South Star Return On Asset vs. Book Value Per Share
| 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 Book Value Per Share vs. Return On Asset 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 second in return on asset category among its peers. It is currently regarded as top stock in book value per share 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 Book Value Per Share vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | -0.16 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.34 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
South Book Value Per Share Comparison
South Star is currently under evaluation in book value per share category among its peers.
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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 40 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 Soft Drinks 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.