Klondike Gold Price To Earning vs. Cash Per Share
| KDKGF Stock | USD 0.04 0 10.75% |
For Klondike Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Klondike Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Klondike Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Klondike Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Klondike Gold Corp over time as well as its relative position and ranking within its peers.
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Klondike Gold Corp Cash Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Klondike Gold's current stock value. Our valuation model uses many indicators to compare Klondike Gold value to that of its competitors to determine the firm's financial worth. Klondike Gold Corp is rated below average in price to earning category among its peers. It is rated below average in cash per share 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 Klondike Gold's earnings, one of the primary drivers of an investment's value.Klondike Cash Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Klondike Cash Per Share Comparison
Klondike Gold is currently under evaluation in cash per share category among its peers.
Klondike Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Klondike Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Klondike Gold will eventually generate negative long term returns. The profitability progress is the general direction of Klondike Gold's change in net profit over the period of time. It can combine multiple indicators of Klondike 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.
Klondike Gold Corp., a resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. Klondike Gold Corp. was incorporated in 1978 and is headquartered in Vancouver, Canada. Klondike Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Klondike Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Klondike 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 Klondike 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 Klondike Gold's important profitability drivers and their relationship over time.
Use Klondike 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 Klondike 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 Klondike Gold will appreciate offsetting losses from the drop in the long position's value.Klondike Gold Pair Trading
Klondike Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Klondike 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 Klondike 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 Klondike 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 Klondike Gold Corp to buy it.
The correlation of Klondike 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 Klondike Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Klondike 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 Klondike 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 Klondike Gold position
In addition to having Klondike 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Klondike OTC Stock
To fully project Klondike Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Klondike Gold Corp 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 Klondike Gold's income statement, its balance sheet, and the statement of cash flows.