Blue Sky Gross Profit vs. Return On Equity
| BSK Stock | CAD 0.04 0.01 10.00% |
Gross Profit | First Reported 2007-03-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 145.8 K |
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 Return On Equity vs. Gross Profit 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 second in gross profit category among its peers. It also is rated second in return on equity category among its peers . At this time, Blue Sky's Gross Profit 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 Sky's earnings, one of the primary drivers of an investment's value.Blue Return On Equity vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Blue Sky |
| = | (86.07 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Blue Sky |
| = | -109.37 |
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 Sky is currently under evaluation in return on equity category among its peers.
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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 6.5 M | 4.6 M | |
| Operating Income | -4.2 M | -4.4 M | |
| Net Loss | -3.7 M | -3.8 M | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Income Before Tax | -3.7 M | -3.8 M | |
| Total Other Income Expense Net | 521.7 K | 547.8 K | |
| Net Loss | -3.7 M | -3.8 M | |
| Net Loss | -5 M | -5.3 M | |
| Net Interest Income | 179.4 K | 188.4 K | |
| Interest Income | 179.4 K | 188.4 K | |
| Change To Netincome | 1.7 M | 1.8 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.98 | 0.65 | |
| Net Income Per E B T | 0.69 | 0.94 |
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 Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 38 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 Small Blend Funds Theme or any other thematic opportunities.
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Additional Tools for Blue Stock Analysis
When running Blue Sky's price analysis, check to measure Blue Sky'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 Sky is operating at the current time. Most of Blue Sky's value examination focuses on studying past and present price action to predict the probability of Blue Sky'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 Sky's price. Additionally, you may evaluate how the addition of Blue Sky to your portfolios can decrease your overall portfolio volatility.