Stone Gold Cash Flow From Operations vs. Beta
| STGDF Stock | USD 0.01 0.00 0.00% |
For Stone Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stone Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stone Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stone Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stone Gold over time as well as its relative position and ranking within its peers.
Stone |
Stone Gold Beta vs. Cash Flow From Operations Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stone Gold's current stock value. Our valuation model uses many indicators to compare Stone Gold value to that of its competitors to determine the firm's financial worth. Stone Gold is currently regarded as top stock in cash flow from operations category among its peers. It is rated second in beta 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 Stone Gold's earnings, one of the primary drivers of an investment's value.Stone Beta vs. Cash Flow From Operations
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Stone Gold |
| = | (743.05 K) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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.
Stone Gold |
| = | 2.14 |
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.
Stone Beta Comparison
Stone 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, Stone Gold will likely underperform.
Stone Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stone Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stone Gold will eventually generate negative long term returns. The profitability progress is the general direction of Stone Gold's change in net profit over the period of time. It can combine multiple indicators of Stone 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.
Stone Gold Inc. engages in the acquisition, exploration, and evaluation of precious and base metal properties in Canada. The company was incorporated in 2002 and is headquartered in Toronto, Canada. Copper Road is traded on OTC Exchange in the United States.
Stone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stone 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 Stone 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 Stone Gold's important profitability drivers and their relationship over time.
Use Stone 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 Stone 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 Stone Gold will appreciate offsetting losses from the drop in the long position's value.Stone Gold Pair Trading
Stone Gold Pair Trading Analysis
The ability to find closely correlated positions to Stone 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 Stone 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 Stone 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 Stone Gold to buy it.
The correlation of Stone 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 Stone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stone 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 Stone 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 Stone Gold position
In addition to having Stone 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?
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Small Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 168 constituents at this time.
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Other Information on Investing in Stone Pink Sheet
To fully project Stone Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Stone 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 Stone Gold's income statement, its balance sheet, and the statement of cash flows.