Golden Developing Return On Equity vs. EBITDA
Considering the key profitability indicators obtained from Golden Developing's historical financial statements, Golden Developing Solutions may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Golden Developing's ability to earn profits and add value for shareholders.
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For Golden Developing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Golden Developing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Golden Developing Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Golden Developing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Golden Developing Solutions over time as well as its relative position and ranking within its peers.
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Golden Developing EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Golden Developing's current stock value. Our valuation model uses many indicators to compare Golden Developing value to that of its competitors to determine the firm's financial worth. Golden Developing Solutions is rated # 4 in return on equity category among its peers. It is one of the top stocks in ebitda 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 Golden Developing's earnings, one of the primary drivers of an investment's value.Golden EBITDA 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.
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| = | -0.78 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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| = | (479.91 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Golden EBITDA Comparison
Golden Developing is currently under evaluation in ebitda category among its peers.
Golden Developing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Golden Developing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Golden Developing will eventually generate negative long term returns. The profitability progress is the general direction of Golden Developing's change in net profit over the period of time. It can combine multiple indicators of Golden Developing, 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.
Golden Developing Solutions, Inc., together with its subsidiaries, engages in developing an online retail business for cannabidiol products. Golden Developing Solutions, Inc. was incorporated in 1998 and is based in Fort Lauderdale, Florida. Golden Developing is traded on OTC Exchange in the United States.
Golden Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Golden Developing. 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 Golden Developing 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 Golden Developing's important profitability drivers and their relationship over time.
Use Golden Developing 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 Golden Developing 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 Golden Developing will appreciate offsetting losses from the drop in the long position's value.Golden Developing Pair Trading
Golden Developing Solutions Pair Trading Analysis
The ability to find closely correlated positions to Golden Developing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Developing 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 Golden Developing - 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 Golden Developing Solutions to buy it.
The correlation of Golden Developing 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 Golden Developing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Developing 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 Golden Developing 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 Golden Developing position
In addition to having Golden Developing 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 Golden Pink Sheet Analysis
When running Golden Developing's price analysis, check to measure Golden Developing'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 Golden Developing is operating at the current time. Most of Golden Developing's value examination focuses on studying past and present price action to predict the probability of Golden Developing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Developing's price. Additionally, you may evaluate how the addition of Golden Developing to your portfolios can decrease your overall portfolio volatility.