Labrador Uranium Shares Outstanding vs. Price To Book
| LURAFDelisted Stock | USD 0.17 0.00 0.00% |
For Labrador Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Labrador Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Labrador Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Labrador Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Labrador Uranium over time as well as its relative position and ranking within its peers.
Labrador |
Labrador Uranium Price To Book vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Labrador Uranium's current stock value. Our valuation model uses many indicators to compare Labrador Uranium value to that of its competitors to determine the firm's financial worth. Labrador Uranium is rated below average in shares outstanding category among its peers. It is rated below average in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Labrador Uranium is about 40,765,329 . 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 Labrador Uranium's earnings, one of the primary drivers of an investment's value.Labrador Price To Book vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Labrador Uranium |
| = | 58.11 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Labrador Uranium |
| = | 1.43 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Labrador Price To Book Comparison
Labrador Uranium is currently under evaluation in price to book category among its peers.
Labrador Uranium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Labrador Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Labrador Uranium will eventually generate negative long term returns. The profitability progress is the general direction of Labrador Uranium's change in net profit over the period of time. It can combine multiple indicators of Labrador Uranium, 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.
Labrador Uranium Inc. engages in the exploration and development of uranium projects in Labrador, Canada. The company was incorporated in 2021 and is headquartered in Toronto, Canada. Labrador Uranium operates under Uranium classification in the United States and is traded on OTC Exchange.
Labrador Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Labrador Uranium. 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 Labrador Uranium 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 Labrador Uranium's important profitability drivers and their relationship over time.
Use Labrador Uranium 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 Labrador Uranium 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 Labrador Uranium will appreciate offsetting losses from the drop in the long position's value.Labrador Uranium Pair Trading
Labrador Uranium Pair Trading Analysis
The ability to find closely correlated positions to Labrador Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Uranium 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 Labrador Uranium - 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 Labrador Uranium to buy it.
The correlation of Labrador Uranium 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 Labrador Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Uranium 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 Labrador Uranium 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 Labrador Uranium position
In addition to having Labrador Uranium 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 Power Assets Thematic Idea Now
Power Assets
Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. The Power Assets theme has 49 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 Power Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in nation. Note that the Labrador Uranium information on this page should be used as a complementary analysis to other Labrador Uranium's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Labrador OTC Stock
If you are still planning to invest in Labrador Uranium check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Labrador Uranium's history and understand the potential risks before investing.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |