Power Fi Cash Per Share vs. Number Of Shares Shorted
| PWF-PP Preferred Stock | CAD 15.77 0.09 0.57% |
For Power Fi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power Fi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Power Fi 440 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power Fi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power Fi 440 over time as well as its relative position and ranking within its peers.
Power |
Power Fi 440 Number Of Shares Shorted vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Power Fi's current stock value. Our valuation model uses many indicators to compare Power Fi value to that of its competitors to determine the firm's financial worth. Power Fi 440 is considered to be number one stock in cash per share category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers making about 58.12 of Number Of Shares Shorted per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Power Fi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Power Fi's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Power Number Of Shares Shorted 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.
Power Fi |
| = | 162.31 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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Power Fi |
| = | 9.43 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Power Number Of Shares Shorted Comparison
Power Fi is currently under evaluation in number of shares shorted category among its peers.
Power Fi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Power Fi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power Fi will eventually generate negative long term returns. The profitability progress is the general direction of Power Fi's change in net profit over the period of time. It can combine multiple indicators of Power Fi, 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.
Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. Power Financial Corporation operates as a subsidiary of Power Corporation of Canada. PWR FNL operates under InsuranceLife classification in Canada and is traded on Toronto Stock Exchange. It employs 28400 people.
Power Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Power Fi. 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 Fi 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 Fi's important profitability drivers and their relationship over time.
Use Power Fi 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 Fi 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 Fi will appreciate offsetting losses from the drop in the long position's value.Power Fi Pair Trading
Power Fi 440 Pair Trading Analysis
The ability to find closely correlated positions to Power Fi 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 Fi 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 Fi - 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 Fi 440 to buy it.
The correlation of Power Fi 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 Fi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Fi 440 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 Fi 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 Power Fi position
In addition to having Power Fi 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 Volatility ETFs Thematic Idea Now
Volatility ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 27 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 Volatility ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Power Preferred Stock
To fully project Power Fi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Power Fi 440 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Power Fi's income statement, its balance sheet, and the statement of cash flows.