Gold79 Mines Shares Owned By Insiders vs. Current Valuation
| AUSVF Stock | USD 0.21 0.01 4.55% |
For Gold79 Mines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold79 Mines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold79 Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold79 Mines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold79 Mines over time as well as its relative position and ranking within its peers.
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Gold79 Mines Current Valuation vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold79 Mines's current stock value. Our valuation model uses many indicators to compare Gold79 Mines value to that of its competitors to determine the firm's financial worth. Gold79 Mines is rated second in shares owned by insiders category among its peers. It is the top company in current valuation category among its peers reporting about 271,726 of Current Valuation per Shares Owned By Insiders. 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 Gold79 Mines' earnings, one of the primary drivers of an investment's value.Gold79 Current Valuation vs. Shares Owned By Insiders
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.
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| = | 11.88 % |
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.
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.
Gold79 Mines |
| = | 3.23 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.
Gold79 Current Valuation vs Competition
Gold79 Mines 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 150.32 Million. Gold79 Mines holds roughly 3.23 Million in current valuation claiming about 2.15% of all equities under Materials industry.
Gold79 Mines Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold79 Mines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold79 Mines will eventually generate negative long term returns. The profitability progress is the general direction of Gold79 Mines' change in net profit over the period of time. It can combine multiple indicators of Gold79 Mines, 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.
Gold79 Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company was formerly known as Aura Resources Inc. and changed its name to Gold79 Mines Ltd. in August 2020. Aura Resources is traded on OTC Exchange in the United States.
Gold79 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gold79 Mines. 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 Gold79 Mines 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 Gold79 Mines' important profitability drivers and their relationship over time.
Use Gold79 Mines 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 Gold79 Mines 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 Gold79 Mines will appreciate offsetting losses from the drop in the long position's value.Gold79 Mines Pair Trading
Gold79 Mines Pair Trading Analysis
The ability to find closely correlated positions to Gold79 Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold79 Mines 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 Gold79 Mines - 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 Gold79 Mines to buy it.
The correlation of Gold79 Mines 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 Gold79 Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold79 Mines 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 Gold79 Mines 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 Gold79 Mines position
In addition to having Gold79 Mines 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 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 Market Neutral Funds Theme or any other thematic opportunities.
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Other Information on Investing in Gold79 OTC Stock
To fully project Gold79 Mines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gold79 Mines 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 Gold79 Mines' income statement, its balance sheet, and the statement of cash flows.