PetroTal Financial Statements From 2010 to 2025
| TAL Stock | 0.70 0.03 4.11% |
Check PetroTal Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PetroTal Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . PetroTal financial statements analysis is a perfect complement when working with PetroTal Corp Valuation or Volatility modules.
PetroTal |
PetroTal Corp Company Return On Equity Analysis
PetroTal Corp's 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.
Current PetroTal Corp Return On Equity | 0.19 |
Most of PetroTal Corp's fundamental indicators, such as Return On Equity, 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, PetroTal Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, PetroTal Corp has a Return On Equity of 0.1862. This is 109.4% lower than that of the Oil, Gas & Consumable Fuels sector and 89.54% lower than that of the Energy industry. The return on equity for all Canada stocks is 160.06% lower than that of the firm.
PetroTal Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PetroTal Corp's current stock value. Our valuation model uses many indicators to compare PetroTal Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PetroTal Corp competition to find correlations between indicators driving PetroTal Corp's intrinsic value. More Info.PetroTal Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PetroTal Corp is roughly 1.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PetroTal Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PetroTal Corp's 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.About PetroTal Corp Financial Statements
PetroTal Corp investors utilize fundamental indicators, such as revenue or net income, to predict how PetroTal Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with PetroTal Corp
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 PetroTal Corp 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 PetroTal Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with PetroTal Stock
Moving against PetroTal Stock
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.37 | SAGE | Sage Potash Corp | PairCorr |
| 0.35 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to PetroTal Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroTal Corp 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 PetroTal Corp - 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 PetroTal Corp to buy it.
The correlation of PetroTal Corp 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 PetroTal Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroTal Corp 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 PetroTal Corp 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.Other Information on Investing in PetroTal Stock
PetroTal Corp financial ratios help investors to determine whether PetroTal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PetroTal with respect to the benefits of owning PetroTal Corp security.