Golden Financial Statements From 2010 to 2026
Analyzing historical trends in various income statement and balance sheet accounts from Golden Developing's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Golden Developing's valuation are summarized below:Golden Developing Solutions does not presently have any fundamental trends for analysis.
This module can also supplement various Golden Developing Technical models . Check out the analysis of Golden Developing Correlation against competitors.
Check Golden Developing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Developing's main balance sheet or income statement drivers, such as , as well as many indicators such as . Golden financial statements analysis is a perfect complement when working with Golden Developing Valuation or Volatility modules.
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Golden Developing Solutions Company Shares Outstanding Analysis
Golden Developing's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Golden Developing Shares Outstanding | 543.84 M |
Most of Golden Developing's fundamental indicators, such as Shares Outstanding, 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, Golden Developing Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Based on the latest financial disclosure, Golden Developing Solutions has 543.84 M of shares currently outstending. This is 201.24% higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The shares outstanding for all United States stocks is 4.89% higher than that of the company.
Golden Developing Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Golden Developing's current stock value. Our valuation model uses many indicators to compare Golden Developing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golden Developing competition to find correlations between indicators driving Golden Developing's intrinsic value. More Info.Golden Developing Solutions is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . 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 Golden Developing's earnings, one of the primary drivers of an investment's value.About Golden Developing Financial Statements
Golden Developing shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Golden Developing investors may analyze each financial statement separately, they are all interrelated. The changes in Golden Developing's assets and liabilities, for example, are also reflected in the revenues and expenses on on Golden Developing's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Golden Developing Solutions, Inc., together with its subsidiaries, engages in developing an online retail business for cannabidiol products. Golden Developing Solutions, Inc. was incorporated in 1998 and is based in Fort Lauderdale, Florida. Golden Developing is traded on OTC Exchange in the United States.
Pair Trading with Golden Developing
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 Golden Developing 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 Golden Developing will appreciate offsetting losses from the drop in the long position's value.Moving against Golden Pink Sheet
| 0.42 | TAK | Takeda Pharmaceutical | PairCorr |
| 0.4 | TKPHF | Takeda Pharmaceutical | PairCorr |
| 0.32 | MKGAF | MERCK Kommanditgesells | PairCorr |
The ability to find closely correlated positions to Golden Developing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Developing 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 Golden Developing - 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 Golden Developing Solutions to buy it.
The correlation of Golden Developing 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 Golden Developing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Developing 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 Golden Developing 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 Golden Pink Sheet Analysis
When running Golden Developing's price analysis, check to measure Golden Developing'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 Golden Developing is operating at the current time. Most of Golden Developing's value examination focuses on studying past and present price action to predict the probability of Golden Developing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Developing's price. Additionally, you may evaluate how the addition of Golden Developing to your portfolios can decrease your overall portfolio volatility.