Aldebaran Resources Earnings Per Share vs. Book Value Per Share
| ADBRF Stock | USD 1.50 0.03 1.96% |
For Aldebaran Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aldebaran Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aldebaran Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aldebaran Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aldebaran Resources over time as well as its relative position and ranking within its peers.
Aldebaran |
Aldebaran Resources Book Value Per Share vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aldebaran Resources's current stock value. Our valuation model uses many indicators to compare Aldebaran Resources value to that of its competitors to determine the firm's financial worth. Aldebaran Resources is rated below average in earnings per share category among its peers. It is number one stock in book value per share 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 Aldebaran Resources' earnings, one of the primary drivers of an investment's value.Aldebaran Book Value Per Share vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Aldebaran Resources |
| = | (0) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Aldebaran Resources |
| = | 0.68 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Aldebaran Book Value Per Share Comparison
Aldebaran Resources is currently under evaluation in book value per share category among its peers.
Aldebaran Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aldebaran Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aldebaran Resources will eventually generate negative long term returns. The profitability progress is the general direction of Aldebaran Resources' change in net profit over the period of time. It can combine multiple indicators of Aldebaran Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Aldebaran Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and Argentina. Aldebaran Resources Inc. was incorporated in 2018 and is headquartered in Vancouver, Canada. Aldebaran Resources is traded on OTC Exchange in the United States.
Aldebaran Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aldebaran Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Aldebaran Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Aldebaran Resources' important profitability drivers and their relationship over time.
Use Aldebaran Resources in pair-trading
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 Aldebaran 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 Aldebaran Resources will appreciate offsetting losses from the drop in the long position's value.Aldebaran Resources Pair Trading
Aldebaran Resources Pair Trading Analysis
The ability to find closely correlated positions to Aldebaran 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 Aldebaran 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 Aldebaran 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 Aldebaran Resources to buy it.
The correlation of Aldebaran 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 Aldebaran Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aldebaran 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 Aldebaran 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.Use Investing Themes to Complement your Aldebaran Resources position
In addition to having Aldebaran Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 93 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Target Outcome ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Aldebaran OTC Stock
To fully project Aldebaran Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aldebaran Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Aldebaran Resources' income statement, its balance sheet, and the statement of cash flows.