Gold Terra Current Valuation vs. Short Ratio
| YGT Stock | CAD 0.06 0.00 0.00% |
For Gold Terra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold Terra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold Terra Resource utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold Terra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold Terra Resource over time as well as its relative position and ranking within its peers.
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Gold Terra Resource Short Ratio vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold Terra's current stock value. Our valuation model uses many indicators to compare Gold Terra value to that of its competitors to determine the firm's financial worth. Gold Terra Resource is rated fifth in current valuation category among its peers. It is rated third in short ratio category among its peers . The ratio of Current Valuation to Short Ratio for Gold Terra Resource is about 33,869,559 . 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 Gold Terra's earnings, one of the primary drivers of an investment's value.Gold Current Valuation vs. Competition
Gold Terra Resource is rated fifth 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 191.49 Million. Gold Terra retains roughly 19.64 Million in current valuation claiming about 10% of all equities under Materials industry.
Gold Short Ratio 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.
Gold Terra |
| = | 19.64 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.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Gold Terra |
| = | 0.58 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Gold Short Ratio Comparison
Gold Terra is currently under evaluation in short ratio category among its peers.
Gold Terra Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold Terra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold Terra will eventually generate negative long term returns. The profitability progress is the general direction of Gold Terra's change in net profit over the period of time. It can combine multiple indicators of Gold Terra, 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 | 5.2 M | 2.7 M | |
| Operating Income | -2.2 M | -2.1 M | |
| Net Loss | -2.2 M | -2.1 M | |
| Income Tax Expense | 726.8 K | 763.1 K | |
| Income Before Tax | -1.8 M | -1.9 M | |
| Total Other Income Expense Net | 335.1 K | 351.9 K | |
| Net Interest Income | 702.90 | 667.76 | |
| Interest Income | 702.90 | 667.76 | |
| Net Loss | -2.2 M | -2.4 M | |
| Net Loss | -1.7 M | -1.8 M | |
| Change To Netincome | -249.3 K | -261.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.90 | 1.31 | |
| Net Income Per E B T | 1.22 | 1.72 |
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gold Terra. 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 Gold Terra 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 Gold Terra's important profitability drivers and their relationship over time.
Use Gold Terra 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 Gold Terra 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 Gold Terra will appreciate offsetting losses from the drop in the long position's value.Gold Terra Pair Trading
Gold Terra Resource Pair Trading Analysis
The ability to find closely correlated positions to Gold Terra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Terra 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 Gold Terra - 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 Gold Terra Resource to buy it.
The correlation of Gold Terra 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 Gold Terra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Terra Resource 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 Gold Terra 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 Gold Terra position
In addition to having Gold Terra 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 Health Care ETFs Thematic Idea Now
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 Gold Stock Analysis
When running Gold Terra's price analysis, check to measure Gold Terra'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 Gold Terra is operating at the current time. Most of Gold Terra's value examination focuses on studying past and present price action to predict the probability of Gold Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Terra's price. Additionally, you may evaluate how the addition of Gold Terra to your portfolios can decrease your overall portfolio volatility.