Cadiz Depositary Shares Preferred Stock Price To Earnings To Growth
| CDZIP Preferred Stock | USD 16.82 0.09 0.53% |
Cadiz Depositary Shares fundamentals help investors to digest information that contributes to Cadiz Depositary's financial success or failures. It also enables traders to predict the movement of Cadiz Preferred Stock. The fundamental analysis module provides a way to measure Cadiz Depositary's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cadiz Depositary preferred stock.
Cadiz |
Cadiz Depositary Shares Company Price To Earnings To Growth Analysis
Cadiz Depositary's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Cadiz Depositary Shares has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Utilities sector and about the same as Utilities—Regulated Water (which currently averages 0.0) industry. The price to earnings to growth for all United States preferred stocks is 100.0% higher than that of the company.
Did you try this?
Run Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Cadiz Depositary ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cadiz Depositary's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cadiz Depositary's managers, analysts, and investors.Environmental | Governance | Social |
Cadiz Fundamentals
| Return On Equity | -0.6 | ||||
| Return On Asset | -0.086 | ||||
| Operating Margin | (14.44) % | ||||
| Current Valuation | 1.09 B | ||||
| Number Of Shares Shorted | 3.94 K | ||||
| Revenue | 564 K | ||||
| Gross Profit | 564 K | ||||
| EBITDA | (21.21 M) | ||||
| Net Income | (31.25 M) | ||||
| Cash And Equivalents | 13.24 M | ||||
| Cash Per Share | 0.26 X | ||||
| Total Debt | 46.48 M | ||||
| Debt To Equity | 1.80 % | ||||
| Current Ratio | 4.35 X | ||||
| Book Value Per Share | 0.63 X | ||||
| Cash Flow From Operations | (15.27 M) | ||||
| Short Ratio | 0.79 X | ||||
| Earnings Per Share | (0.83) X | ||||
| Number Of Employees | 10 | ||||
| Beta | 0.71 | ||||
| Total Asset | 112.49 M | ||||
| Annual Yield | 0.13 % | ||||
| Net Asset | 112.49 M |
About Cadiz Depositary Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cadiz Depositary Shares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadiz Depositary using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadiz Depositary Shares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cadiz Depositary
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 Cadiz Depositary 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 Cadiz Depositary will appreciate offsetting losses from the drop in the long position's value.Moving together with Cadiz Preferred Stock
Moving against Cadiz Preferred Stock
| 0.8 | ES | Eversource Energy | PairCorr |
| 0.76 | FE | FirstEnergy Sell-off Trend | PairCorr |
| 0.75 | CWT | California Water Service | PairCorr |
| 0.74 | SJW | SJW Group Common | PairCorr |
| 0.72 | AWK | American Water Works | PairCorr |
The ability to find closely correlated positions to Cadiz Depositary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadiz Depositary 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 Cadiz Depositary - 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 Cadiz Depositary Shares to buy it.
The correlation of Cadiz Depositary 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 Cadiz Depositary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadiz Depositary Shares 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 Cadiz Depositary 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.Additional Tools for Cadiz Preferred Stock Analysis
When running Cadiz Depositary's price analysis, check to measure Cadiz Depositary's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadiz Depositary is operating at the current time. Most of Cadiz Depositary's value examination focuses on studying past and present price action to predict the probability of Cadiz Depositary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadiz Depositary's price. Additionally, you may evaluate how the addition of Cadiz Depositary to your portfolios can decrease your overall portfolio volatility.