Jaxon Mining Number Of Shares Shorted vs. Return On Equity
| JAX Stock | CAD 0.01 0.00 0.00% |
For Jaxon Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jaxon Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jaxon Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jaxon Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jaxon Mining over time as well as its relative position and ranking within its peers.
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Jaxon Mining Return On Equity vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jaxon Mining's current stock value. Our valuation model uses many indicators to compare Jaxon Mining value to that of its competitors to determine the firm's financial worth. Jaxon Mining is rated fifth overall in number of shares shorted category among its peers. It also is rated fifth overall in return on equity 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 Jaxon Mining's earnings, one of the primary drivers of an investment's value.Jaxon Return On Equity vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Jaxon Mining |
| = | 422 |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
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.
Jaxon Mining |
| = | -0.0818 |
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.
Jaxon Return On Equity Comparison
Jaxon Mining is currently under evaluation in return on equity category among its peers.
Jaxon Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jaxon Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jaxon Mining will eventually generate negative long term returns. The profitability progress is the general direction of Jaxon Mining's change in net profit over the period of time. It can combine multiple indicators of Jaxon Mining, 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 | -562.8 K | -590.9 K | |
| Net Loss | -580.4 K | -609.4 K | |
| Income Before Tax | -580.4 K | -609.4 K | |
| Total Other Income Expense Net | -11 K | -11.5 K | |
| Net Loss | -580.4 K | -609.4 K | |
| Net Loss | -580.4 K | -609.4 K | |
| Net Interest Income | -9 K | -9.4 K | |
| Interest Income | 11.4 K | 8.2 K | |
| Change To Netincome | 101 K | 143.9 K |
Jaxon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jaxon Mining. 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 Jaxon Mining 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 Jaxon Mining's important profitability drivers and their relationship over time.
Use Jaxon Mining 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 Jaxon Mining 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 Jaxon Mining will appreciate offsetting losses from the drop in the long position's value.Jaxon Mining Pair Trading
Jaxon Mining Pair Trading Analysis
The ability to find closely correlated positions to Jaxon Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jaxon Mining 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 Jaxon Mining - 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 Jaxon Mining to buy it.
The correlation of Jaxon Mining 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 Jaxon Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jaxon Mining 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 Jaxon Mining 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 Jaxon Mining position
In addition to having Jaxon Mining 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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Banks
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
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Additional Tools for Jaxon Stock Analysis
When running Jaxon Mining's price analysis, check to measure Jaxon Mining'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 Jaxon Mining is operating at the current time. Most of Jaxon Mining's value examination focuses on studying past and present price action to predict the probability of Jaxon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jaxon Mining's price. Additionally, you may evaluate how the addition of Jaxon Mining to your portfolios can decrease your overall portfolio volatility.