Galane Gold Operating Margin vs. Return On Asset
| GGGOF Stock | USD 0.19 0.02 9.52% |
For Galane Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galane Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galane Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galane Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galane Gold over time as well as its relative position and ranking within its peers.
Galane |
Galane Gold Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galane Gold's current stock value. Our valuation model uses many indicators to compare Galane Gold value to that of its competitors to determine the firm's financial worth. Galane Gold is rated below average in operating margin category among its peers. It is rated # 5 in return on asset 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 Galane Gold's earnings, one of the primary drivers of an investment's value.Galane Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Galane Gold |
| = | (0.43) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Galane Gold |
| = | -0.0351 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Galane Return On Asset Comparison
Galane Gold is currently under evaluation in return on asset category among its peers.
Galane Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galane Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galane Gold will eventually generate negative long term returns. The profitability progress is the general direction of Galane Gold's change in net profit over the period of time. It can combine multiple indicators of Galane 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.
Galane Gold Ltd., through its subsidiary, Galane Gold Mines Ltd., engages in the exploration, development, and operation of gold mining properties. The company was incorporated in 2007 and is headquartered in Toronto, Canada. GALANE GOLD operates under Gold classification in the United States and is traded on PNK Exchange. It employs 209 people.
Galane Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galane 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 Galane 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 Galane Gold's important profitability drivers and their relationship over time.
Use Galane 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 Galane 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 Galane Gold will appreciate offsetting losses from the drop in the long position's value.Galane Gold Pair Trading
Galane Gold Pair Trading Analysis
The ability to find closely correlated positions to Galane 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 Galane 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 Galane 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 Galane Gold to buy it.
The correlation of Galane 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 Galane Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galane Gold 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 Galane 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 Galane Gold position
In addition to having Galane 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?
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Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 42 constituents at this time.
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Other Information on Investing in Galane OTC Stock
To fully project Galane Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Galane Gold 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 Galane Gold's income statement, its balance sheet, and the statement of cash flows.