Angus Gold Earnings Per Share vs. Beta
| ANGVF Stock | USD 0.29 0.03 11.54% |
For Angus Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Angus Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Angus Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Angus Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Angus Gold over time as well as its relative position and ranking within its peers.
Angus |
Angus Gold Beta vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Angus Gold's current stock value. Our valuation model uses many indicators to compare Angus Gold value to that of its competitors to determine the firm's financial worth. Angus Gold is rated below average in earnings per share category among its peers. It is rated below average in beta 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 Angus Gold's earnings, one of the primary drivers of an investment's value.Angus Beta 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.
Angus Gold |
| = | (0.09) 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Angus Gold |
| = | 0.41 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Angus Beta Comparison
Angus Gold is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Angus Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Angus Gold is expected to be smaller as well.
Angus Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Angus Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Angus Gold will eventually generate negative long term returns. The profitability progress is the general direction of Angus Gold's change in net profit over the period of time. It can combine multiple indicators of Angus Gold, 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.
Angus Gold Inc., a gold exploration company, focuses on the acquisition, exploration, and development of mineral properties. Angus Gold Inc. was incorporated in 2010 and is headquartered in Toronto, Canada. ANGUS GOLD is traded on OTC Exchange in the United States.
Angus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Angus Gold. 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 Angus Gold 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 Angus Gold's important profitability drivers and their relationship over time.
Use Angus Gold 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 Angus Gold 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 Angus Gold will appreciate offsetting losses from the drop in the long position's value.Angus Gold Pair Trading
Angus Gold Pair Trading Analysis
The ability to find closely correlated positions to Angus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Angus Gold 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 Angus Gold - 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 Angus Gold to buy it.
The correlation of Angus Gold 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 Angus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Angus Gold 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 Angus Gold 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 Angus Gold position
In addition to having Angus Gold 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 Absolute Returns ETFs Thematic Idea Now
Absolute Returns ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 45 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 Absolute Returns ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Angus OTC Stock
To fully project Angus Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Angus Gold 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 Angus Gold's income statement, its balance sheet, and the statement of cash flows.