Headwater Gold Market Capitalization vs. Shares Outstanding
| HWAUF Stock | USD 0.16 0.01 6.67% |
For Headwater Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Headwater Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Headwater Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Headwater Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Headwater Gold over time as well as its relative position and ranking within its peers.
Headwater |
Headwater Gold Shares Outstanding vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Headwater Gold's current stock value. Our valuation model uses many indicators to compare Headwater Gold value to that of its competitors to determine the firm's financial worth. Headwater Gold is one of the top stocks in market capitalization category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 3.75 of Shares Outstanding per Market Capitalization. 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 Headwater Gold's earnings, one of the primary drivers of an investment's value.Headwater Market Capitalization vs. Competition
Headwater Gold is one of the top stocks in market capitalization category among its peers. Market capitalization of Gold industry is currently estimated at about 1.51 Billion. Headwater Gold maintains roughly 14.67 Million in market capitalization contributing less than 1% to equities under Gold industry.
Headwater Shares Outstanding vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Headwater Gold |
| = | 14.67 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Headwater Gold |
| = | 55.01 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Headwater Shares Outstanding Comparison
Headwater Gold is currently under evaluation in shares outstanding category among its peers.
Headwater Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Headwater Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Headwater Gold will eventually generate negative long term returns. The profitability progress is the general direction of Headwater Gold's change in net profit over the period of time. It can combine multiple indicators of Headwater 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.
Headwater Gold Inc. engages in the acquisition and exploration of precious metal properties in the United States. The company was incorporated in 2019 and is based in Vancouver, Canada. Headwater Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Headwater Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Headwater 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 Headwater 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 Headwater Gold's important profitability drivers and their relationship over time.
Use Headwater 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 Headwater 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 Headwater Gold will appreciate offsetting losses from the drop in the long position's value.Headwater Gold Pair Trading
Headwater Gold Pair Trading Analysis
The ability to find closely correlated positions to Headwater 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 Headwater 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 Headwater 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 Headwater Gold to buy it.
The correlation of Headwater 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 Headwater Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Headwater 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 Headwater 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 Headwater Gold position
In addition to having Headwater 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?
Run Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 29 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 Precious Metals Funds Theme or any other thematic opportunities.
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Other Information on Investing in Headwater OTC Stock
To fully project Headwater Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Headwater 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 Headwater Gold's income statement, its balance sheet, and the statement of cash flows.