Plymouth Rock Net Income vs. Return On Asset
| PLRTFDelisted Stock | USD 0.04 0.01 20.00% |
For Plymouth Rock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plymouth Rock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plymouth Rock Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plymouth Rock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plymouth Rock Technologies over time as well as its relative position and ranking within its peers.
Plymouth |
Plymouth Rock Techno Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plymouth Rock's current stock value. Our valuation model uses many indicators to compare Plymouth Rock value to that of its competitors to determine the firm's financial worth. Plymouth Rock Technologies is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 Plymouth Rock's earnings, one of the primary drivers of an investment's value.Plymouth Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Plymouth Rock |
| = | (4.97 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Plymouth Rock |
| = | -1.2 |
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.
Plymouth Return On Asset Comparison
Plymouth Rock is currently under evaluation in return on asset category among its peers.
Plymouth Rock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Plymouth Rock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plymouth Rock will eventually generate negative long term returns. The profitability progress is the general direction of Plymouth Rock's change in net profit over the period of time. It can combine multiple indicators of Plymouth Rock, 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.
Plymouth Rock Technologies Inc. focuses on developing security screening and threat detection technology solutions using radar imaging and signal processing technology. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. Plymouth Rock is traded on OTC Exchange in the United States.
Plymouth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plymouth Rock. 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 Plymouth Rock 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 Plymouth Rock's important profitability drivers and their relationship over time.
Use Plymouth Rock 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 Plymouth Rock 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 Plymouth Rock will appreciate offsetting losses from the drop in the long position's value.Plymouth Rock Pair Trading
Plymouth Rock Technologies Pair Trading Analysis
The ability to find closely correlated positions to Plymouth Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plymouth Rock 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 Plymouth Rock - 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 Plymouth Rock Technologies to buy it.
The correlation of Plymouth Rock 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 Plymouth Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plymouth Rock Techno 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 Plymouth Rock 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 Plymouth Rock position
In addition to having Plymouth Rock 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 62 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 Broad Market ETFs Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Plymouth OTC Stock
If you are still planning to invest in Plymouth Rock Techno 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 Plymouth Rock's history and understand the potential risks before investing.
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