Aldebaran Resources Earnings Per Share vs. EBITDA
| ADBRF Stock | USD 1.60 0.07 4.58% |
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.
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Aldebaran Resources EBITDA 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 rated second in ebitda 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 EBITDA 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.
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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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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| = | (591.26 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Aldebaran EBITDA Comparison
Aldebaran Resources is currently under evaluation in ebitda 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?
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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.