Stone Gold Price To Book vs. Earnings Per Share
| 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.
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Stone Gold Earnings Per Share vs. Price To Book 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 price to book category among its peers. It also is currently regarded as top stock in earnings per share category among its peers creating about 0.02 of Earnings Per Share per Price To Book. The ratio of Price To Book to Earnings Per Share for Stone Gold is roughly 66.17 . 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 Earnings Per Share vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 16.54 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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| = | 0.25 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Stone Earnings Per Share Comparison
Stone Gold is currently under evaluation in earnings per share category among its peers.
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?
Run Cash Cows Thematic Idea Now
Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 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 Cash Cows Theme or any other thematic opportunities.
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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.