Pitanium Profitability Analysis
| PTNM Stock | 10.39 0.00 0.00% |
For Pitanium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pitanium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pitanium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pitanium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pitanium over time as well as its relative position and ranking within its peers.
Check out Your Equity Center. Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pitanium. If investors know Pitanium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pitanium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Pitanium is measured differently than its book value, which is the value of Pitanium that is recorded on the company's balance sheet. Investors also form their own opinion of Pitanium's value that differs from its market value or its book value, called intrinsic value, which is Pitanium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pitanium's market value can be influenced by many factors that don't directly affect Pitanium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pitanium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pitanium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pitanium'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.
Pitanium Number Of Shares Shorted vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pitanium's current stock value. Our valuation model uses many indicators to compare Pitanium value to that of its competitors to determine the firm's financial worth. Pitanium is rated top company in current valuation category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers making about 0.01 of Number Of Shares Shorted per Current Valuation. The ratio of Current Valuation to Number Of Shares Shorted for Pitanium is roughly 109.03 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Pitanium by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Pitanium Current Valuation vs. Competition
Pitanium is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 3.02 Billion. Pitanium claims roughly 49.04 Million in current valuation contributing just under 2% to stocks in Consumer Discretionary industry.
Pitanium Number Of Shares Shorted vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Pitanium |
| = | 49.04 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Pitanium |
| = | 449.77 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.
Pitanium Number Of Shares Shorted Comparison
Pitanium is currently under evaluation in number of shares shorted category among its peers.
Pitanium Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pitanium. 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 Pitanium 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 Pitanium's important profitability drivers and their relationship over time.
Use Pitanium 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 Pitanium 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 Pitanium will appreciate offsetting losses from the drop in the long position's value.Pitanium Pair Trading
Pitanium Pair Trading Analysis
The ability to find closely correlated positions to Pitanium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pitanium 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 Pitanium - 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 Pitanium to buy it.
The correlation of Pitanium 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 Pitanium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pitanium 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 Pitanium 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 Pitanium position
In addition to having Pitanium 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. To learn how to invest in Pitanium Stock, please use our How to Invest in Pitanium guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
To fully project Pitanium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pitanium 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 Pitanium's income statement, its balance sheet, and the statement of cash flows.