Power Nickel Return On Equity vs. Beta

PNPN Stock   0.76  0.06  7.32%   
Taking into consideration Power Nickel's profitability measurements, Power Nickel may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Power Nickel's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
4.2479914
Current Value
4.46
Quarterly Volatility
4.30108851
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Power Nickel's Average Payables is fairly stable compared to the past year. ROIC is likely to climb to 5.93 in 2024, despite the fact that Book Value Per Share is likely to grow to (0.02).
For Power Nickel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power Nickel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Power Nickel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power Nickel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power Nickel over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Power Nickel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Nickel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Nickel'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.

Power Nickel Beta vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Power Nickel's current stock value. Our valuation model uses many indicators to compare Power Nickel value to that of its competitors to determine the firm's financial worth.
Power Nickel is rated below average in return on equity category among its peers. It is regarded fourth in beta category among its peers . At this time, Power Nickel's Return On Equity is fairly stable compared to the past year. 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 Power Nickel's earnings, one of the primary drivers of an investment's value.

Power Beta vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Power Nickel

Return On Equity

 = 

Net Income

Total Equity

 = 
-2.37
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

Power Nickel

Beta

 = 

Covariance

Variance

 = 
1.47
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.

Power Beta Comparison

Power Nickel is currently under evaluation in beta category among its peers.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Power Nickel will likely underperform.

Power Nickel Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Power Nickel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power Nickel will eventually generate negative long term returns. The profitability progress is the general direction of Power Nickel's change in net profit over the period of time. It can combine multiple indicators of Power Nickel, 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 ReportedProjected for Next Year
Net Interest Income2.1 K2.2 K
Operating Income-14.2 M-13.5 M
Net Loss-10.8 M-10.3 M
Income Before Tax-10.8 M-10.3 M
Total Other Income Expense Net3.4 M3.5 M
Net Loss-2.3 M-2.5 M
Net Loss-10.8 M-10.3 M
Income Tax ExpenseK2.9 K
Interest Income1.9 K1.6 K
Change To Netincome587.3 K616.7 K
Net Loss(0.08)(0.09)
Income Quality 1.25  1.32 
Net Income Per E B T 0.90  0.95 

Power Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Power Nickel. 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 Power Nickel 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 Power Nickel's important profitability drivers and their relationship over time.

Use Power Nickel 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 Power Nickel 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 Power Nickel will appreciate offsetting losses from the drop in the long position's value.

Power Nickel Pair Trading

Power Nickel Pair Trading Analysis

The ability to find closely correlated positions to Power Nickel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power Nickel 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 Power Nickel - 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 Power Nickel to buy it.
The correlation of Power Nickel 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 Power Nickel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Nickel 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 Power Nickel 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Power Nickel position

In addition to having Power Nickel 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.

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Broad Municipals ETFs Theme
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Additional Tools for Power Stock Analysis

When running Power Nickel's price analysis, check to measure Power Nickel'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 Power Nickel is operating at the current time. Most of Power Nickel's value examination focuses on studying past and present price action to predict the probability of Power Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Nickel's price. Additionally, you may evaluate how the addition of Power Nickel to your portfolios can decrease your overall portfolio volatility.