Ensurge Book Value Per Share vs. Beta
| ESGI Stock | USD 0.0002 0.00 0.00% |
For Ensurge profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ensurge to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ensurge utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ensurge's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ensurge over time as well as its relative position and ranking within its peers.
Ensurge |
Ensurge Beta vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ensurge's current stock value. Our valuation model uses many indicators to compare Ensurge value to that of its competitors to determine the firm's financial worth. Ensurge is rated # 2 in book value per share category among its peers. It also is rated # 2 in beta category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ensurge by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ensurge's Pink Sheet. 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.Ensurge Beta vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | (0.04) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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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| = | -3.4 |
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.
Ensurge Beta Comparison
Ensurge is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Ensurge are expected to decrease by larger amounts. On the other hand, during market turmoil, Ensurge is expected to outperform it.
Ensurge Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ensurge, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ensurge will eventually generate negative long term returns. The profitability progress is the general direction of Ensurge's change in net profit over the period of time. It can combine multiple indicators of Ensurge, 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.
Ensurge, Inc. engages in the exploration, development, and evaluation of mining properties. Ensurge, Inc. was incorporated in 1985 and is based in Folsom, California. ENSURGE INC is traded on PNK Exchange in the United States.
Ensurge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ensurge. 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 Ensurge 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 Ensurge's important profitability drivers and their relationship over time.
Use Ensurge 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 Ensurge 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 Ensurge will appreciate offsetting losses from the drop in the long position's value.Ensurge Pair Trading
Ensurge Pair Trading Analysis
The ability to find closely correlated positions to Ensurge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ensurge 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 Ensurge - 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 Ensurge to buy it.
The correlation of Ensurge 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 Ensurge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ensurge 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 Ensurge 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 Ensurge position
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Other Information on Investing in Ensurge Pink Sheet
To fully project Ensurge's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ensurge 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 Ensurge's income statement, its balance sheet, and the statement of cash flows.