Colonial Coal Price To Earning vs. Return On Asset
| CAD Stock | CAD 1.86 0.07 3.91% |
For Colonial Coal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Colonial Coal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Colonial Coal International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Colonial Coal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Colonial Coal International over time as well as its relative position and ranking within its peers.
Colonial |
Colonial Coal Intern Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Colonial Coal's current stock value. Our valuation model uses many indicators to compare Colonial Coal value to that of its competitors to determine the firm's financial worth. Colonial Coal International is rated fifth in price to earning category among its peers. It is rated third in return on asset category among its peers . Return On Assets is likely to climb to -0.05 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Colonial Coal's earnings, one of the primary drivers of an investment's value.Colonial Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Colonial Coal |
| = | (11.11) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Colonial Coal |
| = | -0.17 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Colonial Return On Asset Comparison
Colonial Coal is currently under evaluation in return on asset category among its peers.
Colonial Coal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Colonial Coal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Colonial Coal will eventually generate negative long term returns. The profitability progress is the general direction of Colonial Coal's change in net profit over the period of time. It can combine multiple indicators of Colonial Coal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -5.8 M | -5.5 M | |
| Net Loss | -5.6 M | -5.3 M | |
| Income Tax Expense | 7.8 K | 7.4 K | |
| Income Before Tax | -5.6 M | -5.9 M | |
| Total Other Income Expense Net | (876.00) | (919.80) | |
| Net Loss | -5.6 M | -5.9 M | |
| Net Loss | -8.6 M | -8.2 M | |
| Net Interest Income | 198.6 K | 208.5 K | |
| Interest Income | 203.2 K | 213.3 K | |
| Change To Netincome | 9.1 M | 9.6 M | |
| Net Loss | (0.03) | (1.11) | |
| Income Quality | 0.32 | 0.20 | |
| Net Income Per E B T | 1.15 | 1.21 |
Colonial Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Colonial Coal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Colonial Coal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Colonial Coal's important profitability drivers and their relationship over time.
Use Colonial Coal in pair-trading
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 Colonial Coal 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 Colonial Coal will appreciate offsetting losses from the drop in the long position's value.Colonial Coal Pair Trading
Colonial Coal International Pair Trading Analysis
The ability to find closely correlated positions to Colonial Coal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colonial Coal 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 Colonial Coal - 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 Colonial Coal International to buy it.
The correlation of Colonial Coal 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 Colonial Coal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colonial Coal Intern 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 Colonial Coal 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.Use Investing Themes to Complement your Colonial Coal position
In addition to having Colonial Coal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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Additional Tools for Colonial Stock Analysis
When running Colonial Coal's price analysis, check to measure Colonial Coal'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 Colonial Coal is operating at the current time. Most of Colonial Coal's value examination focuses on studying past and present price action to predict the probability of Colonial Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colonial Coal's price. Additionally, you may evaluate how the addition of Colonial Coal to your portfolios can decrease your overall portfolio volatility.