Gamehost Stock Price To Earnings To Growth

GH Stock  CAD 10.89  0.05  0.46%   
Gamehost fundamentals help investors to digest information that contributes to Gamehost's financial success or failures. It also enables traders to predict the movement of Gamehost Stock. The fundamental analysis module provides a way to measure Gamehost's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gamehost stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Gamehost Company Price To Earnings To Growth Analysis

Gamehost's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Gamehost Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Gamehost is extremely important. It helps to project a fair market value of Gamehost Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Gamehost's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gamehost's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gamehost's interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Gamehost Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.13

At this time, Gamehost's Price Earnings To Growth Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Gamehost has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 100.0% lower than that of the Consumer Discretionary industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.

Gamehost Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gamehost's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gamehost could also be used in its relative valuation, which is a method of valuing Gamehost by comparing valuation metrics of similar companies.
Gamehost is currently under evaluation in price to earnings to growth category among its peers.

Gamehost Fundamentals

About Gamehost Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gamehost's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gamehost using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gamehost 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 Gamehost

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 Gamehost 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 Gamehost will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gamehost Stock

  0.69PVF-UN Partners Value InvesPairCorr

Moving against Gamehost Stock

  0.69MFC-PC Manulife Finl SrsPairCorr
  0.4SLF-PD Sun Life FinancialPairCorr
  0.4SLF-PG Sun Life NonPairCorr
  0.39SLF-PC Sun Life FinancialPairCorr
The ability to find closely correlated positions to Gamehost could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamehost 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 Gamehost - 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 Gamehost to buy it.
The correlation of Gamehost 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 Gamehost moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamehost 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 Gamehost 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Gamehost Stock

Gamehost financial ratios help investors to determine whether Gamehost 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 Gamehost with respect to the benefits of owning Gamehost security.