Green Battery Beta vs. Return On Equity
| GBMIF Stock | USD 0.05 0.00 0.00% |
For Green Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Green Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Green Battery Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Green Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Green Battery Minerals over time as well as its relative position and ranking within its peers.
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Green Battery Minerals Return On Equity vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Green Battery's current stock value. Our valuation model uses many indicators to compare Green Battery value to that of its competitors to determine the firm's financial worth. Green Battery Minerals is one of the top stocks in beta category among its peers. It is rated below average in return on equity 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 Green Battery's earnings, one of the primary drivers of an investment's value.Green Return On Equity 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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| = | 2.94 |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Green Battery |
| = | -0.87 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Green Return On Equity Comparison
Green Battery is currently under evaluation in return on equity 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, Green Battery will likely underperform.
Green Battery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Green Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Green Battery will eventually generate negative long term returns. The profitability progress is the general direction of Green Battery's change in net profit over the period of time. It can combine multiple indicators of Green Battery, 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.
Green Battery Minerals Inc. engages in the acquisition, exploration, and development of natural resource properties in Canada. Green Battery Minerals Inc. is a subsidiary of BJ Financial Accounting Consulting Inc. Green Battery is traded on OTC Exchange in the United States.
Green Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Green Battery. 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 Green Battery 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 Green Battery's important profitability drivers and their relationship over time.
Use Green Battery 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 Green Battery 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 Green Battery will appreciate offsetting losses from the drop in the long position's value.Green Battery Pair Trading
Green Battery Minerals Pair Trading Analysis
The ability to find closely correlated positions to Green Battery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Green Battery 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 Green Battery - 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 Green Battery Minerals to buy it.
The correlation of Green Battery 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 Green Battery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Green Battery Minerals 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 Green Battery 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 Green Battery position
In addition to having Green Battery 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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A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
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Other Information on Investing in Green OTC Stock
To fully project Green Battery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Green Battery Minerals 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 Green Battery's income statement, its balance sheet, and the statement of cash flows.