St-Georges Eco-Mining Shares Owned By Institutions vs. Return On Asset
| SXOOF Stock | USD 0.03 0 4.85% |
For St-Georges Eco-Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of St-Georges Eco-Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well St Georges Eco Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between St-Georges Eco-Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of St Georges Eco Mining Corp over time as well as its relative position and ranking within its peers.
St-Georges |
St-Georges Eco-Mining Return On Asset vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining St-Georges Eco-Mining's current stock value. Our valuation model uses many indicators to compare St-Georges Eco-Mining value to that of its competitors to determine the firm's financial worth. St Georges Eco Mining Corp is rated below average in shares owned by institutions category among its peers. It is rated below average in return on asset 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 St-Georges Eco-Mining's earnings, one of the primary drivers of an investment's value.St-Georges Return On Asset vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
St-Georges Eco-Mining |
| = | 0.88 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
St-Georges Eco-Mining |
| = | -0.29 |
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.
St-Georges Return On Asset Comparison
St Georges is currently under evaluation in return on asset category among its peers.
St-Georges Eco-Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in St-Georges Eco-Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, St-Georges Eco-Mining will eventually generate negative long term returns. The profitability progress is the general direction of St-Georges Eco-Mining's change in net profit over the period of time. It can combine multiple indicators of St-Georges Eco-Mining, 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.
St-Georges Eco-Mining Corp. engages in the exploration and evaluation of mineral properties in Canada and Iceland. St-Georges Eco-Mining Corp. was incorporated in 2002 and is headquartered in Montreal, Canada. St Georges is traded on OTC Exchange in the United States.
St-Georges Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on St-Georges Eco-Mining. 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 St-Georges Eco-Mining 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 St-Georges Eco-Mining's important profitability drivers and their relationship over time.
Use St-Georges Eco-Mining 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 St-Georges Eco-Mining 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 St-Georges Eco-Mining will appreciate offsetting losses from the drop in the long position's value.St-Georges Eco-Mining Pair Trading
St Georges Eco Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to St-Georges Eco-Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St-Georges Eco-Mining 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 St-Georges Eco-Mining - 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 St Georges Eco Mining Corp to buy it.
The correlation of St-Georges Eco-Mining 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 St-Georges Eco-Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St-Georges Eco-Mining 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 St-Georges Eco-Mining 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 St-Georges Eco-Mining position
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Other Information on Investing in St-Georges OTC Stock
To fully project St-Georges Eco-Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of St-Georges Eco-Mining 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 St-Georges Eco-Mining's income statement, its balance sheet, and the statement of cash flows.