Galore Resources Price To Earning vs. Current Valuation
| GRI Stock | CAD 0.01 0.00 0.00% |
For Galore Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galore Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galore Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galore Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galore Resources over time as well as its relative position and ranking within its peers.
Galore |
Galore Resources Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galore Resources's current stock value. Our valuation model uses many indicators to compare Galore Resources value to that of its competitors to determine the firm's financial worth. Galore Resources is one of the top stocks in price to earning category among its peers. It also is rated as one of the top companies in current valuation 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 Galore Resources' earnings, one of the primary drivers of an investment's value.Galore Current Valuation vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Galore Resources |
| = | (15.00) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Galore Resources |
| = | 2.61 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Galore Current Valuation vs Competition
Galore Resources is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 13.37 Billion. Galore Resources adds roughly 2.61 Million in current valuation claiming only tiny portion of all equities under Materials industry.
Galore Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galore Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galore Resources will eventually generate negative long term returns. The profitability progress is the general direction of Galore Resources' change in net profit over the period of time. It can combine multiple indicators of Galore 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 | -506.5 K | -531.8 K | |
| Net Loss | -856.7 K | -813.9 K | |
| Income Before Tax | -856.7 K | -813.9 K | |
| Total Other Income Expense Net | -28.1 K | -26.7 K | |
| Net Loss | -719.1 K | -683.2 K | |
| Net Loss | -856.7 K | -813.9 K | |
| Net Interest Income | -322.1 K | -306 K | |
| Change To Netincome | 339.1 K | 356.1 K |
Galore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galore 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 Galore 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 Galore Resources' important profitability drivers and their relationship over time.
Use Galore 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 Galore 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 Galore Resources will appreciate offsetting losses from the drop in the long position's value.Galore Resources Pair Trading
Galore Resources Pair Trading Analysis
The ability to find closely correlated positions to Galore 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 Galore 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 Galore 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 Galore Resources to buy it.
The correlation of Galore 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 Galore Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galore 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 Galore 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 Galore Resources position
In addition to having Galore 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?
Run Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Additional Tools for Galore Stock Analysis
When running Galore Resources' price analysis, check to measure Galore 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 Galore Resources is operating at the current time. Most of Galore Resources' value examination focuses on studying past and present price action to predict the probability of Galore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galore Resources' price. Additionally, you may evaluate how the addition of Galore Resources to your portfolios can decrease your overall portfolio volatility.