure's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Poly Medicure Limited over time as well as its relative position and ranking within its peers.
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Poly Medicure Limited Retained Earnings vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Poly Medicure's current stock value. Our valuation model uses many indicators to compare Poly Medicure value to that of its competitors to determine the firm's financial worth. Poly Medicure Limited is considered to be number one stock in earnings per share category among its peers. It also is considered to be number one stock in retained earnings category among its peers reporting about 225,452,774 of Retained Earnings per Earnings Per Share. 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 Poly Medicure's earnings, one of the primary drivers of an investment's value.Poly Retained Earnings vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Poly Medicure |
| = | 32.44 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Poly Medicure |
| = | 7.31 B |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Poly Retained Earnings Comparison
Poly Medicure is currently under evaluation in retained earnings category among its peers.
Poly Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Poly Medicure. 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 Poly Medicure 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 Poly Medicure's important profitability drivers and their relationship over time.
Use Poly Medicure 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 Poly Medicure 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 Poly Medicure will appreciate offsetting losses from the drop in the long position's value.Poly Medicure Pair Trading
Poly Medicure Limited Pair Trading Analysis
The ability to find closely correlated positions to Poly Medicure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Poly Medicure 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 Poly Medicure - 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 Poly Medicure Limited to buy it.
The correlation of Poly Medicure 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 Poly Medicure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Poly Medicure Limited 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 Poly Medicure 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 Poly Medicure position
In addition to having Poly Medicure 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Poly Stock
To fully project Poly Medicure's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Poly Medicure Limited 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 Poly Medicure's income statement, its balance sheet, and the statement of cash flows.