Gold Terra Return On Equity vs. Net Income
| YGT Stock | CAD 0.06 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.05) | Current Value (0.05) | Quarterly Volatility 0.15652574 |
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.
Gold |
Gold Terra Resource Net Income vs. Return On Equity 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 second in return on equity category among its peers. It is rated second in net income category among its peers . At this time, Gold Terra's Return On Equity 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 Gold Terra's earnings, one of the primary drivers of an investment's value.Gold Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Gold Terra |
| = | -0.0442 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Gold Terra |
| = | (2.24 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gold Net Income Comparison
Gold Terra is currently under evaluation in net income 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 Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 42 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 Exotic Funds 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.