Petra Diamonds Stock EBITDA
| FPO Stock | EUR 0.48 0.01 2.13% |
PETRA DIAMONDS fundamentals help investors to digest information that contributes to PETRA DIAMONDS's financial success or failures. It also enables traders to predict the movement of PETRA Stock. The fundamental analysis module provides a way to measure PETRA DIAMONDS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PETRA DIAMONDS stock.
PETRA |
PETRA DIAMONDS Company EBITDA Analysis
PETRA DIAMONDS's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, PETRA DIAMONDS reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
PETRA EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PETRA DIAMONDS's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PETRA DIAMONDS could also be used in its relative valuation, which is a method of valuing PETRA DIAMONDS by comparing valuation metrics of similar companies.PETRA DIAMONDS is currently under evaluation in ebitda category among related companies.
PETRA Fundamentals
| Current Valuation | 318.71 M | |||
| Price To Book | 0.46 X | |||
| Price To Sales | 0.37 X | |||
| Total Debt | 353.9 M | |||
| Number Of Employees | 15 | |||
| Market Capitalization | 155.19 M | |||
| Total Asset | 1.11 B | |||
| Net Asset | 1.11 B |
About PETRA DIAMONDS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PETRA DIAMONDS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PETRA DIAMONDS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PETRA DIAMONDS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PETRA DIAMONDS
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 PETRA DIAMONDS 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 PETRA DIAMONDS will appreciate offsetting losses from the drop in the long position's value.Moving against PETRA Stock
| 0.46 | E908 | Lyxor 1 | PairCorr |
The ability to find closely correlated positions to PETRA DIAMONDS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PETRA DIAMONDS 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 PETRA DIAMONDS - 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 PETRA DIAMONDS to buy it.
The correlation of PETRA DIAMONDS 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 PETRA DIAMONDS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PETRA DIAMONDS 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 PETRA DIAMONDS 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in PETRA DIAMONDS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for PETRA Stock analysis
When running PETRA DIAMONDS's price analysis, check to measure PETRA DIAMONDS'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 PETRA DIAMONDS is operating at the current time. Most of PETRA DIAMONDS's value examination focuses on studying past and present price action to predict the probability of PETRA DIAMONDS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PETRA DIAMONDS's price. Additionally, you may evaluate how the addition of PETRA DIAMONDS to your portfolios can decrease your overall portfolio volatility.
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