Homeland Resources Return On Asset vs. Current Valuation
| HMLA Stock | USD 0.0002 0.0001 100.00% |
For Homeland Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Homeland Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Homeland Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Homeland Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Homeland Resources over time as well as its relative position and ranking within its peers.
Homeland |
Homeland Resources Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Homeland Resources's current stock value. Our valuation model uses many indicators to compare Homeland Resources value to that of its competitors to determine the firm's financial worth. Homeland Resources is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Homeland Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Homeland Resources' Pink Sheet. 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.Homeland Current Valuation vs. Return On Asset
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.
Homeland Resources |
| = | -1.22 |
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.
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.
Homeland Resources |
| = | 591.26 K |
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.
Homeland Current Valuation vs Competition
Homeland 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 Oil & Gas E&P industry is currently estimated at about 5.85 Trillion. Homeland Resources adds roughly 591,258 in current valuation claiming only tiny portion of all equities under Oil & Gas E&P industry.
Homeland Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Homeland Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Homeland Resources will eventually generate negative long term returns. The profitability progress is the general direction of Homeland Resources' change in net profit over the period of time. It can combine multiple indicators of Homeland 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.
Himalaya Technologies, Inc., a development stage company, provides information services for the cannabis industry. Himalaya Technologies, Inc. was incorporated in 2003 and is based in Chicago, Illinois. Homeland Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Homeland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Homeland 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 Homeland 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 Homeland Resources' important profitability drivers and their relationship over time.
Use Homeland 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 Homeland 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 Homeland Resources will appreciate offsetting losses from the drop in the long position's value.Homeland Resources Pair Trading
Homeland Resources Pair Trading Analysis
The ability to find closely correlated positions to Homeland 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 Homeland 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 Homeland 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 Homeland Resources to buy it.
The correlation of Homeland 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 Homeland Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Homeland 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 Homeland 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 Homeland Resources position
In addition to having Homeland 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Other Information on Investing in Homeland Pink Sheet
To fully project Homeland Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Homeland Resources 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 Homeland Resources' income statement, its balance sheet, and the statement of cash flows.