Gold Current Valuation vs. Beta
| GGSM Stock | USD 0.0006 0.0001 20.00% |
For Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold And Gemstone utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold And Gemstone over time as well as its relative position and ranking within its peers.
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Gold And Gemstone Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold's current stock value. Our valuation model uses many indicators to compare Gold value to that of its competitors to determine the firm's financial worth. Gold And Gemstone is rated # 4 in current valuation category among its peers. It is one of the top stocks in beta category among its peers . The ratio of Current Valuation to Beta for Gold And Gemstone is about 352,651 . 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 Gold's earnings, one of the primary drivers of an investment's value.Gold Current Valuation vs. Competition
Gold And Gemstone is rated # 4 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 491.8 Million. Gold adds roughly 278,136 in current valuation claiming only tiny portion of all equities under Materials industry.
Gold Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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| = | 278.14 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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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| = | 0.79 |
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.
Gold Beta Comparison
Gold is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gold is expected to be smaller as well.
Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold will eventually generate negative long term returns. The profitability progress is the general direction of Gold's change in net profit over the period of time. It can combine multiple indicators of 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.
Gold and GemStone Mining Inc. focuses on the acquisition, exploration, and development of gold and silver properties in North and South America. Gold and GemStone Mining Inc. was founded in 2008 and is based in Irving, Texas. Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 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 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 Gold's important profitability drivers and their relationship over time.
Use 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 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 Gold will appreciate offsetting losses from the drop in the long position's value.Gold Pair Trading
Gold And Gemstone Pair Trading Analysis
The ability to find closely correlated positions to 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 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 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 Gold And Gemstone to buy it.
The correlation of 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 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold And Gemstone 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 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 Gold position
In addition to having 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?
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Top Crypto Assets
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Other Information on Investing in Gold Pink Sheet
To fully project Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gold And Gemstone 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 Gold's income statement, its balance sheet, and the statement of cash flows.