Procyon Stock Filter Stocks by Fundamentals
Procyon fundamentals help investors to digest information that contributes to Procyon's financial success or failures. It also enables traders to predict the movement of Procyon Pink Sheet. The fundamental analysis module provides a way to measure Procyon'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 Procyon pink sheet.
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Procyon Fundamentals
| Return On Equity | -0.0934 | |||
| Return On Asset | -0.0501 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 1.82 M | |||
| Shares Outstanding | 8.09 M | |||
| Shares Owned By Insiders | 65.00 % | |||
| Price To Earning | 8.00 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 4.84 M | |||
| Gross Profit | 3.49 M | |||
| EBITDA | (19.2 K) | |||
| Net Income | (209.79 K) | |||
| Cash And Equivalents | 1.04 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 694.3 K | |||
| Debt To Equity | 0.26 % | |||
| Current Ratio | 4.02 X | |||
| Book Value Per Share | 0.31 X | |||
| Cash Flow From Operations | (229.46 K) | |||
| Earnings Per Share | 0.03 X | |||
| Number Of Employees | 19 | |||
| Beta | -0.35 | |||
| Market Capitalization | 2 M | |||
| Total Asset | 3.8 M | |||
| Retained Earnings | (2.46 M) | |||
| Working Capital | 1.04 M | |||
| Current Asset | 1.88 M | |||
| Current Liabilities | 842.7 K | |||
| Z Score | 2.2 | |||
| Net Asset | 3.8 M |
About Procyon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Procyon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Procyon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Procyon 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 Procyon
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 Procyon 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 Procyon will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Procyon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procyon 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 Procyon - 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 Procyon to buy it.
The correlation of Procyon 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 Procyon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procyon 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 Procyon 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.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 various price indices. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Tools for Procyon Pink Sheet
When running Procyon's price analysis, check to measure Procyon'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 Procyon is operating at the current time. Most of Procyon's value examination focuses on studying past and present price action to predict the probability of Procyon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procyon's price. Additionally, you may evaluate how the addition of Procyon to your portfolios can decrease your overall portfolio volatility.
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