Troilus Gold Price To Book vs. Net Income
| CHXMF Stock | USD 0.22 0.02 8.33% |
For Troilus Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Troilus Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Troilus Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Troilus Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Troilus Gold Corp over time as well as its relative position and ranking within its peers.
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Troilus Gold Corp Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Troilus Gold's current stock value. Our valuation model uses many indicators to compare Troilus Gold value to that of its competitors to determine the firm's financial worth. Troilus Gold Corp is number one stock in price to book category among its peers. It also is number one stock in net income category among its peers . 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 Troilus Gold's earnings, one of the primary drivers of an investment's value.Troilus Net Income vs. Price To Book
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.
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| = | 8.20 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.
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.
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| = | (36.24 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.
Troilus Net Income Comparison
Troilus Gold is currently under evaluation in net income category among its peers.
Troilus Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Troilus Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Troilus Gold will eventually generate negative long term returns. The profitability progress is the general direction of Troilus Gold's change in net profit over the period of time. It can combine multiple indicators of Troilus Gold, 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.
Troilus Gold Corp. operates as an advanced stage exploration and early-development company in Canada. It holds 100 percent interest in the Troilus project consists of a single mining lease and 2,585 mineral claims covering an area of approximately 1,420 square kilometers located Frott-Evans Greenstone Belt in Quebec. TROILUS GOLD operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 30 people.
Troilus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Troilus Gold. 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 Troilus Gold 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 Troilus Gold's important profitability drivers and their relationship over time.
Use Troilus Gold 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 Troilus Gold 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 Troilus Gold will appreciate offsetting losses from the drop in the long position's value.Troilus Gold Pair Trading
Troilus Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Troilus Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Troilus Gold 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 Troilus Gold - 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 Troilus Gold Corp to buy it.
The correlation of Troilus Gold 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 Troilus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Troilus Gold Corp 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 Troilus Gold 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 Troilus Gold position
In addition to having Troilus Gold 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 45 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 Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in Troilus OTC Stock
To fully project Troilus Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Troilus Gold Corp 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 Troilus Gold's income statement, its balance sheet, and the statement of cash flows.