C2C Gold Beta vs. Cash Per Share
| CTCGF Stock | USD 0.08 0.01 10.50% |
For C2C Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of C2C Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well C2C Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between C2C Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of C2C Gold Corp over time as well as its relative position and ranking within its peers.
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C2C Gold Corp Cash Per Share vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining C2C Gold's current stock value. Our valuation model uses many indicators to compare C2C Gold value to that of its competitors to determine the firm's financial worth. C2C Gold Corp is rated third in beta category among its peers. It is rated fourth in cash per share category among its peers fabricating about 0.01 of Cash Per Share per Beta. The ratio of Beta to Cash Per Share for C2C Gold Corp is roughly 162.03 . 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 C2C Gold's earnings, one of the primary drivers of an investment's value.C2C Cash Per Share vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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| = | 1.62 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
C2C Gold |
| = | 0.01 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
C2C Cash Per Share Comparison
C2C Gold is currently under evaluation in cash per share category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, C2C Gold will likely underperform.
C2C Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in C2C Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, C2C Gold will eventually generate negative long term returns. The profitability progress is the general direction of C2C Gold's change in net profit over the period of time. It can combine multiple indicators of C2C Gold, 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.
C2C Gold Corp. engages in the acquisition, exploration, and development of mineral projects in Newfoundland, Canada. C2C Gold Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada. C2C GOLD is traded on OTC Exchange in the United States.
C2C Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on C2C Gold. 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 C2C Gold 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 C2C Gold's important profitability drivers and their relationship over time.
Use C2C Gold 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 C2C Gold 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 C2C Gold will appreciate offsetting losses from the drop in the long position's value.C2C Gold Pair Trading
C2C Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to C2C Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C2C Gold 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 C2C Gold - 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 C2C Gold Corp to buy it.
The correlation of C2C Gold 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 C2C Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if C2C Gold 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 C2C Gold 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 C2C Gold position
In addition to having C2C Gold 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 Absolute Returns ETFs Thematic Idea Now
Absolute Returns ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 46 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 Absolute Returns ETFs Theme or any other thematic opportunities.
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Other Information on Investing in C2C OTC Stock
To fully project C2C Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of C2C Gold 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 C2C Gold's income statement, its balance sheet, and the statement of cash flows.