Aurania Resources Gross Profit vs. Current Valuation
| ARU Stock | CAD 0.46 0.03 6.12% |
For Aurania Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurania Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurania Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurania Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurania Resources over time as well as its relative position and ranking within its peers.
Aurania |
Aurania Resources Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurania Resources's current stock value. Our valuation model uses many indicators to compare Aurania Resources value to that of its competitors to determine the firm's financial worth. Aurania Resources is number one stock in gross profit category among its peers. It also is the top company in current valuation 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 Aurania Resources' earnings, one of the primary drivers of an investment's value.Aurania Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Aurania Resources |
| = | (9.67 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Aurania Resources |
| = | 50.39 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Aurania Current Valuation vs Competition
Aurania Resources is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 2.52 Billion. Aurania Resources holds roughly 50.39 Million in current valuation claiming about 2.0% of all equities under Materials industry.
Aurania Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurania Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurania Resources will eventually generate negative long term returns. The profitability progress is the general direction of Aurania Resources' change in net profit over the period of time. It can combine multiple indicators of Aurania 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.
Aurania Resources Ltd., a junior mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Ecuador and Switzerland. Aurania Resources Ltd. was incorporated in 2007 and is based in Toronto, Canada. AURANIA RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Aurania Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurania 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 Aurania 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 Aurania Resources' important profitability drivers and their relationship over time.
Use Aurania 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 Aurania 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 Aurania Resources will appreciate offsetting losses from the drop in the long position's value.Aurania Resources Pair Trading
Aurania Resources Pair Trading Analysis
The ability to find closely correlated positions to Aurania 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 Aurania 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 Aurania 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 Aurania Resources to buy it.
The correlation of Aurania 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 Aurania Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurania 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 Aurania 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 Aurania Resources position
In addition to having Aurania 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 Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 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 Medical Equipment Theme or any other thematic opportunities.
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Additional Tools for Aurania Stock Analysis
When running Aurania Resources' price analysis, check to measure Aurania Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurania Resources is operating at the current time. Most of Aurania Resources' value examination focuses on studying past and present price action to predict the probability of Aurania Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurania Resources' price. Additionally, you may evaluate how the addition of Aurania Resources to your portfolios can decrease your overall portfolio volatility.