Niko Resources Return On Asset vs. Number Of Employees
Based on Niko Resources' profitability indicators, Niko Resources may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Niko Resources' ability to earn profits and add value for shareholders.
Check out Correlation Analysis.
For Niko Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Niko Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Niko Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Niko Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Niko Resources over time as well as its relative position and ranking within its peers.
Niko |
Niko Resources Number Of Employees vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Niko Resources's current stock value. Our valuation model uses many indicators to compare Niko Resources value to that of its competitors to determine the firm's financial worth. Niko Resources is regarded second in return on asset category among its peers. It is considered to be number one stock in number of employees 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 Niko Resources' earnings, one of the primary drivers of an investment's value.Niko Number Of Employees 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.
Niko Resources |
| = | -0.48 |
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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Niko Resources |
| = | 14 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Niko Number Of Employees vs Competition
Niko Resources is considered to be number one stock in number of employees category among its peers. The total workforce of Energy industry is now estimated at about 43.0. Niko Resources totals roughly 14.0 in number of employees claiming about 33% of equities under Energy industry.
Niko Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Niko Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Niko Resources will eventually generate negative long term returns. The profitability progress is the general direction of Niko Resources' change in net profit over the period of time. It can combine multiple indicators of Niko 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.
Niko Resources Ltd. engages in the exploration, development, and production of oil and natural gas primarily in India and Bangladesh. Niko Resources Ltd. was incorporated in 1987 and is headquartered in Calgary, Canada. NIKO RESOURCES is traded on OTC Exchange in the United States.
Niko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Niko 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 Niko 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 Niko Resources' important profitability drivers and their relationship over time.
Use Niko 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 Niko 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 Niko Resources will appreciate offsetting losses from the drop in the long position's value.Niko Resources Pair Trading
Niko Resources Pair Trading Analysis
The ability to find closely correlated positions to Niko 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 Niko 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 Niko 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 Niko Resources to buy it.
The correlation of Niko 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 Niko Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Niko 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 Niko 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 Niko Resources position
In addition to having Niko 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Niko Pink Sheet
To fully project Niko Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Niko 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 Niko Resources' income statement, its balance sheet, and the statement of cash flows.