Radius Gold Current Ratio vs. Book Value Per Share
| RDUFF Stock | USD 0.05 0.01 16.67% |
For Radius Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Radius Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Radius Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Radius Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Radius Gold over time as well as its relative position and ranking within its peers.
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Radius Gold Book Value Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Radius Gold's current stock value. Our valuation model uses many indicators to compare Radius Gold value to that of its competitors to determine the firm's financial worth. Radius Gold is currently regarded as top stock in current ratio category among its peers. It also is currently regarded as top stock in book value per share category among its peers . The ratio of Current Ratio to Book Value Per Share for Radius Gold is about 343.75 . 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 Radius Gold's earnings, one of the primary drivers of an investment's value.Radius Book Value Per Share vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 8.25 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.02 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Radius Book Value Per Share Comparison
Radius Gold is currently under evaluation in book value per share category among its peers.
Radius Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Radius Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Radius Gold will eventually generate negative long term returns. The profitability progress is the general direction of Radius Gold's change in net profit over the period of time. It can combine multiple indicators of Radius 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.
Radius Gold Inc. engages in the acquisition and exploration of mineral properties. The company holds interests in the Holly and Banderas project located in Guatemala the Maricela project covering an area of 155 hectares located in Sonora, Mexico the Rambler project covering an area of 10,379-hectares located in Chihuahua, Mexico and the Amalia project covering an area of 10,250 hectares, as well as the Plata Verde project covering an area of 300 hectares located in Chihuahua, Mexico. Radius Gold operates under Gold classification in the United States and is traded on OTC Exchange.
Radius Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Radius 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 Radius 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 Radius Gold's important profitability drivers and their relationship over time.
Use Radius 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 Radius 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 Radius Gold will appreciate offsetting losses from the drop in the long position's value.Radius Gold Pair Trading
Radius Gold Pair Trading Analysis
The ability to find closely correlated positions to Radius 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 Radius 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 Radius 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 Radius Gold to buy it.
The correlation of Radius 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 Radius Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radius 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 Radius 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 Radius Gold position
In addition to having Radius 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?
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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 Broad Commodities ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Radius Pink Sheet
To fully project Radius Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Radius 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 Radius Gold's income statement, its balance sheet, and the statement of cash flows.