Dorel Financial Statements From 2010 to 2024
| DIIBFDelisted Stock | USD 4.05 0.03 0.74% |
Check Dorel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dorel main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Dorel financial statements analysis is a perfect complement when working with Dorel Industries Valuation or Volatility modules.
Dorel |
Dorel Industries Company Operating Margin Analysis
Dorel Industries' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Dorel Industries Operating Margin | (0.04) % |
Most of Dorel Industries' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorel Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Dorel Industries has an Operating Margin of -0.0356%. This is 100.56% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The operating margin for all United States stocks is 99.35% lower than that of the firm.
Dorel Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dorel Industries's current stock value. Our valuation model uses many indicators to compare Dorel Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dorel Industries competition to find correlations between indicators driving Dorel Industries's intrinsic value. More Info.Dorel Industries is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dorel Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dorel Industries' Pink Sheet. 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. 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 Dorel Industries' earnings, one of the primary drivers of an investment's value.About Dorel Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dorel Industries income statement, its balance sheet, and the statement of cash flows. Dorel Industries investors use historical funamental indicators, such as Dorel Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dorel Industries investors may use each financial statement separately, they are all related. The changes in Dorel Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dorel Industries'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 Dorel Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dorel Industries. Please read more on our technical analysis and fundamental analysis pages.
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes home products and juvenile products worldwide. Dorel Industries Inc. was incorporated in 1962 and is headquartered in Westmount, Canada. Dorel Inds is traded on OTC Exchange in the United States.
Pair Trading with Dorel Industries
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 Dorel Industries 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 Dorel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Dorel Pink Sheet
| 0.72 | EXPR | Express Financial Report 22nd of May 2024 | PairCorr |
| 0.64 | EVKG | Ever Glory Internati | PairCorr |
| 0.62 | TFRFF | Tefron | PairCorr |
| 0.6 | FIGS | Figs Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.57 | F-PC | Ford Motor | PairCorr |
The ability to find closely correlated positions to Dorel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorel Industries 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 Dorel Industries - 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 Dorel Industries to buy it.
The correlation of Dorel Industries 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 Dorel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorel Industries 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 Dorel Industries 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Dorel Industries information on this page should be used as a complementary analysis to other Dorel Industries' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Dorel Pink Sheet
If you are still planning to invest in Dorel Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dorel Industries' history and understand the potential risks before investing.
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