Blue Sky Total Debt vs. Current Valuation
| BKUCF Stock | USD 0.04 0 4.17% |
For Blue Sky profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blue Sky to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blue Sky Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blue Sky's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blue Sky Uranium over time as well as its relative position and ranking within its peers.
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Blue Sky Uranium Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blue Sky's current stock value. Our valuation model uses many indicators to compare Blue Sky value to that of its competitors to determine the firm's financial worth. Blue Sky Uranium is rated below average in total debt category among its peers. It also is rated below average in current valuation category among its peers reporting about 12.01 of Current Valuation per Total Debt. 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 Blue Sky's earnings, one of the primary drivers of an investment's value.Blue Total Debt vs. Competition
Blue Sky Uranium is rated below average in total debt category among its peers. Total debt of Energy industry is currently estimated at about 106.57 Trillion. Blue Sky adds roughly 1.4 Million in total debt claiming only tiny portion of equities under Energy industry.
Blue Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Blue Sky |
| = | 1.4 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Blue Sky |
| = | 16.81 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.
Blue Current Valuation vs Competition
Blue Sky Uranium is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 840.02 Billion. Blue Sky adds roughly 16.81 Million in current valuation claiming only tiny portion of equities under Energy industry.
Blue Sky Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blue Sky, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blue Sky will eventually generate negative long term returns. The profitability progress is the general direction of Blue Sky's change in net profit over the period of time. It can combine multiple indicators of Blue Sky, 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.
Blue Sky Uranium Corp., a junior uranium exploration company, engages in acquiring, exploring, and evaluating natural resource properties in Argentina. Blue Sky Uranium Corp. was incorporated in 2005 and is based in Vancouver, Canada. Blue Sky operates under Uranium classification in the United States and is traded on OTC Exchange.
Blue Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blue Sky. 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 Blue Sky 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 Blue Sky's important profitability drivers and their relationship over time.
Use Blue Sky 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 Blue Sky 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 Blue Sky will appreciate offsetting losses from the drop in the long position's value.Blue Sky Pair Trading
Blue Sky Uranium Pair Trading Analysis
The ability to find closely correlated positions to Blue Sky could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Sky 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 Blue Sky - 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 Blue Sky Uranium to buy it.
The correlation of Blue Sky 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 Blue Sky moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Sky Uranium 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 Blue Sky 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 Blue Sky position
In addition to having Blue Sky 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 High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 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 High Dividend Yield ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Blue OTC Stock
To fully project Blue Sky's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Blue Sky Uranium 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 Blue Sky's income statement, its balance sheet, and the statement of cash flows.