South Star Price To Book vs. Gross Profit
| STSBF Stock | USD 0.39 0.04 9.30% |
For South Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of South Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well South Star Battery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between South Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of South Star Battery over time as well as its relative position and ranking within its peers.
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South Star Battery Gross Profit vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining South Star's current stock value. Our valuation model uses many indicators to compare South Star value to that of its competitors to determine the firm's financial worth. South Star Battery is rated third in price to book category among its peers. It is currently regarded as top stock in gross profit 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 South Star's earnings, one of the primary drivers of an investment's value.South Gross Profit 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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| = | 2.40 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
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| = | (47.44 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
South Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in South Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, South Star will eventually generate negative long term returns. The profitability progress is the general direction of South Star's change in net profit over the period of time. It can combine multiple indicators of South Star, 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.
South Star Battery Metals Corp. engages in the exploration and development of mineral properties in Brazil. South Star Battery Metals Corp. was incorporated in 1984 and is headquartered in Vancouver, Canada. South Star operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 12 people.
South Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on South Star. 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 South Star 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 South Star's important profitability drivers and their relationship over time.
Use South Star 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 South Star 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 South Star will appreciate offsetting losses from the drop in the long position's value.South Star Pair Trading
South Star Battery Pair Trading Analysis
The ability to find closely correlated positions to South Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Star 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 South Star - 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 South Star Battery to buy it.
The correlation of South Star 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 South Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Star Battery 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 South Star 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 South Star position
In addition to having South Star 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 Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 42 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 Exotic Funds Theme or any other thematic opportunities.
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Other Information on Investing in South OTC Stock
To fully project South Star's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of South Star Battery 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 South Star's income statement, its balance sheet, and the statement of cash flows.