ATAC Resources Return On Equity vs. Net Income
| ATADFDelisted Stock | USD 0.09 0.00 0.00% |
For ATAC Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ATAC Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ATAC Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ATAC Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ATAC Resources over time as well as its relative position and ranking within its peers.
ATAC |
ATAC Resources Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ATAC Resources's current stock value. Our valuation model uses many indicators to compare ATAC Resources value to that of its competitors to determine the firm's financial worth. ATAC Resources is rated third in return on equity category among its peers. It is rated fourth in net income 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 ATAC Resources' earnings, one of the primary drivers of an investment's value.ATAC Net Income 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.
ATAC Resources |
| = | -0.68 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ATAC Resources |
| = | (3.04 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
ATAC Net Income Comparison
ATAC Resources is currently under evaluation in net income category among its peers.
ATAC Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ATAC Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ATAC Resources will eventually generate negative long term returns. The profitability progress is the general direction of ATAC Resources' change in net profit over the period of time. It can combine multiple indicators of ATAC 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.
ATAC Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. ATAC Resources Ltd. was founded in 1998 and is headquartered in Vancouver, Canada. Atac Res is traded on OTC Exchange in the United States.
ATAC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ATAC 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 ATAC 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 ATAC Resources' important profitability drivers and their relationship over time.
Use ATAC 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 ATAC 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 ATAC Resources will appreciate offsetting losses from the drop in the long position's value.ATAC Resources Pair Trading
ATAC Resources Pair Trading Analysis
The ability to find closely correlated positions to ATAC 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 ATAC 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 ATAC 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 ATAC Resources to buy it.
The correlation of ATAC 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 ATAC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATAC 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 ATAC 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 ATAC Resources position
In addition to having ATAC 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 Financials ETFs Thematic Idea Now
Financials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials 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 Financials ETFs 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 unemployment. Note that the ATAC Resources information on this page should be used as a complementary analysis to other ATAC Resources' 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 CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in ATAC OTC Stock
If you are still planning to invest in ATAC Resources 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 ATAC Resources' history and understand the potential risks before investing.
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