Pioneering Technology Return On Equity vs. Net Income
| PTE Stock | CAD 0.01 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 3.6547249 | Current Value 3.84 | Quarterly Volatility 2.14265955 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.63 | 0.54 |
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For Pioneering Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pioneering Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pioneering Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pioneering Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pioneering Technology Corp over time as well as its relative position and ranking within its peers.
Pioneering |
Pioneering Technology Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pioneering Technology's current stock value. Our valuation model uses many indicators to compare Pioneering Technology value to that of its competitors to determine the firm's financial worth. Pioneering Technology Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in net income category among its peers . At this time, Pioneering Technology's Return On Equity 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 Pioneering Technology's earnings, one of the primary drivers of an investment's value.Pioneering Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Pioneering Technology |
| = | -0.35 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Pioneering Technology |
| = | (671.81 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Pioneering Net Income Comparison
Pioneering Technology is currently under evaluation in net income category among its peers.
Pioneering Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pioneering Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pioneering Technology will eventually generate negative long term returns. The profitability progress is the general direction of Pioneering Technology's change in net profit over the period of time. It can combine multiple indicators of Pioneering Technology, 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 | ||
| Accumulated Other Comprehensive Income | -127.8 K | -134.2 K | |
| Operating Income | -739.9 K | -776.9 K | |
| Net Loss | -772.6 K | -811.2 K | |
| Income Tax Expense | 91.7 K | 94 K | |
| Income Before Tax | -772.6 K | -811.2 K | |
| Total Other Income Expense Net | -100.2 K | -105.2 K | |
| Net Loss | -604.6 K | -634.9 K | |
| Net Loss | -562.7 K | -590.8 K | |
| Net Interest Income | -43.5 K | -45.7 K | |
| Interest Income | 48.1 K | 50.5 K | |
| Change To Netincome | 133.2 K | 126.5 K | |
| Net Loss | (9.04) | (8.59) | |
| Income Quality | 0.60 | 0.63 | |
| Net Income Per E B T | 1.31 | 1.37 |
Pioneering Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pioneering Technology. 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 Pioneering Technology 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 Pioneering Technology's important profitability drivers and their relationship over time.
Use Pioneering Technology 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 Pioneering Technology 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 Pioneering Technology will appreciate offsetting losses from the drop in the long position's value.Pioneering Technology Pair Trading
Pioneering Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Pioneering Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneering Technology 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 Pioneering Technology - 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 Pioneering Technology Corp to buy it.
The correlation of Pioneering Technology 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 Pioneering Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pioneering Technology 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 Pioneering Technology 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 Pioneering Technology position
In addition to having Pioneering Technology 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Pioneering Stock Analysis
When running Pioneering Technology's price analysis, check to measure Pioneering Technology's 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 Pioneering Technology is operating at the current time. Most of Pioneering Technology's value examination focuses on studying past and present price action to predict the probability of Pioneering Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneering Technology's price. Additionally, you may evaluate how the addition of Pioneering Technology to your portfolios can decrease your overall portfolio volatility.