Blue Thunder Book Value Per Share vs. Return On Equity
| BLUE Stock | CAD 0.04 0.01 12.50% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.01213222 | Current Value 0.0115 | Quarterly Volatility 0.07044052 |
For Blue Thunder profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Blue Thunder to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Blue Thunder Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Blue Thunder's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Blue Thunder Mining over time as well as its relative position and ranking within its peers.
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Blue Thunder Mining Return On Equity vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Blue Thunder's current stock value. Our valuation model uses many indicators to compare Blue Thunder value to that of its competitors to determine the firm's financial worth. Blue Thunder Mining is rated second in book value per share category among its peers. It is rated below average in return on equity category among its peers . At this time, Blue Thunder's 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 Blue Thunder's earnings, one of the primary drivers of an investment's value.Blue Return On Equity 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.
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| = | 0.01 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 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.
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| = | -4.39 |
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.
Blue Return On Equity Comparison
Blue Thunder is currently under evaluation in return on equity category among its peers.
Blue Thunder Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Blue Thunder, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Blue Thunder will eventually generate negative long term returns. The profitability progress is the general direction of Blue Thunder's change in net profit over the period of time. It can combine multiple indicators of Blue Thunder, 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 | 10.1 M | 10.7 M | |
| Operating Income | -707 K | -742.4 K | |
| Income Before Tax | -757.9 K | -795.8 K | |
| Net Loss | -2.1 M | -2.2 M | |
| Net Loss | -757.9 K | -795.8 K | |
| Total Other Income Expense Net | -60.6 K | -57.6 K | |
| Net Interest Income | 9.7 K | 9.3 K | |
| Interest Income | 9.7 K | 10.6 K | |
| Net Loss | -757.9 K | -795.8 K | |
| Income Tax Expense | -22.3 K | -21.1 K | |
| Change To Netincome | -488.9 K | -464.4 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.40 | 0.38 | |
| Net Income Per E B T | 0.92 | 0.82 |
Blue Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Blue Thunder. 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 Thunder 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 Thunder's important profitability drivers and their relationship over time.
Use Blue Thunder 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 Thunder 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 Thunder will appreciate offsetting losses from the drop in the long position's value.Blue Thunder Pair Trading
Blue Thunder Mining Pair Trading Analysis
The ability to find closely correlated positions to Blue Thunder 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 Thunder 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 Thunder - 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 Thunder Mining to buy it.
The correlation of Blue Thunder 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 Thunder moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Thunder Mining 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 Thunder 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 Thunder position
In addition to having Blue Thunder 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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Additional Tools for Blue Stock Analysis
When running Blue Thunder's price analysis, check to measure Blue Thunder's 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 Blue Thunder is operating at the current time. Most of Blue Thunder's value examination focuses on studying past and present price action to predict the probability of Blue Thunder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Thunder's price. Additionally, you may evaluate how the addition of Blue Thunder to your portfolios can decrease your overall portfolio volatility.