Companhia Paranaense Cash And Equivalents vs. Cash Per Share

CPLE5 Stock  BRL 11.99  0.01  0.08%   
Based on the measurements of profitability obtained from Companhia Paranaense's financial statements, Companhia Paranaense de may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Companhia Paranaense's ability to earn profits and add value for shareholders.
For Companhia Paranaense profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Companhia Paranaense to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Companhia Paranaense de utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Companhia Paranaense's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Companhia Paranaense de over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Companhia Paranaense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Paranaense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Paranaense's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Companhia Paranaense Cash Per Share vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Companhia Paranaense's current stock value. Our valuation model uses many indicators to compare Companhia Paranaense value to that of its competitors to determine the firm's financial worth.
Companhia Paranaense de is rated second in cash and equivalents category among its peers. It is number one stock in cash per share category among its peers . The ratio of Cash And Equivalents to Cash Per Share for Companhia Paranaense de is about  273,752,013 . 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 Companhia Paranaense's earnings, one of the primary drivers of an investment's value.

Companhia Cash Per Share vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Companhia Paranaense

Cash

 = 

Bank Deposits

+

Liquidities

 = 
1.7 B
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Companhia Paranaense

Cash Per Share

 = 

Total Cash

Average Shares

 = 
6.21 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Companhia Cash Per Share Comparison

Companhia Paranaense is currently under evaluation in cash per share category among its peers.

Companhia Paranaense Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Companhia Paranaense, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Companhia Paranaense will eventually generate negative long term returns. The profitability progress is the general direction of Companhia Paranaense's change in net profit over the period of time. It can combine multiple indicators of Companhia Paranaense, 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.
COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paran, Brazil. Companhia Paranaense de Energia - COPEL was founded in 1954 and is headquartered in Curitiba, Brazil. Companhia Paranaense operates under Utilities - Diversified classification in Brazil and traded on Sao Paolo Stock Exchange. It employs 8344 people.

Companhia Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Companhia Paranaense. 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 Companhia Paranaense 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 Companhia Paranaense's important profitability drivers and their relationship over time.

Use Companhia Paranaense 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 Companhia Paranaense 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 Companhia Paranaense will appreciate offsetting losses from the drop in the long position's value.

Companhia Paranaense Pair Trading

Companhia Paranaense de Pair Trading Analysis

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

Use Investing Themes to Complement your Companhia Paranaense position

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Additional Tools for Companhia Stock Analysis

When running Companhia Paranaense's price analysis, check to measure Companhia Paranaense'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 Companhia Paranaense is operating at the current time. Most of Companhia Paranaense's value examination focuses on studying past and present price action to predict the probability of Companhia Paranaense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Paranaense's price. Additionally, you may evaluate how the addition of Companhia Paranaense to your portfolios can decrease your overall portfolio volatility.