Osceola Gold Current Ratio vs. Beta
| OSCI Stock | USD 0.02 0.01 26.90% |
For Osceola Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Osceola Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Osceola Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Osceola Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Osceola Gold over time as well as its relative position and ranking within its peers.
Osceola |
Osceola Gold Beta vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Osceola Gold's current stock value. Our valuation model uses many indicators to compare Osceola Gold value to that of its competitors to determine the firm's financial worth. Osceola Gold is regarded second in current ratio category among its peers. It is considered to be number one stock in beta category among its peers totaling about 11.62 of Beta per Current Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value Osceola Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Osceola Gold's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Osceola Beta 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.
Osceola Gold |
| = | 0.20 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).
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Osceola Gold |
| = | 2.27 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Osceola Beta Comparison
Osceola Gold is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Osceola Gold will likely underperform.
Osceola Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Osceola Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Osceola Gold will eventually generate negative long term returns. The profitability progress is the general direction of Osceola Gold's change in net profit over the period of time. It can combine multiple indicators of Osceola 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.
Osceola Gold, Inc. operates as a precious metal mining company. It has rights to mining claims in the Osceola Mining district in Mary Ann Canyon located about 30 miles north of Ely, Nevada. Osceola Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Osceola Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Osceola 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 Osceola 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 Osceola Gold's important profitability drivers and their relationship over time.
Use Osceola 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 Osceola 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 Osceola Gold will appreciate offsetting losses from the drop in the long position's value.Osceola Gold Pair Trading
Osceola Gold Pair Trading Analysis
The ability to find closely correlated positions to Osceola 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 Osceola 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 Osceola 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 Osceola Gold to buy it.
The correlation of Osceola 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 Osceola Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osceola 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 Osceola 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 Osceola Gold position
In addition to having Osceola 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Osceola Pink Sheet
To fully project Osceola Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Osceola Gold 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 Osceola Gold's income statement, its balance sheet, and the statement of cash flows.