Based on the measurements of profitability obtained from Dynacor Gold's financial statements, Dynacor Gold Mines is yielding more profit at the present time then in previous quarter. It has a moderate likelihood of reporting better profitability numbers in January. Profitability indicators assess Dynacor Gold's ability to earn profits and add value for shareholders.
For Dynacor Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dynacor Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dynacor Gold Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dynacor Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dynacor Gold Mines over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between Dynacor Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynacor Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynacor Gold'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.
Dynacor Gold Mines Number Of Shares Shorted vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dynacor Gold's current stock value. Our valuation model uses many indicators to compare Dynacor Gold value to that of its competitors to determine the firm's financial worth.
Dynacor Gold Mines is one of the top stocks in price to sales category among its peers. It is rated # 4 in number of shares shorted category among its peers making about 21,196 of Number Of Shares Shorted per Price To Sales. At this time, Dynacor Gold's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dynacor Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dynacor Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Dynacor Number Of Shares Shorted vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Dynacor Gold
P/S
=
MV Per Share
Revenue Per Share
=
0.84 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Dynacor Gold
Shares Shorted
=
Shorted by Public
+
by Institutions
=
17.76 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Dynacor Number Of Shares Shorted Comparison
Dynacor Gold is currently under evaluation in number of shares shorted category among its peers.
Dynacor Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dynacor Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dynacor Gold will eventually generate negative long term returns. The profitability progress is the general direction of Dynacor Gold's change in net profit over the period of time. It can combine multiple indicators of Dynacor 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.
Profitability drivers are factors that can directly affect your investment outlook on Dynacor 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 Dynacor 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 Dynacor Gold's important profitability drivers and their relationship over time.
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 Dynacor 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 Dynacor Gold will appreciate offsetting losses from the drop in the long position's value.
Dynacor Gold Pair Trading
Dynacor Gold Mines Pair Trading Analysis
The ability to find closely correlated positions to Dynacor 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 Dynacor 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 Dynacor 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 Dynacor Gold Mines to buy it.
The correlation of Dynacor 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 Dynacor Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynacor Gold Mines 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 Dynacor 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.
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To fully project Dynacor Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dynacor Gold Mines 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 Dynacor Gold's income statement, its balance sheet, and the statement of cash flows.
Potential Dynacor Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dynacor Gold investors may work on each financial statement separately, they are all related. The changes in Dynacor Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dynacor Gold'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.
