Pinelawn Cemetery Stock Fundamentals
| PLWN Stock | USD 555.00 0.00 0.00% |
Pinelawn Cemetery fundamentals help investors to digest information that contributes to Pinelawn Cemetery's financial success or failures. It also enables traders to predict the movement of Pinelawn Pink Sheet. The fundamental analysis module provides a way to measure Pinelawn Cemetery'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 Pinelawn Cemetery pink sheet.
Pinelawn |
Pinelawn Cemetery Company Beta Analysis
Pinelawn Cemetery's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pinelawn Cemetery Beta | -0.18 |
Most of Pinelawn Cemetery's fundamental indicators, such as Beta, 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, Pinelawn Cemetery is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Pinelawn Cemetery has a Beta of -0.18. This is 121.43% lower than that of the Consumer Cyclical sector and 115.0% lower than that of the Personal Services industry. The beta for all United States stocks is 20.0% higher than that of the company.
Pinelawn Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pinelawn Cemetery's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Pinelawn Cemetery could also be used in its relative valuation, which is a method of valuing Pinelawn Cemetery by comparing valuation metrics of similar companies.Pinelawn Cemetery is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Pinelawn Cemetery are expected to decrease at a much lower rate. During the bear market, Pinelawn Cemetery is likely to outperform the market.
Pinelawn Fundamentals
| Beta | -0.18 | |||
| Annual Yield | 0.06 % |
About Pinelawn Cemetery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pinelawn Cemetery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinelawn Cemetery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinelawn Cemetery 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.It primarily offers cremation services at Memorial Gardens and Garden Mausoleums. PINELAWN CEMETERY is traded on OTC Exchange in the United States.
Pair Trading with Pinelawn Cemetery
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 Pinelawn Cemetery 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 Pinelawn Cemetery will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinelawn Pink Sheet
| 0.68 | HRB | HR Block Sell-off Trend | PairCorr |
Moving against Pinelawn Pink Sheet
| 0.86 | DSEY | Diversey Holdings | PairCorr |
| 0.61 | FTDR | Frontdoor | PairCorr |
| 0.46 | CRS | Carpenter Technology | PairCorr |
| 0.45 | MCW | Mister Car Wash | PairCorr |
| 0.44 | FSTF | First State Financial | PairCorr |
The ability to find closely correlated positions to Pinelawn Cemetery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinelawn Cemetery 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 Pinelawn Cemetery - 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 Pinelawn Cemetery to buy it.
The correlation of Pinelawn Cemetery 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 Pinelawn Cemetery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinelawn Cemetery 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 Pinelawn Cemetery 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 Pinelawn Pink Sheet
Pinelawn Cemetery financial ratios help investors to determine whether Pinelawn Pink Sheet 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 Pinelawn with respect to the benefits of owning Pinelawn Cemetery security.