PTRA Total Asset vs. Net Asset
Based on the key profitability measurements obtained from PTRA's financial statements, PTRA may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess PTRA's ability to earn profits and add value for shareholders.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Please note, there is a significant difference between PTRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTRA'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.
For PTRA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PTRA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PTRA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PTRA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PTRA over time as well as its relative position and ranking within its peers.
PTRA |
PTRA Net Asset vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PTRA's current stock value. Our valuation model uses many indicators to compare PTRA value to that of its competitors to determine the firm's financial worth. PTRA is regarded fifth in total asset category among its peers. It also is regarded fifth in net asset category among its peers making up about 1.00 of Net Asset per Total Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value PTRA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PTRA's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.PTRA Net Asset vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
PTRA |
| = | 840.46 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
PTRA |
| = | 840.46 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
PTRA Net Asset Comparison
PTRA is currently under evaluation in net asset category among its peers.
PTRA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PTRA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PTRA will eventually generate negative long term returns. The profitability progress is the general direction of PTRA's change in net profit over the period of time. It can combine multiple indicators of PTRA, 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.
Proterra Inc. provides commercial vehicles in the United States, the European Union, Canada, Australia, and Japan. Proterra Inc. was incorporated in 2004 and is headquartered in Burlingame, California. Proterra operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 1173 people.
PTRA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PTRA. 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 PTRA 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 PTRA's important profitability drivers and their relationship over time.
Use PTRA 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 PTRA 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 PTRA will appreciate offsetting losses from the drop in the long position's value.PTRA Pair Trading
PTRA Pair Trading Analysis
The ability to find closely correlated positions to Interpublic Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interpublic Group 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 Interpublic Group - 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 Interpublic Group of to buy it.
The correlation of Interpublic Group 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 Interpublic Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interpublic Group 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 Interpublic Group 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 PTRA position
In addition to having PTRA 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 Equity ETFs Thematic Idea Now
Broad Equity ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 491 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 Equity 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 company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in PTRA Pink Sheet
If you are still planning to invest in PTRA 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 PTRA's history and understand the potential risks before investing.
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