Black Tusk Shares Outstanding vs. Price To Book
| 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 Price To Book vs. Shares Outstanding 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 shares outstanding category among its peers. It is rated below average in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Black Tusk Resources is about 50,900,352 . 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 Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Black Tusk |
| = | 46.28 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Black Tusk |
| = | 0.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Black Price To Book Comparison
Black Tusk is currently under evaluation in price to book category among its peers.
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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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