Revival Gold Shares Outstanding vs. Current Valuation
| RVG Stock | CAD 0.28 0.02 6.67% |
For Revival Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Revival Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Revival Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Revival Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Revival Gold over time as well as its relative position and ranking within its peers.
Revival |
Revival Gold Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Revival Gold's current stock value. Our valuation model uses many indicators to compare Revival Gold value to that of its competitors to determine the firm's financial worth. Revival Gold is rated second in shares outstanding category among its peers. It is rated fourth in current valuation category among its peers reporting about 0.29 of Current Valuation per Shares Outstanding. The ratio of Shares Outstanding to Current Valuation for Revival Gold is roughly 3.45 . 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 Revival Gold's earnings, one of the primary drivers of an investment's value.Revival Current Valuation 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.
Revival Gold |
| = | 197.59 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.
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.
Revival Gold |
| = | 57.2 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.
Revival Current Valuation vs Competition
Revival Gold is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 496.62 Million. Revival Gold retains roughly 57.2 Million in current valuation claiming about 12% of all equities under Materials industry.
Revival Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Revival Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Revival Gold will eventually generate negative long term returns. The profitability progress is the general direction of Revival Gold's change in net profit over the period of time. It can combine multiple indicators of Revival 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.
Revival Gold Inc. engages in the exploration and development of gold. Revival Gold Inc. was incorporated in 2008 and is headquartered in Toronto, Canada. REVIVAL GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Revival Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Revival 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 Revival 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 Revival Gold's important profitability drivers and their relationship over time.
Use Revival 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 Revival 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 Revival Gold will appreciate offsetting losses from the drop in the long position's value.Revival Gold Pair Trading
Revival Gold Pair Trading Analysis
The ability to find closely correlated positions to Revival 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 Revival 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 Revival 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 Revival Gold to buy it.
The correlation of Revival 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 Revival Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Revival 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 Revival 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 Revival Gold position
In addition to having Revival 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Tools for Revival Stock Analysis
When running Revival Gold's price analysis, check to measure Revival Gold'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 Revival Gold is operating at the current time. Most of Revival Gold's value examination focuses on studying past and present price action to predict the probability of Revival Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revival Gold's price. Additionally, you may evaluate how the addition of Revival Gold to your portfolios can decrease your overall portfolio volatility.