Goldshore Resources Revenue vs. Short Ratio
| GSHR Stock | 0.26 0.01 4.00% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
For Goldshore Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Goldshore Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Goldshore Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Goldshore Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Goldshore Resources over time as well as its relative position and ranking within its peers.
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Goldshore Resources Short Ratio vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Goldshore Resources's current stock value. Our valuation model uses many indicators to compare Goldshore Resources value to that of its competitors to determine the firm's financial worth. Goldshore Resources is currently under evaluation in revenue category among its peers. It is rated # 3 in short ratio category among its peers . At this time, Goldshore Resources' Total Revenue is fairly stable compared to the past year. 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 Goldshore Resources' earnings, one of the primary drivers of an investment's value.Goldshore Revenue vs. Competition
Goldshore Resources is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 141.08 Million. Goldshore Resources adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.
Goldshore Short Ratio vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
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| = | 0.81 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Goldshore Short Ratio Comparison
Goldshore Resources is currently under evaluation in short ratio category among its peers.
Goldshore Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goldshore Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goldshore Resources will eventually generate negative long term returns. The profitability progress is the general direction of Goldshore Resources' change in net profit over the period of time. It can combine multiple indicators of Goldshore Resources, 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 | ||
| Net Interest Income | 96.3 K | 101.1 K | |
| Operating Income | -4.5 M | -4.3 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Income Before Tax | -2.1 M | -2.2 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Interest Income | 122.9 K | 129 K | |
| Total Other Income Expense Net | 3 M | 3.1 M | |
| Income Tax Expense | 4.2 M | 4.6 M | |
| Change To Netincome | 4.8 M | 5.4 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.42 | 0.40 | |
| Net Income Per E B T | 1.10 | 1.30 |
Goldshore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goldshore Resources. 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 Goldshore Resources 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 Goldshore Resources' important profitability drivers and their relationship over time.
Use Goldshore Resources 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 Goldshore Resources 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 Goldshore Resources will appreciate offsetting losses from the drop in the long position's value.Goldshore Resources Pair Trading
Goldshore Resources Pair Trading Analysis
The ability to find closely correlated positions to Goldshore Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goldshore Resources 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 Goldshore Resources - 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 Goldshore Resources to buy it.
The correlation of Goldshore Resources 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 Goldshore Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldshore Resources 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 Goldshore Resources 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 Goldshore Resources position
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Additional Tools for Goldshore Stock Analysis
When running Goldshore Resources' price analysis, check to measure Goldshore Resources' 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 Goldshore Resources is operating at the current time. Most of Goldshore Resources' value examination focuses on studying past and present price action to predict the probability of Goldshore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldshore Resources' price. Additionally, you may evaluate how the addition of Goldshore Resources to your portfolios can decrease your overall portfolio volatility.