Radium Financial Statements From 2010 to 2025
| RADRDelisted Stock | USD 0.0001 0.00 0.00% |
Check Radium Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Radium Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Radium financial statements analysis is a perfect complement when working with Radium Resources Valuation or Volatility modules.
Radium |
Radium Resources Corp Company Current Valuation Analysis
Radium Resources' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Radium Resources Current Valuation | 107.74 K |
Most of Radium Resources' fundamental indicators, such as Current Valuation, 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, Radium Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Radium Resources Corp has a Current Valuation of 107.74 K. This is 100.0% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Radium Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Radium Resources's current stock value. Our valuation model uses many indicators to compare Radium Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Radium Resources competition to find correlations between indicators driving Radium Resources's intrinsic value. More Info.Radium Resources Corp is rated below average in current valuation category among its peers. It is rated fifth in shares outstanding category among its peers creating about 606.80 of Shares Outstanding per Current Valuation. 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 Radium Resources' earnings, one of the primary drivers of an investment's value.About Radium Resources Financial Statements
Radium Resources 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 Radium Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Radium Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Radium Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Radium Resources Corp. acquires, explores, and develops diamond projects in kimberlite rich areas in Central and Southern Canada. The company was founded in 1995 and is based in Wilmington, Delaware. Radium Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Pair Trading with Radium Resources
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 Radium Resources 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 Radium Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Radium Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Radium Resources 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 Radium Resources - 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 Radium Resources Corp to buy it.
The correlation of Radium Resources 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 Radium Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radium Resources 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 Radium Resources 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Radium Pink Sheet
If you are still planning to invest in Radium Resources Corp 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 Radium Resources' history and understand the potential risks before investing.
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