Gold79 Mines Book Value Per Share vs. Return On Asset
| AUU Stock | CAD 0.32 0.01 3.23% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.26753818 | Current Value 0.28 | Quarterly Volatility 2.99386032 |
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.
Gold79 |
Gold79 Mines Return On Asset vs. Book Value Per Share 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 number one stock in book value per share category among its peers. It is rated third in return on asset category among its peers . At this time, Gold79 Mines' Book Value Per Share is fairly stable compared to the past year. 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 Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Gold79 Mines |
| = | 0.26 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Gold79 Mines |
| = | -0.045 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Gold79 Return On Asset Comparison
Gold79 Mines is currently under evaluation in return on asset category among its peers.
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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -65.2 K | -62 K | |
| Operating Income | -420.4 K | -399.4 K | |
| Net Loss | -420.4 K | -441.4 K | |
| Income Tax Expense | -342.6 K | -325.5 K | |
| Income Before Tax | -420.4 K | -441.4 K | |
| Total Other Income Expense Net | 175 K | 183.8 K | |
| Net Loss | -420.4 K | -441.4 K | |
| Net Loss | -831.1 K | -789.6 K | |
| Change To Netincome | 274.1 K | 287.8 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.64 | 0.50 | |
| Net Income Per E B T | 1.09 | 1.18 |
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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks 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 Soft Drinks Theme or any other thematic opportunities.
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Additional Tools for Gold79 Stock Analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.