Amerigo Resources Return On Equity vs. Shares Owned By Insiders
| ARG Stock | CAD 1.73 0.02 1.17% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.03225468 | Current Value 0.0306 | Quarterly Volatility 0.81424745 |
For Amerigo Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amerigo Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amerigo Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amerigo Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amerigo Resources over time as well as its relative position and ranking within its peers.
Amerigo |
Amerigo Resources Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amerigo Resources's current stock value. Our valuation model uses many indicators to compare Amerigo Resources value to that of its competitors to determine the firm's financial worth. Amerigo Resources is number one stock in return on equity category among its peers. It is rated fourth in shares owned by insiders category among its peers making about 66.88 of Shares Owned By Insiders per Return On Equity. At this time, Amerigo Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Amerigo Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amerigo Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Amerigo Shares Owned By Insiders vs. Return On Equity
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.
Amerigo Resources |
| = | 0.2 |
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Amerigo Resources |
| = | 13.06 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Amerigo Shares Owned By Insiders Comparison
Amerigo Resources is currently under evaluation in shares owned by insiders category among its peers.
Amerigo Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Amerigo Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amerigo Resources will eventually generate negative long term returns. The profitability progress is the general direction of Amerigo Resources' change in net profit over the period of time. It can combine multiple indicators of Amerigo 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 12.4 M | 7.3 M | |
| Operating Income | 9.6 M | 11.2 M | |
| Income Before Tax | 6.7 M | 9.1 M | |
| Total Other Income Expense Net | -2.9 M | -2.7 M | |
| Net Income | 3.4 M | 4.1 M | |
| Income Tax Expense | 3.4 M | 3.3 M | |
| Net Income From Continuing Ops | 3.4 M | 2.9 M | |
| Net Income Applicable To Common Shares | 5 M | 2.8 M | |
| Interest Income | 861.3 K | 818.2 K | |
| Net Interest Income | -2.8 M | -2.9 M | |
| Change To Netincome | 11.7 M | 6.5 M | |
| Net Income Per Share | 0.02 | 0.01 | |
| Income Quality | 6.00 | 8.15 | |
| Net Income Per E B T | 0.50 | 0.94 |
Amerigo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amerigo 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 Amerigo 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 Amerigo Resources' important profitability drivers and their relationship over time.
Use Amerigo 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 Amerigo 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 Amerigo Resources will appreciate offsetting losses from the drop in the long position's value.Amerigo Resources Pair Trading
Amerigo Resources Pair Trading Analysis
The ability to find closely correlated positions to Amerigo 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 Amerigo 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 Amerigo 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 Amerigo Resources to buy it.
The correlation of Amerigo 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 Amerigo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerigo 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 Amerigo 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 Amerigo Resources position
In addition to having Amerigo 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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Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 31 constituents at this time.
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Other Information on Investing in Amerigo Stock
To fully project Amerigo Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amerigo 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 Amerigo Resources' income statement, its balance sheet, and the statement of cash flows.