Okapi Resources Book Value Per Share vs. Return On Asset
| OKPRFDelisted Stock | USD 0.08 0.00 0.00% |
For Okapi Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Okapi Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Okapi Resources Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Okapi Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Okapi Resources Limited over time as well as its relative position and ranking within its peers.
Okapi |
Okapi Resources Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Okapi Resources's current stock value. Our valuation model uses many indicators to compare Okapi Resources value to that of its competitors to determine the firm's financial worth. Okapi Resources Limited is considered to be number one stock in book value per share category among its peers. It also is considered to be number one stock in return on asset 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 Okapi Resources' earnings, one of the primary drivers of an investment's value.Okapi Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Okapi Resources |
| = | 0.22 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Okapi Resources |
| = | -0.26 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Okapi Return On Asset Comparison
Okapi Resources is currently under evaluation in return on asset category among its peers.
Okapi Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Okapi Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Okapi Resources will eventually generate negative long term returns. The profitability progress is the general direction of Okapi Resources' change in net profit over the period of time. It can combine multiple indicators of Okapi 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.
Okapi Resources Limited engages in the exploration and development of mineral properties in Australia and North America. The company was incorporated in 2017 and is based in Perth, Australia. Okapi Resources operates under Gold classification in the United States and is traded on OTC Exchange.
Okapi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Okapi 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 Okapi 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 Okapi Resources' important profitability drivers and their relationship over time.
Use Okapi 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 Okapi 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 Okapi Resources will appreciate offsetting losses from the drop in the long position's value.Okapi Resources Pair Trading
Okapi Resources Limited Pair Trading Analysis
The ability to find closely correlated positions to Okapi 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 Okapi 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 Okapi 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 Okapi Resources Limited to buy it.
The correlation of Okapi 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 Okapi Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okapi 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 Okapi 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 Okapi Resources position
In addition to having Okapi Resources 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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Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 44 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 Real Estate Theme or any other thematic opportunities.
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Check out Your Equity Center 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 metropolitan statistical area. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Okapi OTC Stock
If you are still planning to invest in Okapi Resources 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 Okapi Resources' history and understand the potential risks before investing.
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