Petrus Resources Revenue vs. Number Of Shares Shorted
| PRQ Stock | CAD 1.32 0.01 0.75% |
Total Revenue | First Reported 2006-03-31 | Previous Quarter 17.9 M | Current Value 22.1 M | Quarterly Volatility 8.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.63 | 0.4256 |
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For Petrus Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Petrus Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Petrus Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Petrus Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Petrus Resources over time as well as its relative position and ranking within its peers.
Petrus |
Petrus Resources Number Of Shares Shorted vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Petrus Resources's current stock value. Our valuation model uses many indicators to compare Petrus Resources value to that of its competitors to determine the firm's financial worth. Petrus Resources is rated below average in revenue category among its peers. It also is rated below average in number of shares shorted category among its peers . The ratio of Revenue to Number Of Shares Shorted for Petrus Resources is about 13,441 . At this time, Petrus Resources' Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Petrus Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Petrus Resources' 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.Petrus Revenue vs. Competition
Petrus Resources is rated below average in revenue category among its peers. Market size based on revenue of Energy industry is at this time estimated at about 11.31 Billion. Petrus Resources maintains roughly 93.72 Million in revenue contributing less than 1% to equities under Energy industry.
Petrus Number Of Shares Shorted vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Petrus Resources |
| = | 93.72 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Petrus Resources |
| = | 6.97 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Petrus Number Of Shares Shorted Comparison
Petrus Resources is currently under evaluation in number of shares shorted category among its peers.
Petrus Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Petrus Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Petrus Resources will eventually generate negative long term returns. The profitability progress is the general direction of Petrus Resources' change in net profit over the period of time. It can combine multiple indicators of Petrus Resources, 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 | 5.3 M | 5.6 M | |
| Net Loss | -1.2 M | -1.3 M | |
| Income Tax Expense | -22.6 M | -21.4 M | |
| Income Before Tax | -2.5 M | -2.6 M | |
| Total Other Income Expense Net | -1 M | -1.1 M | |
| Net Loss | -1.2 M | -1.3 M | |
| Net Income Applicable To Common Shares | 70 M | 73.5 M | |
| Interest Income | 2.8 M | 2.6 M | |
| Net Interest Income | -6.8 M | -7.1 M | |
| Change To Netincome | -7.5 M | -7.1 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | (47.13) | (44.78) | |
| Net Income Per E B T | 0.50 | 0.77 |
Petrus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Petrus Resources. 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 Petrus Resources 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 Petrus Resources' important profitability drivers and their relationship over time.
Use Petrus Resources 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 Petrus Resources 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 Petrus Resources will appreciate offsetting losses from the drop in the long position's value.Petrus Resources Pair Trading
Petrus Resources Pair Trading Analysis
The ability to find closely correlated positions to Petrus Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Petrus Resources 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 Petrus Resources - 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 Petrus Resources to buy it.
The correlation of Petrus Resources 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 Petrus Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petrus Resources 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 Petrus Resources 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 Petrus Resources position
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Other Information on Investing in Petrus Stock
To fully project Petrus Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Petrus Resources 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 Petrus Resources' income statement, its balance sheet, and the statement of cash flows.