Tarku Resources Current Valuation vs. Beta
| TRKUF Stock | USD 0.01 0 13.70% |
For Tarku Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tarku Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tarku Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tarku Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tarku Resources over time as well as its relative position and ranking within its peers.
Tarku |
Tarku Resources Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tarku Resources's current stock value. Our valuation model uses many indicators to compare Tarku Resources value to that of its competitors to determine the firm's financial worth. Tarku Resources is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock 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 Tarku Resources' earnings, one of the primary drivers of an investment's value.Tarku Current Valuation vs. Competition
Tarku Resources is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is at this time estimated at about 17.17 Million. Tarku Resources retains roughly 2.59 Million in current valuation claiming about 15% of all equities under Other Industrial Metals & Mining industry.
Tarku Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tarku Resources |
| = | 2.59 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Tarku Resources |
| = | -0.056 |
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.
Tarku Beta Comparison
Tarku Resources is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Tarku Resources are expected to decrease at a much lower rate. During the bear market, Tarku Resources is likely to outperform the market.
Tarku Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tarku Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tarku Resources will eventually generate negative long term returns. The profitability progress is the general direction of Tarku Resources' change in net profit over the period of time. It can combine multiple indicators of Tarku Resources, 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.
Tarku Resources Ltd. engages in the exploration of mineral resources in Quebec and Arizona. The company also holds 100 percent interests in the Richardson project covering 42 mining claims covering 2,319 hectares and Bullion project comprising 26 mining claims covering 1,435 hectares situated in Chibougamau. Tarku Res is traded on OTC Exchange in the United States.
Tarku Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tarku Resources. 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 Tarku Resources 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 Tarku Resources' important profitability drivers and their relationship over time.
Use Tarku Resources 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 Tarku Resources 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 Tarku Resources will appreciate offsetting losses from the drop in the long position's value.Tarku Resources Pair Trading
Tarku Resources Pair Trading Analysis
The ability to find closely correlated positions to Tarku Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tarku Resources 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 Tarku Resources - 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 Tarku Resources to buy it.
The correlation of Tarku Resources 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 Tarku Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tarku Resources 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 Tarku Resources 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 Tarku Resources position
In addition to having Tarku Resources 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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Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 43 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 Emerging Markets Funds Theme or any other thematic opportunities.
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Other Information on Investing in Tarku OTC Stock
To fully project Tarku Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tarku Resources 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 Tarku Resources' income statement, its balance sheet, and the statement of cash flows.