Pieridae Energy Stock Number Of Employees

PEA Stock  CAD 0.26  0.01  3.70%   
Pieridae Energy fundamentals help investors to digest information that contributes to Pieridae Energy's financial success or failures. It also enables traders to predict the movement of Pieridae Stock. The fundamental analysis module provides a way to measure Pieridae Energy'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 Pieridae Energy stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Pieridae Energy Company Number Of Employees Analysis

Pieridae Energy's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Number of Employees

 = 

Full Time

+

Part Time

More About Number Of Employees | All Equity Analysis

Current Pieridae Energy Number Of Employees

    
  261  
Most of Pieridae Energy's fundamental indicators, such as Number Of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pieridae Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pieridae Number Of Employees Driver Correlations

Understanding the fundamental principles of building solid financial models for Pieridae Energy is extremely important. It helps to project a fair market value of Pieridae Stock properly, considering its historical fundamentals such as Number Of Employees. Since Pieridae Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pieridae Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pieridae Energy's interrelated accounts and indicators.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Competition

Based on the recorded statements, Pieridae Energy is currently employing 261 people. This is 97.45% lower than that of the Oil, Gas & Consumable Fuels sector and 79.95% lower than that of the Energy industry. The number of employees for all Canada stocks is 98.61% higher than that of the company.

Pieridae Number Of Employees Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pieridae Energy's direct or indirect competition against its Number Of Employees to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pieridae Energy could also be used in its relative valuation, which is a method of valuing Pieridae Energy by comparing valuation metrics of similar companies.
Pieridae Energy is currently under evaluation in number of employees category among its peers.

Pieridae Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Pieridae Energy from analyzing Pieridae Energy's financial statements. These drivers represent accounts that assess Pieridae Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pieridae Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap72.0M75.1M48.9M197.8M54.9M47.5M
Enterprise Value270.9M286.6M257.0M382.4M212.2M222.9M

Pieridae Fundamentals

About Pieridae Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pieridae Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pieridae Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pieridae Energy 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 Pieridae Energy

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 Pieridae Energy 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 Pieridae Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Pieridae Stock

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The ability to find closely correlated positions to Pieridae Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pieridae Energy 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 Pieridae Energy - 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 Pieridae Energy to buy it.
The correlation of Pieridae Energy 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 Pieridae Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pieridae Energy 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 Pieridae Energy 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Pieridae Stock

Pieridae Energy financial ratios help investors to determine whether Pieridae 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 Pieridae with respect to the benefits of owning Pieridae Energy security.