Unigold Current Valuation vs. Cash Per Share
| UGD Stock | CAD 0.07 0.01 16.67% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.81 | 0.91 |
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For Unigold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unigold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unigold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unigold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unigold over time as well as its relative position and ranking within its peers.
Unigold |
Unigold Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Unigold's current stock value. Our valuation model uses many indicators to compare Unigold value to that of its competitors to determine the firm's financial worth. Unigold is rated third in current valuation category among its peers. It is rated first in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Unigold is about 1,717,965,300 . At this time, Unigold's Cash Per Share is fairly stable compared to the past year. 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 Unigold's earnings, one of the primary drivers of an investment's value.Unigold Current Valuation vs. Competition
Unigold is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 164.29 Million. Unigold retains roughly 17.18 Million in current valuation claiming about 10% of all equities under Materials industry.
Unigold Cash Per Share 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.
Unigold |
| = | 17.18 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Unigold |
| = | 0.01 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Unigold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Unigold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unigold will eventually generate negative long term returns. The profitability progress is the general direction of Unigold's change in net profit over the period of time. It can combine multiple indicators of Unigold, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.5 M | 2.4 M | |
| Operating Income | -3.2 M | -3 M | |
| Income Before Tax | -3.2 M | -3 M | |
| Total Other Income Expense Net | 24.4 K | 25.6 K | |
| Net Loss | -3.2 M | -3 M | |
| Income Tax Expense | 4.00 | 3.80 | |
| Net Loss | -3.2 M | -3.3 M | |
| Net Loss | -6.7 M | -6.4 M | |
| Net Interest Income | 292.00 | 277.40 | |
| Interest Income | 292.00 | 277.40 | |
| Change To Netincome | 290.4 K | 257.3 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 1.00 | 1.05 | |
| Net Income Per E B T | 1.05 | 2.06 |
Unigold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Unigold. 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 Unigold 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 Unigold's important profitability drivers and their relationship over time.
Use Unigold 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 Unigold 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 Unigold will appreciate offsetting losses from the drop in the long position's value.Unigold Pair Trading
Unigold Pair Trading Analysis
The ability to find closely correlated positions to Unigold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unigold 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 Unigold - 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 Unigold to buy it.
The correlation of Unigold 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 Unigold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unigold 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 Unigold 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 Unigold position
In addition to having Unigold 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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Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
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Additional Tools for Unigold Stock Analysis
When running Unigold's price analysis, check to measure Unigold'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 Unigold is operating at the current time. Most of Unigold's value examination focuses on studying past and present price action to predict the probability of Unigold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unigold's price. Additionally, you may evaluate how the addition of Unigold to your portfolios can decrease your overall portfolio volatility.