PICC Property Cash And Equivalents vs. Shares Outstanding

PJC Stock  EUR 1.41  0.01  0.70%   
Based on the key profitability measurements obtained from PICC Property's financial statements, PICC Property and 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 PICC Property's ability to earn profits and add value for shareholders.
For PICC Property profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PICC Property to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PICC Property and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PICC Property's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PICC Property and 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 PICC Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if PICC Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PICC Property'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.

PICC Property Shares Outstanding vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining PICC Property's current stock value. Our valuation model uses many indicators to compare PICC Property value to that of its competitors to determine the firm's financial worth.
PICC Property and is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about  1.07  of Shares Outstanding per Cash And Equivalents. 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 PICC Property's earnings, one of the primary drivers of an investment's value.

PICC Shares Outstanding 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.

PICC Property

Cash

 = 

Bank Deposits

+

Liquidities

 = 
6.43 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).
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

PICC Property

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
6.9 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

PICC Shares Outstanding Comparison

PICC Property is currently under evaluation in shares outstanding category among its peers.

PICC Property Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in PICC Property, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PICC Property will eventually generate negative long term returns. The profitability progress is the general direction of PICC Property's change in net profit over the period of time. It can combine multiple indicators of PICC Property, 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.
PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the Peoples Republic of China. PICC Property and Casualty Company Limited is a subsidiary of The Peoples Insurance Company of China Limited. PICC PROPERTYCASU is traded on Frankfurt Stock Exchange in Germany.

PICC Profitability Driver Comparison

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

Use PICC Property 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 PICC Property 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 PICC Property will appreciate offsetting losses from the drop in the long position's value.

PICC Property Pair Trading

PICC Property and Pair Trading Analysis

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

In addition to having PICC Property 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.

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Other Information on Investing in PICC Stock

To fully project PICC Property's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PICC Property at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PICC Property's income statement, its balance sheet, and the statement of cash flows.
Potential PICC Property investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although PICC Property investors may work on each financial statement separately, they are all related. The changes in PICC Property's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PICC Property's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.