Honey Badger Shares Outstanding vs. Return On Asset

TUF Stock  CAD 0.12  0.01  9.09%   
Considering Honey Badger's profitability and operating efficiency indicators, Honey Badger Silver may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Honey Badger's ability to earn profits and add value for shareholders. At this time, Honey Badger's Return On Capital Employed is fairly stable compared to the past year. Quick Ratio is likely to climb to 1.14 in 2024, despite the fact that Book Value Per Share is likely to grow to (0.01).
For Honey Badger profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Honey Badger to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Honey Badger Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Honey Badger's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Honey Badger Silver over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Honey Badger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honey Badger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honey Badger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Honey Badger Silver Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Honey Badger's current stock value. Our valuation model uses many indicators to compare Honey Badger value to that of its competitors to determine the firm's financial worth.
Honey Badger Silver is rated fifth in shares outstanding category among its peers. It is rated fourth in return on asset category among its peers . Return On Assets is likely to climb to -5.08 in 2024. 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 Honey Badger's earnings, one of the primary drivers of an investment's value.

Honey Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Honey Badger

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
66.12 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Honey Badger

Return On Asset

 = 

Net Income

Total Assets

 = 
-1.34
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.

Honey Return On Asset Comparison

Honey Badger is currently under evaluation in return on asset category among its peers.

Honey Badger Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Honey Badger, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Honey Badger will eventually generate negative long term returns. The profitability progress is the general direction of Honey Badger's change in net profit over the period of time. It can combine multiple indicators of Honey Badger, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.2 M775.4 K
Operating Income-1.9 M-1.8 M
Net Loss-1.8 M-1.7 M
Income Tax Expense-167.9 K-159.5 K
Income Before Tax-1.8 M-1.7 M
Total Other Income Expense Net24 K25.2 K
Net Loss-1.8 M-1.9 M
Net Loss-1.5 M-1.5 M
Net Interest Income2.4 K3.5 K
Interest Income2.4 K4.5 K
Change To Netincome-29.5 K-28.1 K
Net Loss(0.05)(0.05)
Income Quality 0.82  1.13 
Net Loss(1.13)(1.08)

Honey Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Honey Badger. 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 Honey Badger 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 Honey Badger's important profitability drivers and their relationship over time.

Use Honey Badger 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 Honey Badger 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 Honey Badger will appreciate offsetting losses from the drop in the long position's value.

Honey Badger Pair Trading

Honey Badger Silver Pair Trading Analysis

The ability to find closely correlated positions to Honey Badger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honey Badger 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 Honey Badger - 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 Honey Badger Silver to buy it.
The correlation of Honey Badger 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 Honey Badger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honey Badger Silver 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 Honey Badger 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Honey Badger position

In addition to having Honey Badger 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.

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Run Strategy ETFs Thematic Idea Now

Strategy ETFs
Strategy ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1282 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 Strategy ETFs Theme or any other thematic opportunities.
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Additional Tools for Honey Stock Analysis

When running Honey Badger's price analysis, check to measure Honey Badger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honey Badger is operating at the current time. Most of Honey Badger's value examination focuses on studying past and present price action to predict the probability of Honey Badger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honey Badger's price. Additionally, you may evaluate how the addition of Honey Badger to your portfolios can decrease your overall portfolio volatility.