Black Tusk Cash And Equivalents vs. Current Valuation
| BTKRFDelisted Stock | USD 0.07 0.00 0.00% |
For Black Tusk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Black Tusk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Black Tusk Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Black Tusk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Black Tusk Resources over time as well as its relative position and ranking within its peers.
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Black Tusk Resources Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Black Tusk's current stock value. Our valuation model uses many indicators to compare Black Tusk value to that of its competitors to determine the firm's financial worth. Black Tusk Resources is rated below average in cash and equivalents category among its peers. It is rated below average in current valuation category among its peers reporting about 4.07 of Current Valuation per Cash And Equivalents. 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 Black Tusk's earnings, one of the primary drivers of an investment's value.Black Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Black Tusk |
| = | 435.33 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Black Tusk |
| = | 1.77 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.
Black Current Valuation vs Competition
Black Tusk Resources is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gold industry is currently estimated at about 104.45 Million. Black Tusk claims roughly 1.77 Million in current valuation contributing just under 2% to equities under Gold industry.
Black Tusk Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Black Tusk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Black Tusk will eventually generate negative long term returns. The profitability progress is the general direction of Black Tusk's change in net profit over the period of time. It can combine multiple indicators of Black Tusk, 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.
Black Tusk Resources Inc. engages in the exploration and development of mineral properties in Canada. Black Tusk Resources Inc. was incorporated in 2016 and is based in Vancouver, Canada. Black Tusk is traded on OTC Exchange in the United States.
Black Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Black Tusk. 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 Black Tusk 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 Black Tusk's important profitability drivers and their relationship over time.
Use Black Tusk 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 Black Tusk 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 Black Tusk will appreciate offsetting losses from the drop in the long position's value.Black Tusk Pair Trading
Black Tusk Resources Pair Trading Analysis
The ability to find closely correlated positions to Black Tusk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Tusk 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 Black Tusk - 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 Black Tusk Resources to buy it.
The correlation of Black Tusk 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 Black Tusk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Tusk Resources 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 Black Tusk 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 Black Tusk position
In addition to having Black Tusk 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 Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Black Pink Sheet
If you are still planning to invest in Black Tusk Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Black Tusk's history and understand the potential risks before investing.
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