Pason Systems Stock Year To Date Return
| PSI Stock | CAD 14.17 0.06 0.42% |
Pason Systems fundamentals help investors to digest information that contributes to Pason Systems' financial success or failures. It also enables traders to predict the movement of Pason Stock. The fundamental analysis module provides a way to measure Pason Systems' 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 Pason Systems stock.
Pason | Year To Date Return |
Pason Systems Company Year To Date Return Analysis
Pason Systems' Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Pason Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Pason Systems is extremely important. It helps to project a fair market value of Pason Stock properly, considering its historical fundamentals such as Year To Date Return. Since Pason Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pason Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pason Systems' interrelated accounts and indicators.
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Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Pason Return On Tangible Assets
Return On Tangible Assets |
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Based on the company's disclosures, Pason Systems has a Year To Date Return of 0.0%. This indicator is about the same for the Energy Equipment & Services average (which is currently at 0.0) sector and about the same as Energy (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
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Pason Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.07 B | ||||
| Shares Outstanding | 79.62 M | ||||
| Shares Owned By Insiders | 0.13 % | ||||
| Shares Owned By Institutions | 47.12 % | ||||
| Number Of Shares Shorted | 1.34 M | ||||
| Price To Earning | 11.42 X | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 2.82 X | ||||
| Revenue | 369.31 M | ||||
| Gross Profit | 212.56 M | ||||
| EBITDA | 161.5 M | ||||
| Net Income | 95.83 M | ||||
| Cash And Equivalents | 54.49 M | ||||
| Cash Per Share | 2.10 X | ||||
| Total Debt | 12.99 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 5.62 X | ||||
| Book Value Per Share | 6.04 X | ||||
| Cash Flow From Operations | 135.03 M | ||||
| Short Ratio | 11.31 X | ||||
| Earnings Per Share | 1.42 X | ||||
| Price To Earnings To Growth | 34.26 X | ||||
| Target Price | 18.3 | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 1.13 B | ||||
| Total Asset | 487.88 M | ||||
| Retained Earnings | 172.88 M | ||||
| Working Capital | 212.56 M | ||||
| Current Asset | 265.65 M | ||||
| Current Liabilities | 20.67 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.90 % | ||||
| Net Asset | 487.88 M | ||||
| Last Dividend Paid | 0.51 |
About Pason Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pason Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pason Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pason Systems 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 Pason Systems
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 Pason Systems 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 Pason Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Pason Stock
Moving against Pason Stock
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| 0.31 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems 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 Pason Systems - 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 Pason Systems to buy it.
The correlation of Pason Systems 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 Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems 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 Pason Systems 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 Pason Stock
Pason Systems financial ratios help investors to determine whether Pason 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 Pason with respect to the benefits of owning Pason Systems security.