Plurilock Security Return On Equity vs. Number Of Shares Shorted
| PLUR Stock | CAD 0.45 0.03 7.14% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 1.89 | Current Value 1.98 | Quarterly Volatility 8.96013981 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0908 | 0.0956 |
|
|
For Plurilock Security profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plurilock Security to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plurilock Security utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plurilock Security's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plurilock Security over time as well as its relative position and ranking within its peers.
Plurilock |
Plurilock Security Number Of Shares Shorted vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plurilock Security's current stock value. Our valuation model uses many indicators to compare Plurilock Security value to that of its competitors to determine the firm's financial worth. Plurilock Security is rated below average in return on equity category among its peers. It is regarded fifth in number of shares shorted category among its peers . At this time, Plurilock Security's Return On Equity is fairly stable compared to the past year. 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 Plurilock Security's earnings, one of the primary drivers of an investment's value.Plurilock Number Of Shares Shorted vs. Return On Equity
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.
Plurilock Security |
| = | -25.44 |
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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Plurilock Security |
| = | 677.43 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Plurilock Number Of Shares Shorted Comparison
Plurilock Security is regarded fourth in number of shares shorted category among its peers.
Plurilock Security Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Plurilock Security, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plurilock Security will eventually generate negative long term returns. The profitability progress is the general direction of Plurilock Security's change in net profit over the period of time. It can combine multiple indicators of Plurilock Security, 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 | ||
| Net Loss | -5.6 M | -5.4 M | |
| Net Interest Income | -945.1 K | -897.9 K | |
| Operating Income | -6.7 M | -7 M | |
| Net Loss | -8.2 M | -8.6 M | |
| Income Before Tax | -8.2 M | -8.6 M | |
| Total Other Income Expense Net | -593.1 K | -622.8 K | |
| Net Loss | -8.2 M | -8.6 M | |
| Income Tax Expense | -131.6 K | -138.1 K | |
| Change To Netincome | 682.6 K | 434.8 K | |
| Net Loss | (1.34) | (1.41) | |
| Income Quality | 0.27 | 0.26 | |
| Net Income Per E B T | 0.90 | 0.79 |
Plurilock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plurilock Security. 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 Plurilock Security 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 Plurilock Security's important profitability drivers and their relationship over time.
Use Plurilock Security 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 Plurilock Security 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 Plurilock Security will appreciate offsetting losses from the drop in the long position's value.Plurilock Security Pair Trading
Plurilock Security Pair Trading Analysis
The ability to find closely correlated positions to Plurilock Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plurilock Security 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 Plurilock Security - 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 Plurilock Security to buy it.
The correlation of Plurilock Security 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 Plurilock Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plurilock Security 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 Plurilock Security 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 Plurilock Security position
In addition to having Plurilock Security 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 37 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 Market Neutral Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Plurilock Stock Analysis
When running Plurilock Security's price analysis, check to measure Plurilock Security'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 Plurilock Security is operating at the current time. Most of Plurilock Security's value examination focuses on studying past and present price action to predict the probability of Plurilock Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plurilock Security's price. Additionally, you may evaluate how the addition of Plurilock Security to your portfolios can decrease your overall portfolio volatility.