Cassiar Gold Number Of Shares Shorted vs. Current Valuation
| GLDC Stock | CAD 0.22 0.01 4.76% |
For Cassiar Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cassiar Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cassiar Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cassiar Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cassiar Gold Corp over time as well as its relative position and ranking within its peers.
Cassiar |
Cassiar Gold Corp Current Valuation vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cassiar Gold's current stock value. Our valuation model uses many indicators to compare Cassiar Gold value to that of its competitors to determine the firm's financial worth. Cassiar Gold Corp is one of the top stocks in number of shares shorted category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 417.23 of Current Valuation per Number Of Shares Shorted. 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 Cassiar Gold's earnings, one of the primary drivers of an investment's value.Cassiar Current Valuation vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Cassiar Gold |
| = | 46.99 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
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.
Cassiar Gold |
| = | 19.6 M |
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.
Cassiar Current Valuation vs Competition
Cassiar Gold Corp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 61.62 Billion. Cassiar Gold adds roughly 19.6 Million in current valuation claiming only tiny portion of all equities under Materials industry.
Cassiar Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cassiar Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cassiar Gold will eventually generate negative long term returns. The profitability progress is the general direction of Cassiar Gold's change in net profit over the period of time. It can combine multiple indicators of Cassiar 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3.4 M | 3 M | |
| Operating Income | -2.5 M | -2.3 M | |
| Income Before Tax | -1.6 M | -1.6 M | |
| Total Other Income Expense Net | 1.1 M | 1.2 M | |
| Net Loss | -1.6 M | -1.6 M | |
| Income Tax Expense | (5.75) | (5.46) | |
| Net Loss | -3.2 M | -3.3 M | |
| Net Loss | -3.2 M | -3.3 M | |
| Change To Netincome | 1.2 M | 1.3 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 1.79 | 1.88 | |
| Net Income Per E B T | 0.79 | 0.91 |
Cassiar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cassiar 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 Cassiar 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 Cassiar Gold's important profitability drivers and their relationship over time.
Use Cassiar 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 Cassiar 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 Cassiar Gold will appreciate offsetting losses from the drop in the long position's value.Cassiar Gold Pair Trading
Cassiar Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Cassiar 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 Cassiar 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 Cassiar 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 Cassiar Gold Corp to buy it.
The correlation of Cassiar 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 Cassiar Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cassiar 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 Cassiar 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 Cassiar Gold position
In addition to having Cassiar 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 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 Emerging Markets ETFs Theme or any other thematic opportunities.
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Additional Tools for Cassiar Stock Analysis
When running Cassiar Gold's price analysis, check to measure Cassiar Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.