| POW Stock | | | CAD 47.16 0.12 0.26% |
Considering Power's profitability and operating efficiency indicators, Power may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in December. Profitability indicators assess Power's ability to earn profits and add value for shareholders. At this time, Power's
Price To Sales Ratio is very stable compared to the past year. As of the 30th of November 2024,
Price Sales Ratio is likely to grow to 0.57, while
Days Sales Outstanding is likely to drop 32.32. At this time, Power's
Income Quality is very stable compared to the past year.
For Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power 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 Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power's 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.
Power Market Capitalization vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Power's current stock value. Our valuation model uses many indicators to compare Power value to that of its competitors to determine the firm's financial worth.
Power is regarded
fourth in price to earning category among its peers. It is rated
below average in market capitalization category among its peers creating about
2,765,611,352 of Market Capitalization per Price To Earning. At this time, Power's Market Cap is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Power's Stock. 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.
Power Market Capitalization vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Power | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 10.96 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Power | Market Cap | = | Shares Outstanding | X | Share Price |
| = | 30.31 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Power Market Capitalization vs Competition
Power is rated
below average in market capitalization category among its peers.
Market capitalization of
Financials industry is at this time estimated at about 271.52 Billion. Power retains roughly 30.31 Billion in market capitalization claiming about 11% of equities under Financials industry.
Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power will eventually generate negative long term returns. The profitability progress is the general direction of Power's change in net profit over the period of time. It can combine
multiple indicators of Power, 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.
Power Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Power. 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 Power 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 Power's important profitability drivers and their relationship over time.
Use Power 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 Power 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 Power will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power 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 Power - 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 Power to buy it.
The correlation of Power 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 Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power 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 Power 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 Power position
In addition to having Power 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.
Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 42 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
Plastics Theme or any other
thematic opportunities.
Other Information on Investing in Power Stock
To fully project Power's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Power 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 Power's income statement, its balance sheet, and the statement of cash flows.
Potential Power investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Power investors may work on each financial statement separately, they are all related. The changes in Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
