Puma Exploration Return On Equity vs. Current Ratio
| PUMXF Stock | USD 0.06 0.00 0.00% |
For Puma Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Puma Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Puma Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Puma Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Puma Exploration over time as well as its relative position and ranking within its peers.
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Puma Exploration Current Ratio vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Puma Exploration's current stock value. Our valuation model uses many indicators to compare Puma Exploration value to that of its competitors to determine the firm's financial worth. Puma Exploration is regarded fourth in return on equity category among its peers. It is regarded fifth in current ratio category among its peers . 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 Puma Exploration's earnings, one of the primary drivers of an investment's value.Puma Current Ratio 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.
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| = | -0.11 |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 2.99 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Puma Current Ratio Comparison
Puma Exploration is currently under evaluation in current ratio category among its peers.
Puma Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Puma Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Puma Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Puma Exploration's change in net profit over the period of time. It can combine multiple indicators of Puma Exploration, 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.
Puma Exploration Inc., a junior mining exploration company, acquires, explores for, and develops mining properties in Canada. Its flagship project is the Williams Brook Gold project located in New Brunswick. Puma Exploration is traded on OTC Exchange in the United States.
Puma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Puma Exploration. 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 Puma Exploration 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 Puma Exploration's important profitability drivers and their relationship over time.
Use Puma Exploration 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 Puma Exploration 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 Puma Exploration will appreciate offsetting losses from the drop in the long position's value.Puma Exploration Pair Trading
Puma Exploration Pair Trading Analysis
The ability to find closely correlated positions to Puma Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Puma Exploration 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 Puma Exploration - 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 Puma Exploration to buy it.
The correlation of Puma Exploration 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 Puma Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Puma Exploration 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 Puma Exploration 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 Puma Exploration position
In addition to having Puma Exploration 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.
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Other Information on Investing in Puma OTC Stock
To fully project Puma Exploration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Puma Exploration 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 Puma Exploration's income statement, its balance sheet, and the statement of cash flows.