Tradestar Financial Statements From 2010 to 2025
| TSRR Stock | USD 0.0002 0.00 0.00% |
Check Tradestar Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tradestar Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tradestar financial statements analysis is a perfect complement when working with Tradestar Resources Valuation or Volatility modules.
Tradestar |
Tradestar Resources Company Return On Equity Analysis
Tradestar Resources' 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 Tradestar Resources Return On Equity | -0.63 |
Most of Tradestar Resources' 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, Tradestar Resources 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, Tradestar Resources has a Return On Equity of -0.6339. This is 67.98% lower than that of the Energy sector and 135.61% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 104.48% higher than that of the company.
Tradestar Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tradestar Resources's current stock value. Our valuation model uses many indicators to compare Tradestar Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tradestar Resources competition to find correlations between indicators driving Tradestar Resources's intrinsic value. More Info.Tradestar Resources is rated third in return on equity category among its peers. It is rated fourth 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 Tradestar Resources' earnings, one of the primary drivers of an investment's value.About Tradestar Resources Financial Statements
Tradestar 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 Tradestar Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Tradestar Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tradestar Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Tradestar Resources Corporation, an independent energy company, engages in the exploration, development, exploitation, and acquisition of on-shore oil and natural gas properties in the United States. Tradestar Resources Corporation operates as a subsidiary of Artfest International, Inc. Tradestar Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 3 people.
Pair Trading with Tradestar 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 Tradestar 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 Tradestar Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Tradestar Pink Sheet
Moving against Tradestar Pink Sheet
| 0.67 | OXY | Occidental Petroleum | PairCorr |
| 0.56 | 26442TAG2 | US26442TAG22 | PairCorr |
| 0.46 | ONDS | Ondas Holdings Aggressive Push | PairCorr |
| 0.44 | EOG | EOG Resources | PairCorr |
| 0.43 | TATT | Tat Techno | PairCorr |
The ability to find closely correlated positions to Tradestar 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 Tradestar 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 Tradestar 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 Tradestar Resources to buy it.
The correlation of Tradestar 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 Tradestar Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tradestar Resources 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 Tradestar 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.Additional Tools for Tradestar Pink Sheet Analysis
When running Tradestar Resources' price analysis, check to measure Tradestar Resources' 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 Tradestar Resources is operating at the current time. Most of Tradestar Resources' value examination focuses on studying past and present price action to predict the probability of Tradestar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tradestar Resources' price. Additionally, you may evaluate how the addition of Tradestar Resources to your portfolios can decrease your overall portfolio volatility.