Purecycle Return On Capital Employed from 2010 to 2024
| PCT Stock | USD 5.19 0.12 2.26% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter (0.12) | Current Value (0.12) | Quarterly Volatility 0.1690636 |
Check Purecycle Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purecycle main balance sheet or income statement drivers, such as Interest Expense of 40.4 M, Selling General Administrative of 46.3 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.5. Purecycle financial statements analysis is a perfect complement when working with Purecycle Technologies Valuation or Volatility modules.
Purecycle | Return On Capital Employed |
Latest Purecycle Technologies' Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of Purecycle Technologies Holdings over the last few years. It is Purecycle Technologies' Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Purecycle Technologies' overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
|
Return On Capital Employed |
| Timeline |
Purecycle Return On Capital Employed Regression Statistics
| Arithmetic Mean | (0.21) | |
| Coefficient Of Variation | (80.60) | |
| Mean Deviation | 0.08 | |
| Median | (0.20) | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.7113 | |
| R-Value | 0.08 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | 0 | |
| Total Sum of Squares | 0.40 |
Purecycle Return On Capital Employed History
About Purecycle Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Purecycle Technologies income statement, its balance sheet, and the statement of cash flows. Purecycle Technologies investors use historical funamental indicators, such as Purecycle Technologies's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Purecycle Technologies investors may use each financial statement separately, they are all related. The changes in Purecycle Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Purecycle Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Purecycle Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Purecycle Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.12) | (0.12) |
Pair Trading with Purecycle Technologies
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 Purecycle Technologies 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 Purecycle Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Purecycle Stock
| 0.6 | PFFVF | Pfeiffer Vacuum Tech | PairCorr |
| 0.52 | SCWO | 374Water Common Stock | PairCorr |
The ability to find closely correlated positions to Purecycle Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Purecycle Technologies 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 Purecycle Technologies - 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 Purecycle Technologies Holdings to buy it.
The correlation of Purecycle Technologies 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 Purecycle Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Purecycle Technologies 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 Purecycle Technologies 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.Check out the analysis of Purecycle Technologies Correlation against competitors. For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Purecycle Stock analysis
When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |
Is Purecycle Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Purecycle Technologies. If investors know Purecycle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Return On Assets (0.10) | Return On Equity (0.39) |
The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Purecycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' 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.