First Tellurium Cash Per Share vs. Return On Asset
| FSTTF Stock | USD 0.10 0 1.32% |
For First Tellurium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Tellurium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Tellurium Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Tellurium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Tellurium Corp over time as well as its relative position and ranking within its peers.
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First Tellurium Corp Return On Asset vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Tellurium's current stock value. Our valuation model uses many indicators to compare First Tellurium value to that of its competitors to determine the firm's financial worth. First Tellurium Corp is rated below average in cash per share category among its peers. It is rated below average in return on asset category among its peers . 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 First Tellurium's earnings, one of the primary drivers of an investment's value.First Return On Asset vs. Cash Per Share
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.
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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.
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.
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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.
First Return On Asset Comparison
First Tellurium is currently under evaluation in return on asset category among its peers.
First Tellurium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Tellurium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Tellurium will eventually generate negative long term returns. The profitability progress is the general direction of First Tellurium's change in net profit over the period of time. It can combine multiple indicators of First Tellurium, 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.
First Tellurium Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. First Tellurium Corp. was incorporated in 2004 and is headquartered in Delta, Canada. First Tellurium is traded on OTC Exchange in the United States.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Tellurium. 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 First Tellurium 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 First Tellurium's important profitability drivers and their relationship over time.
Use First Tellurium 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 First Tellurium 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 First Tellurium will appreciate offsetting losses from the drop in the long position's value.First Tellurium Pair Trading
First Tellurium Corp Pair Trading Analysis
The ability to find closely correlated positions to First Tellurium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Tellurium 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 First Tellurium - 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 First Tellurium Corp to buy it.
The correlation of First Tellurium 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 First Tellurium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Tellurium 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 First Tellurium 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 First Tellurium position
In addition to having First Tellurium 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?
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Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 39 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 Housewares Theme or any other thematic opportunities.
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Other Information on Investing in First OTC Stock
To fully project First Tellurium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Tellurium 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 First Tellurium's income statement, its balance sheet, and the statement of cash flows.