Laurentian Bank Of Preferred Stock Operating Margin
| LB-PH Preferred Stock | CAD 23.35 0.08 0.34% |
Laurentian Bank's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Laurentian Preferred Stock price.
Laurentian |
Laurentian Bank of Company Operating Margin Analysis
Laurentian Bank's 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.
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.
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Based on the recorded statements, Laurentian Bank of has an Operating Margin of 0.0%. This is 100.0% lower than that of the Consumer Finance sector and about the same as Financials (which currently averages 0.0) industry. The operating margin for all Canada preferred stocks is 100.0% lower than that of the firm.
Laurentian Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Laurentian Bank's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Laurentian Bank could also be used in its relative valuation, which is a method of valuing Laurentian Bank by comparing valuation metrics of similar companies.Laurentian Bank is currently under evaluation in operating margin category among its peers.
Laurentian Fundamentals
| Revenue | 1.03 B | ||||
| Net Income | 181.09 M | ||||
| Total Debt | 47.03 B | ||||
| Cash Flow From Operations | (580.18 M) | ||||
| Total Asset | 49.89 B | ||||
| Retained Earnings | 1.41 B | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 49.89 B |
About Laurentian Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Laurentian Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Laurentian Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Laurentian Bank of 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 Laurentian Bank
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 Laurentian Bank 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 Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Laurentian Preferred Stock
| 0.79 | FFH | Fairfax Financial | PairCorr |
| 0.79 | FFH-PG | Fairfax Fin Hld | PairCorr |
| 0.83 | FFH-PI | Fairfax Financial | PairCorr |
| 0.68 | FFH-PK | Fairfax Financial | PairCorr |
Moving against Laurentian Preferred Stock
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank 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 Laurentian Bank - 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 Laurentian Bank of to buy it.
The correlation of Laurentian Bank 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 Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank 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 Laurentian Bank 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.Additional Tools for Laurentian Preferred Stock Analysis
When running Laurentian Bank's price analysis, check to measure Laurentian Bank'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 Laurentian Bank is operating at the current time. Most of Laurentian Bank's value examination focuses on studying past and present price action to predict the probability of Laurentian Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laurentian Bank's price. Additionally, you may evaluate how the addition of Laurentian Bank to your portfolios can decrease your overall portfolio volatility.