Helios Fairfax Partners Stock Return On Asset
| HFPC-U Stock | USD 2.90 0.10 3.33% |
Helios Fairfax Partners fundamentals help investors to digest information that contributes to Helios Fairfax's financial success or failures. It also enables traders to predict the movement of Helios Stock. The fundamental analysis module provides a way to measure Helios Fairfax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Helios Fairfax stock.
Helios | Return On Asset |
Helios Fairfax Partners Company Return On Asset Analysis
Helios Fairfax's 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.
Current Helios Fairfax Return On Asset | -0.0973 |
Most of Helios Fairfax's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Helios Fairfax Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Helios Net Tangible Assets
Net Tangible Assets |
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Based on the latest financial disclosure, Helios Fairfax Partners has a Return On Asset of -0.0973. This is 79.3% lower than that of the Capital Markets sector and 103.67% lower than that of the Financials industry. The return on asset for all Canada stocks is 30.5% lower than that of the firm.
Helios Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Helios Fairfax's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Helios Fairfax could also be used in its relative valuation, which is a method of valuing Helios Fairfax by comparing valuation metrics of similar companies.Helios Fairfax is currently under evaluation in return on asset category among its peers.
Helios Fundamentals
| Return On Equity | -0.21 | |||
| Return On Asset | -0.0973 | |||
| Operating Margin | 1.28 % | |||
| Current Valuation | (150.59 M) | |||
| Shares Outstanding | 52.73 M | |||
| Shares Owned By Insiders | 61.04 % | |||
| Shares Owned By Institutions | 22.87 % | |||
| Number Of Shares Shorted | 400 | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 5.99 X | |||
| Revenue | (74.57 M) | |||
| Gross Profit | 9.63 M | |||
| Net Income | 26.76 M | |||
| Cash And Equivalents | 556.01 M | |||
| Cash Per Share | 5.14 X | |||
| Total Debt | 98.93 M | |||
| Debt To Equity | 0.18 % | |||
| Current Ratio | 468.34 X | |||
| Book Value Per Share | 4.39 X | |||
| Cash Flow From Operations | (11.5 M) | |||
| Short Ratio | 0.49 X | |||
| Earnings Per Share | (0.91) X | |||
| Beta | 0.98 | |||
| Market Capitalization | 313.72 M | |||
| Total Asset | 652.61 M | |||
| Retained Earnings | (367.01 M) | |||
| Net Asset | 652.61 M |
About Helios Fairfax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Helios Fairfax Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Helios Fairfax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Helios Fairfax Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Helios Fairfax
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 Helios Fairfax 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 Helios Fairfax will appreciate offsetting losses from the drop in the long position's value.Moving against Helios Stock
| 0.8 | EOG | Eco Atlantic Oil | PairCorr |
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| 0.69 | CMC | Cielo Waste Solutions | PairCorr |
| 0.42 | NZP | Chatham Rock Phosphate | PairCorr |
The ability to find closely correlated positions to Helios Fairfax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helios Fairfax 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 Helios Fairfax - 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 Helios Fairfax Partners to buy it.
The correlation of Helios Fairfax 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 Helios Fairfax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helios Fairfax Partners 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 Helios Fairfax 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.Other Information on Investing in Helios Stock
Helios Fairfax financial ratios help investors to determine whether Helios Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Helios with respect to the benefits of owning Helios Fairfax security.