Hawkeye Gold Current Ratio vs. Market Capitalization
| HAWK Stock | CAD 0.04 0.01 20.00% |
For Hawkeye Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hawkeye Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hawkeye Gold and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hawkeye Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hawkeye Gold and over time as well as its relative position and ranking within its peers.
Hawkeye |
Hawkeye Gold Market Capitalization vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hawkeye Gold's current stock value. Our valuation model uses many indicators to compare Hawkeye Gold value to that of its competitors to determine the firm's financial worth. Hawkeye Gold and is rated below average in current ratio category among its peers. It is one of the top stocks in market capitalization category among its peers creating about 14,793,333 of Market Capitalization per Current Ratio. 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 Hawkeye Gold's earnings, one of the primary drivers of an investment's value.Hawkeye Market Capitalization vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Hawkeye Gold |
| = | 0.03 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Hawkeye Gold |
| = | 443.8 K |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Hawkeye Market Capitalization vs Competition
Hawkeye Gold and is one of the top stocks in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 4.91 Billion. Hawkeye Gold adds roughly 443,800 in market capitalization claiming only tiny portion of all equities under Materials industry.
Hawkeye Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hawkeye Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hawkeye Gold will eventually generate negative long term returns. The profitability progress is the general direction of Hawkeye Gold's change in net profit over the period of time. It can combine multiple indicators of Hawkeye 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 | ||
| Operating Income | -275.1 K | -288.9 K | |
| Net Loss | -700.6 K | -665.6 K | |
| Income Before Tax | -700.6 K | -665.6 K | |
| Total Other Income Expense Net | -417.8 K | -396.9 K | |
| Net Loss | -351.2 K | -368.8 K | |
| Net Loss | -700.6 K | -665.6 K | |
| Net Interest Income | -7.7 K | -8.1 K | |
| Change To Netincome | -180.5 K | -171.4 K |
Hawkeye Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hawkeye 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 Hawkeye 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 Hawkeye Gold's important profitability drivers and their relationship over time.
Use Hawkeye 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 Hawkeye 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 Hawkeye Gold will appreciate offsetting losses from the drop in the long position's value.Hawkeye Gold Pair Trading
Hawkeye Gold and Pair Trading Analysis
The ability to find closely correlated positions to Hawkeye 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 Hawkeye 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 Hawkeye 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 Hawkeye Gold and to buy it.
The correlation of Hawkeye 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 Hawkeye Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hawkeye Gold 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 Hawkeye 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 Hawkeye Gold position
In addition to having Hawkeye 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?
Run Investment Grade ETFs Thematic Idea Now
Investment Grade ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 257 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 Investment Grade ETFs Theme or any other thematic opportunities.
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Additional Tools for Hawkeye Stock Analysis
When running Hawkeye Gold's price analysis, check to measure Hawkeye 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 Hawkeye Gold is operating at the current time. Most of Hawkeye Gold's value examination focuses on studying past and present price action to predict the probability of Hawkeye 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 Hawkeye Gold's price. Additionally, you may evaluate how the addition of Hawkeye Gold to your portfolios can decrease your overall portfolio volatility.