PyroGenesis Canada Revenue vs. Gross Profit
| PYRDelisted Stock | USD 0.63 0.00 0.00% |
For PyroGenesis Canada profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PyroGenesis Canada to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PyroGenesis Canada utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PyroGenesis Canada's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PyroGenesis Canada over time as well as its relative position and ranking within its peers.
PyroGenesis |
PyroGenesis Canada Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PyroGenesis Canada's current stock value. Our valuation model uses many indicators to compare PyroGenesis Canada value to that of its competitors to determine the firm's financial worth. PyroGenesis Canada is rated below average in revenue category among its peers. It is rated below average in gross profit category among its peers fabricating about 0.99 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for PyroGenesis Canada is roughly 1.01 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PyroGenesis Canada 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.PyroGenesis Revenue vs. Competition
PyroGenesis Canada is rated below average in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 62.9 Billion. PyroGenesis Canada adds roughly 12.62 Million in revenue claiming only tiny portion of equities under Industrials industry.
PyroGenesis Gross Profit 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.
PyroGenesis Canada |
| = | 12.62 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
PyroGenesis Canada |
| = | 12.52 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
PyroGenesis Gross Profit Comparison
PyroGenesis Canada is currently under evaluation in gross profit category among its peers.
PyroGenesis Canada Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PyroGenesis Canada, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PyroGenesis Canada will eventually generate negative long term returns. The profitability progress is the general direction of PyroGenesis Canada's change in net profit over the period of time. It can combine multiple indicators of PyroGenesis Canada, 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.
PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes plasma processes and systems in Canada and internationally. Additionally, it offers installation, commissioning, and start-up services. Pyrogenesis Cda operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange.
PyroGenesis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PyroGenesis Canada. 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 PyroGenesis Canada 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 PyroGenesis Canada's important profitability drivers and their relationship over time.
Use PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada will appreciate offsetting losses from the drop in the long position's value.PyroGenesis Canada Pair Trading
PyroGenesis Canada Pair Trading Analysis
The ability to find closely correlated positions to PyroGenesis Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PyroGenesis Canada 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 PyroGenesis Canada - 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 PyroGenesis Canada to buy it.
The correlation of PyroGenesis Canada 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 PyroGenesis Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada position
In addition to having PyroGenesis Canada 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in PyroGenesis Stock
If you are still planning to invest in PyroGenesis Canada check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PyroGenesis Canada's history and understand the potential risks before investing.
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