B2Gold Corp Number Of Shares Shorted vs. Return On Asset
| BTO Stock | CAD 4.06 0.07 1.75% |
For B2Gold Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B2Gold Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well B2Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between B2Gold Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of B2Gold Corp over time as well as its relative position and ranking within its peers.
B2Gold |
B2Gold Corp Return On Asset vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining B2Gold Corp's current stock value. Our valuation model uses many indicators to compare B2Gold Corp value to that of its competitors to determine the firm's financial worth. B2Gold Corp is number one stock in number of shares shorted category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value B2Gold Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for B2Gold Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.B2Gold Return On Asset vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
B2Gold Corp |
| = | 13.86 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
B2Gold Corp |
| = | -0.0254 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
B2Gold Return On Asset Comparison
B2Gold Corp is currently under evaluation in return on asset category among its peers.
B2Gold Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in B2Gold Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, B2Gold Corp will eventually generate negative long term returns. The profitability progress is the general direction of B2Gold Corp's change in net profit over the period of time. It can combine multiple indicators of B2Gold Corp, 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.
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. B2GOLD CORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 2212 people.
B2Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on B2Gold Corp. 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 B2Gold Corp 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 B2Gold Corp's important profitability drivers and their relationship over time.
Use B2Gold Corp 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 B2Gold Corp 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 B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.B2Gold Corp Pair Trading
B2Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp 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 B2Gold Corp - 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 B2Gold Corp to buy it.
The correlation of B2Gold Corp 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 B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold Corp 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 B2Gold Corp 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 B2Gold Corp position
In addition to having B2Gold Corp 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 48 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 Rentals Theme or any other thematic opportunities.
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Check out Trending Equities. To learn how to invest in B2Gold Stock, please use our How to Invest in B2Gold Corp guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
To fully project B2Gold Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of B2Gold Corp 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 B2Gold Corp's income statement, its balance sheet, and the statement of cash flows.