You can utilize fundamental analysis to find out if Pason Systems is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to collect and analyze data for thirty-nine available financial ratios for Pason Systems, which can be compared to its competitors. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Pason Systems to be traded at C$13.89 in 90 days. Key indicators impacting Pason Systems' financial strength include:
Understanding current and past Pason Systems Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pason Systems' financial statements are interrelated, with each one affecting the others. For example, an increase in Pason Systems' assets may result in an increase in income on the income statement.
Pason Systems competes with Enerflex, Mullen, Secure Energy, and Ensign Energy. Pason Systems Inc. provides instrumentation and data management systems for drilling rigs. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada. PASON SYSTEMS operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Pason Systems without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pason Stock, because this is throwing your money away. Analyzing the key information contained in Pason Systems' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Pason Systems Key Financial Ratios
Pason Systems' financial ratios allow both analysts and investors to convert raw data from Pason Systems' financial statements into concise, actionable information that can be used to evaluate the performance of Pason Systems over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Pason Systems's current stock value. Our valuation model uses many indicators to compare Pason Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pason Systems competition to find correlations between indicators driving Pason Systems's intrinsic value. More Info.
Pason Systems 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 reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pason Systems is roughly 2.17 . At this time, Pason Systems' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pason Systems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pason Systems' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Pason Systems Systematic Risk
Pason Systems' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pason Systems volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Pason Systems correlated with the market. If Beta is less than 0 Pason Systems generally moves in the opposite direction as compared to the market. If Pason Systems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pason Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pason Systems is generally in the same direction as the market. If Beta > 1 Pason Systems moves generally in the same direction as, but more than the movement of the benchmark.
Pason Systems Total Assets Over Time
Today, most investors in Pason Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pason Systems' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Pason Systems growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Pason Systems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pason Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pason Systems based on widely used predictive technical indicators. In general, we focus on analyzing Pason Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pason Systems's daily price indicators and compare them against related drivers.
Pason Systems financial ratios help investors to determine whether Pason Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pason with respect to the benefits of owning Pason Systems security.