Palram Price to Sales vs. Return On Equity
| PLRM Stock | ILS 4,943 96.00 1.91% |
For Palram profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Palram to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Palram utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Palram's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Palram over time as well as its relative position and ranking within its peers.
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Palram Return On Equity vs. Price to Sales Fundamental Analysis
Palram Return On Equity vs. Price to Sales
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Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.15 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Palram Return On Equity Comparison
Palram is currently under evaluation in return on equity category among related companies.
Use Palram 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 Palram 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 Palram will appreciate offsetting losses from the drop in the long position's value.Palram Pair Trading
Palram Pair Trading Analysis
The ability to find closely correlated positions to Palram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palram 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 Palram - 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 Palram to buy it.
The correlation of Palram 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 Palram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palram 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 Palram 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 Palram position
In addition to having Palram 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 37 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 Currency Funds Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Palram Stock analysis
When running Palram's price analysis, check to measure Palram'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 Palram is operating at the current time. Most of Palram's value examination focuses on studying past and present price action to predict the probability of Palram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palram's price. Additionally, you may evaluate how the addition of Palram to your portfolios can decrease your overall portfolio volatility.
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To fully project Palram's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Palram 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 Palram's income statement, its balance sheet, and the statement of cash flows.