Dana Resources Net Income vs. Beta
Based on Dana Resources' profitability indicators, Dana Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Dana Resources' ability to earn profits and add value for shareholders.
Check out Investing Opportunities. To learn how to invest in Dana Stock, please use our How to Invest in Dana Resources guide.
Net Loss | First Reported 2010-12-31 | Previous Quarter -312.3 K | Current Value -327.9 K | Quarterly Volatility 77.4 K |
For Dana Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dana Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dana Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dana Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dana Resources over time as well as its relative position and ranking within its peers.
Dana |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dana Resources. If investors know Dana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dana Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.30) | Return On Equity (2.38) |
The market value of Dana Resources is measured differently than its book value, which is the value of Dana that is recorded on the company's balance sheet. Investors also form their own opinion of Dana Resources' value that differs from its market value or its book value, called intrinsic value, which is Dana Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dana Resources' market value can be influenced by many factors that don't directly affect Dana Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dana Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dana Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dana Resources' 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.
Dana Resources Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dana Resources's current stock value. Our valuation model uses many indicators to compare Dana Resources value to that of its competitors to determine the firm's financial worth. Dana Resources is one of the top stocks in net income category among its peers. It is rated # 5 in beta category among its peers . At this time, Dana Resources' Net Loss is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Dana Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Dana Beta vs. Net Income
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.
Dana Resources |
| = | (347 K) |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Dana Resources |
| = | -4.75 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Dana Beta Comparison
Dana Resources is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Dana Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Dana Resources is expected to outperform it.
Dana Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dana Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dana Resources will eventually generate negative long term returns. The profitability progress is the general direction of Dana Resources' change in net profit over the period of time. It can combine multiple indicators of Dana Resources, 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 | ||
| Operating Income | -312.3 K | -327.9 K | |
| Net Loss | -312.3 K | -327.9 K | |
| Income Before Tax | -312.3 K | -327.9 K | |
| Net Loss | -312.3 K | -327.9 K | |
| Net Loss | -312.3 K | -327.9 K | |
| Change To Netincome | -5.1 K | -5.3 K |
Dana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dana Resources. 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 Dana Resources 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 Dana Resources' important profitability drivers and their relationship over time.
Use Dana Resources 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 Dana Resources 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 Dana Resources will appreciate offsetting losses from the drop in the long position's value.Dana Resources Pair Trading
Dana Resources Pair Trading Analysis
The ability to find closely correlated positions to Dana Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dana Resources 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 Dana Resources - 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 Dana Resources to buy it.
The correlation of Dana Resources 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 Dana Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dana Resources 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 Dana Resources 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 Dana Resources position
In addition to having Dana Resources 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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Additional Tools for Dana Stock Analysis
When running Dana Resources' price analysis, check to measure Dana Resources' 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 Dana Resources is operating at the current time. Most of Dana Resources' value examination focuses on studying past and present price action to predict the probability of Dana Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana Resources' price. Additionally, you may evaluate how the addition of Dana Resources to your portfolios can decrease your overall portfolio volatility.