Portofino Resources Return On Asset vs. Market Capitalization
| POR Stock | CAD 0.01 0.01 33.33% |
For Portofino Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Portofino Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Portofino Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Portofino Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Portofino Resources over time as well as its relative position and ranking within its peers.
Portofino |
Portofino Resources Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Portofino Resources's current stock value. Our valuation model uses many indicators to compare Portofino Resources value to that of its competitors to determine the firm's financial worth. Portofino Resources is rated below average in return on asset category among its peers. It is regarded third in market capitalization category among its peers . At this time, Portofino Resources' Market Cap 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 Portofino Resources' earnings, one of the primary drivers of an investment's value.Portofino Market Capitalization vs. Return On Asset
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.
Portofino Resources |
| = | -4.79 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Portofino Resources |
| = | 1.75 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Portofino Market Capitalization vs Competition
Portofino Resources is regarded third in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 30.34 Million. Portofino Resources holds roughly 1.75 Million in market capitalization claiming about 6% of all equities under Materials industry.
Portofino Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Portofino Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Portofino Resources will eventually generate negative long term returns. The profitability progress is the general direction of Portofino Resources' change in net profit over the period of time. It can combine multiple indicators of Portofino Resources, 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 | ||
| Accumulated Other Comprehensive Income | 115 K | 120.8 K | |
| Operating Income | -2.7 M | -2.6 M | |
| Income Before Tax | -2.7 M | -2.6 M | |
| Net Loss | -2.7 M | -2.6 M | |
| Net Loss | -2.7 M | -2.6 M | |
| Total Other Income Expense Net | 12.5 K | 13.1 K | |
| Net Loss | -2.2 M | -2.1 M | |
| Income Tax Expense | -1.8 K | -1.9 K | |
| Net Interest Income | -18.1 K | -17.2 K | |
| Change To Netincome | 226.4 K | 192.3 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.65 | 0.63 |
Portofino Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Portofino Resources. 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 Portofino Resources 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 Portofino Resources' important profitability drivers and their relationship over time.
Use Portofino Resources 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 Portofino Resources 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 Portofino Resources will appreciate offsetting losses from the drop in the long position's value.Portofino Resources Pair Trading
Portofino Resources Pair Trading Analysis
The ability to find closely correlated positions to Portofino Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portofino Resources 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 Portofino Resources - 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 Portofino Resources to buy it.
The correlation of Portofino Resources 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 Portofino Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portofino Resources 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 Portofino Resources 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 Portofino Resources position
In addition to having Portofino Resources 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?
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Additional Tools for Portofino Stock Analysis
When running Portofino Resources' price analysis, check to measure Portofino Resources' 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 Portofino Resources is operating at the current time. Most of Portofino Resources' value examination focuses on studying past and present price action to predict the probability of Portofino Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portofino Resources' price. Additionally, you may evaluate how the addition of Portofino Resources to your portfolios can decrease your overall portfolio volatility.