Kootenay Silver Return On Equity vs. Number Of Shares Shorted
| KTN Stock | CAD 1.07 0.01 0.93% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.19) | Current Value (0.18) | Quarterly Volatility 0.88424887 |
For Kootenay Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kootenay Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kootenay Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kootenay Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kootenay Silver over time as well as its relative position and ranking within its peers.
Kootenay |
Kootenay Silver Number Of Shares Shorted vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kootenay Silver's current stock value. Our valuation model uses many indicators to compare Kootenay Silver value to that of its competitors to determine the firm's financial worth. Kootenay Silver is rated second overall in return on equity category among its peers. It is currently regarded as number one stock in number of shares shorted category among its peers . At this time, Kootenay Silver's Return On Equity 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 Kootenay Silver's earnings, one of the primary drivers of an investment's value.Kootenay Number Of Shares Shorted vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Kootenay Silver |
| = | -0.15 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Kootenay Silver |
| = | 625.94 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.
Kootenay Number Of Shares Shorted Comparison
Kootenay Silver is currently under evaluation in number of shares shorted category among its peers.
Kootenay Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kootenay Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kootenay Silver will eventually generate negative long term returns. The profitability progress is the general direction of Kootenay Silver's change in net profit over the period of time. It can combine multiple indicators of Kootenay Silver, 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 | 54.5 M | 57.3 M | |
| Operating Income | -4.8 M | -4.6 M | |
| Net Loss | -4.4 M | -4.7 M | |
| Income Tax Expense | 1.00 | 0.95 | |
| Income Before Tax | -4.4 M | -4.7 M | |
| Total Other Income Expense Net | 401.8 K | 421.9 K | |
| Net Loss | -4.4 M | -4.7 M | |
| Net Loss | -2.3 M | -2.5 M | |
| Net Interest Income | 78 K | 77 K | |
| Interest Income | 78 K | 77 K | |
| Change To Netincome | 103.1 K | 97.9 K | |
| Net Loss | (0.10) | (0.11) | |
| Income Quality | 0.72 | 0.75 | |
| Net Income Per E B T | 0.79 | 0.68 |
Kootenay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kootenay Silver. 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 Kootenay Silver 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 Kootenay Silver's important profitability drivers and their relationship over time.
Use Kootenay Silver 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 Kootenay Silver 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 Kootenay Silver will appreciate offsetting losses from the drop in the long position's value.Kootenay Silver Pair Trading
Kootenay Silver Pair Trading Analysis
The ability to find closely correlated positions to Kootenay Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kootenay Silver 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 Kootenay Silver - 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 Kootenay Silver to buy it.
The correlation of Kootenay Silver 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 Kootenay Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kootenay Silver 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 Kootenay Silver 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 Kootenay Silver position
In addition to having Kootenay Silver 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
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Additional Tools for Kootenay Stock Analysis
When running Kootenay Silver's price analysis, check to measure Kootenay Silver'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 Kootenay Silver is operating at the current time. Most of Kootenay Silver's value examination focuses on studying past and present price action to predict the probability of Kootenay Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kootenay Silver's price. Additionally, you may evaluate how the addition of Kootenay Silver to your portfolios can decrease your overall portfolio volatility.