Adventus Mining Price To Book vs. Return On Equity
| ADVZFDelisted Stock | USD 0.32 0.00 0.00% |
For Adventus Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adventus Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adventus Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adventus Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adventus Mining over time as well as its relative position and ranking within its peers.
Adventus |
Adventus Mining Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Adventus Mining's current stock value. Our valuation model uses many indicators to compare Adventus Mining value to that of its competitors to determine the firm's financial worth. Adventus Mining is number one stock in price to book category among its peers. It also is number one stock in return on equity category among its peers reporting about 0.25 of Return On Equity per Price To Book. The ratio of Price To Book to Return On Equity for Adventus Mining is roughly 4.01 . 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 Adventus Mining's earnings, one of the primary drivers of an investment's value.Adventus Return On Equity vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Adventus Mining |
| = | 0.61 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Adventus Mining |
| = | 0.15 |
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.
Adventus Return On Equity Comparison
Adventus Mining is currently under evaluation in return on equity category among its peers.
Adventus Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Adventus Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Adventus Mining will eventually generate negative long term returns. The profitability progress is the general direction of Adventus Mining's change in net profit over the period of time. It can combine multiple indicators of Adventus Mining, 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.
Adventus Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Ecuador, Canada, and Ireland. Adventus Mining Corporation was incorporated in 2016 and is headquartered in Toronto, Canada. Adventus Mining operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Adventus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Adventus Mining. 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 Adventus Mining 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 Adventus Mining's important profitability drivers and their relationship over time.
Use Adventus Mining 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 Adventus Mining 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 Adventus Mining will appreciate offsetting losses from the drop in the long position's value.Adventus Mining Pair Trading
Adventus Mining Pair Trading Analysis
The ability to find closely correlated positions to Adventus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adventus Mining 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 Adventus Mining - 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 Adventus Mining to buy it.
The correlation of Adventus Mining 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 Adventus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adventus Mining 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 Adventus Mining 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 Adventus Mining position
In addition to having Adventus Mining 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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 40 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 Money Market Funds Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in nation. Note that the Adventus Mining information on this page should be used as a complementary analysis to other Adventus Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Adventus OTC Stock
If you are still planning to invest in Adventus Mining 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 Adventus Mining's history and understand the potential risks before investing.
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