Parafin Corp Stock Fundamentals
Parafin Corp fundamentals help investors to digest information that contributes to Parafin Corp's financial success or failures. It also enables traders to predict the movement of Parafin Pink Sheet. The fundamental analysis module provides a way to measure Parafin Corp'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 Parafin Corp pink sheet.
Parafin |
Parafin Corp Company Return On Equity Analysis
Parafin Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Parafin Corp Return On Equity | -9.0E-4 |
Most of Parafin Corp's fundamental indicators, such as Return On Equity, 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, Parafin Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Parafin Corp has a Return On Equity of -9.0E-4. This is 99.95% lower than that of the Energy sector and 100.05% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 99.71% lower than that of the firm.
Parafin Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parafin Corp's current stock value. Our valuation model uses many indicators to compare Parafin Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parafin Corp competition to find correlations between indicators driving Parafin Corp's intrinsic value. More Info.Parafin Corp 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parafin Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parafin Corp's Pink Sheet. 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.Parafin Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parafin Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Parafin Corp could also be used in its relative valuation, which is a method of valuing Parafin Corp by comparing valuation metrics of similar companies.Parafin Corp is currently under evaluation in return on equity category among its peers.
Parafin Fundamentals
| Return On Equity | -9.0E-4 | |||
| Return On Asset | -4.0E-4 | |||
| Operating Margin | (20.38) % | |||
| Current Valuation | 13.63 K | |||
| Price To Sales | 0.39 X | |||
| Revenue | 32.21 K | |||
| Gross Profit | 32.21 K | |||
| Net Income | (1.05 M) | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.26 X | |||
| Cash Flow From Operations | (1.05 M) | |||
| Beta | -41.7 | |||
| Market Capitalization | 13.63 K | |||
| Total Asset | 1.22 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 1.22 B |
Pair Trading with Parafin Corp
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 Parafin Corp 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 Parafin Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Omnicom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omnicom 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 Omnicom - 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 Omnicom Group to buy it.
The correlation of Omnicom 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 Omnicom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omnicom Group 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 Omnicom 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 signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Parafin Pink Sheet
If you are still planning to invest in Parafin Corp 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 Parafin Corp's history and understand the potential risks before investing.
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