Zinc8 Energy Shares Outstanding vs. Price To Book

ZAIRF Stock  USD 0.03  0  4.85%   
Based on the key profitability measurements obtained from Zinc8 Energy's financial statements, Zinc8 Energy Solutions may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Zinc8 Energy's ability to earn profits and add value for shareholders.
For Zinc8 Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zinc8 Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zinc8 Energy Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zinc8 Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zinc8 Energy Solutions 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 Zinc8 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zinc8 Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zinc8 Energy'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.

Zinc8 Energy Solutions Price To Book vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zinc8 Energy's current stock value. Our valuation model uses many indicators to compare Zinc8 Energy value to that of its competitors to determine the firm's financial worth.
Zinc8 Energy Solutions is rated first in shares outstanding category among its peers. It is rated first in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Zinc8 Energy Solutions is about  28,385,828 . 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 Zinc8 Energy's earnings, one of the primary drivers of an investment's value.

Zinc8 Price To Book 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.

Zinc8 Energy

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
162.58 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Zinc8 Energy

P/B

 = 

MV Per Share

BV Per Share

 = 
5.73 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Zinc8 Price To Book Comparison

Zinc8 Energy is currently under evaluation in price to book category among its peers.

Zinc8 Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zinc8 Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zinc8 Energy will eventually generate negative long term returns. The profitability progress is the general direction of Zinc8 Energy's change in net profit over the period of time. It can combine multiple indicators of Zinc8 Energy, 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.
Zinc8 Energy Solutions Inc. develops and commercializes zinc-air flow batteries. Zinc8 Energy Solutions Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Zinc8 Energy is traded on OTC Exchange in the United States.

Zinc8 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Zinc8 Energy. 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 Zinc8 Energy 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 Zinc8 Energy's important profitability drivers and their relationship over time.

Use Zinc8 Energy 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 Zinc8 Energy 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 Zinc8 Energy will appreciate offsetting losses from the drop in the long position's value.

Zinc8 Energy Pair Trading

Zinc8 Energy Solutions Pair Trading Analysis

The ability to find closely correlated positions to Zinc8 Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zinc8 Energy 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 Zinc8 Energy - 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 Zinc8 Energy Solutions to buy it.
The correlation of Zinc8 Energy 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 Zinc8 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zinc8 Energy Solutions 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 Zinc8 Energy 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 Zinc8 Energy position

In addition to having Zinc8 Energy 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 Basic Utilities Thematic Idea Now

Basic Utilities
Basic Utilities Theme
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities 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 Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Zinc8 Pink Sheet

To fully project Zinc8 Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zinc8 Energy Solutions 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 Zinc8 Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Zinc8 Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zinc8 Energy investors may work on each financial statement separately, they are all related. The changes in Zinc8 Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zinc8 Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.