Prom Resources EBITDA vs. Current Valuation
| PRMODelisted Stock | USD 0.0001 0.00 0.00% |
For Prom Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prom Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prom Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prom Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prom Resources over time as well as its relative position and ranking within its peers.
Prom |
Prom Resources Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prom Resources's current stock value. Our valuation model uses many indicators to compare Prom Resources value to that of its competitors to determine the firm's financial worth. Prom Resources is considered to be number one stock in ebitda category among its peers. It also is rated top company in current valuation category among its peers reporting about 4.93 of Current Valuation per EBITDA. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prom Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prom Resources' 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.Prom Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Prom Resources |
| = | 4.67 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Prom Resources |
| = | 23.04 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Prom Current Valuation vs Competition
Prom Resources is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is at this time estimated at about 306.86 Billion. Prom Resources adds roughly 23.04 Million in current valuation claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Prom Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prom Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prom Resources will eventually generate negative long term returns. The profitability progress is the general direction of Prom Resources' change in net profit over the period of time. It can combine multiple indicators of Prom 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.
Prom Resources, Inc. engages in the exploration and extraction of gold ores, corundum, and beryl materials at various mining and exploration perimeters in Madagascar. Prom Resources, Inc. was incorporated in 1996 and is based in Orlando, Florida. Prom Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 15 people.
Prom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prom 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 Prom 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 Prom Resources' important profitability drivers and their relationship over time.
Use Prom 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 Prom 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 Prom Resources will appreciate offsetting losses from the drop in the long position's value.Prom Resources Pair Trading
Prom Resources Pair Trading Analysis
The ability to find closely correlated positions to Prom 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 Prom 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 Prom 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 Prom Resources to buy it.
The correlation of Prom 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 Prom Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prom 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 Prom 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 Prom Resources position
In addition to having Prom 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?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 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 Junk Bonds Funds 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 company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Prom Pink Sheet
If you are still planning to invest in Prom 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 Prom Resources' history and understand the potential risks before investing.
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