Pure Transit Profitability Analysis
| PTTL Stock | USD 0.0001 0.00 0.00% |
For Pure Transit profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pure Transit to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pure Transit Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pure Transit's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pure Transit Technologies over time as well as its relative position and ranking within its peers.
Check out Your Equity Center. Is Recreational Vehicles 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 Pure Transit. If investors know Pure 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 Pure Transit 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 Pure Transit Technologies is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Transit's value that differs from its market value or its book value, called intrinsic value, which is Pure Transit'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 Pure Transit's market value can be influenced by many factors that don't directly affect Pure Transit'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 Pure Transit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Transit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Transit'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.
Pure Transit Technologies Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pure Transit's current stock value. Our valuation model uses many indicators to compare Pure Transit value to that of its competitors to determine the firm's financial worth. Pure Transit Technologies 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 return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Pure Transit 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.Pure Return On Asset 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.
Pure Transit |
| = | -1.92 |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Pure Transit |
| = | -0.59 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Pure Return On Asset Comparison
Pure Transit is currently under evaluation in return on asset category among its peers.
Pure Transit Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pure Transit, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pure Transit will eventually generate negative long term returns. The profitability progress is the general direction of Pure Transit's change in net profit over the period of time. It can combine multiple indicators of Pure Transit, 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.
Pure Transit Technologies, Inc. operates as an alternative fuel vehicle solutions provider in the United States. The company, formerly known as AFV Solutions, Inc., was incorporated in 2002 and is headquartered in Irvine, California. Pure Transit is traded on OTC Exchange in the United States.
Pure Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pure Transit. 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 Pure Transit 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 Pure Transit's important profitability drivers and their relationship over time.
Use Pure Transit 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 Pure Transit 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 Pure Transit will appreciate offsetting losses from the drop in the long position's value.Pure Transit Pair Trading
Pure Transit Technologies Pair Trading Analysis
The ability to find closely correlated positions to Pure Transit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pure Transit 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 Pure Transit - 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 Pure Transit Technologies to buy it.
The correlation of Pure Transit 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 Pure Transit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pure Transit Technologies 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 Pure Transit 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 Pure Transit position
In addition to having Pure Transit 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 39 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
To fully project Pure Transit's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pure Transit Technologies 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 Pure Transit's income statement, its balance sheet, and the statement of cash flows.