Cobalt Power Cash Per Share vs. Total Debt
| PGP Stock | CAD 0.02 0.01 20.00% |
For Cobalt Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cobalt Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cobalt Power Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cobalt Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cobalt Power Group over time as well as its relative position and ranking within its peers.
Cobalt |
Cobalt Power Group Total Debt vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cobalt Power's current stock value. Our valuation model uses many indicators to compare Cobalt Power value to that of its competitors to determine the firm's financial worth. Cobalt Power Group is considered to be number one stock in cash per share category among its peers. It is regarded second in total debt category among its peers making up about 2,346,886 of Total Debt per Cash Per Share. 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 Cobalt Power's earnings, one of the primary drivers of an investment's value.Cobalt Total Debt vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Cobalt Power |
| = | 0.07 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Cobalt Power |
| = | 164.28 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cobalt Total Debt vs Competition
Cobalt Power Group is regarded second in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 47.33 Billion. Cobalt Power adds roughly 164,282 in total debt claiming only tiny portion of all equities under Materials industry.
Cobalt Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cobalt Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cobalt Power will eventually generate negative long term returns. The profitability progress is the general direction of Cobalt Power's change in net profit over the period of time. It can combine multiple indicators of Cobalt Power, 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 | ||
| Operating Income | -199.7 K | -209.7 K | |
| Net Loss | -184.1 K | -193.3 K | |
| Income Before Tax | -184.1 K | -193.3 K | |
| Total Other Income Expense Net | 17.9 K | 18.8 K | |
| Net Loss | -2.7 M | -2.9 M | |
| Net Loss | -184.1 K | -193.3 K | |
| Change To Netincome | 1.6 M | 1.6 M |
Cobalt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cobalt Power. 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 Cobalt Power 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 Cobalt Power's important profitability drivers and their relationship over time.
Use Cobalt Power 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 Cobalt Power 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 Cobalt Power will appreciate offsetting losses from the drop in the long position's value.Cobalt Power Pair Trading
Cobalt Power Group Pair Trading Analysis
The ability to find closely correlated positions to Cobalt Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cobalt Power 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 Cobalt Power - 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 Cobalt Power Group to buy it.
The correlation of Cobalt Power 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 Cobalt Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cobalt Power 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 Cobalt Power 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 Cobalt Power position
In addition to having Cobalt Power 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 Utilities - Regulated Electric Thematic Idea Now
Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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Additional Tools for Cobalt Stock Analysis
When running Cobalt Power's price analysis, check to measure Cobalt Power'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 Cobalt Power is operating at the current time. Most of Cobalt Power's value examination focuses on studying past and present price action to predict the probability of Cobalt Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cobalt Power's price. Additionally, you may evaluate how the addition of Cobalt Power to your portfolios can decrease your overall portfolio volatility.