Stellar AfricaGold Current Valuation vs. Price To Earning
| SPX Stock | CAD 0.06 0.01 20.00% |
For Stellar AfricaGold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stellar AfricaGold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stellar AfricaGold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stellar AfricaGold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stellar AfricaGold over time as well as its relative position and ranking within its peers.
Stellar |
Stellar AfricaGold Price To Earning vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stellar AfricaGold's current stock value. Our valuation model uses many indicators to compare Stellar AfricaGold value to that of its competitors to determine the firm's financial worth. Stellar AfricaGold is rated fourth in current valuation category among its peers. It is rated second in price to earning 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 Stellar AfricaGold's earnings, one of the primary drivers of an investment's value.Stellar Current Valuation vs. Competition
Stellar AfricaGold is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 217.07 Million. Stellar AfricaGold maintains roughly 1.2 Million in current valuation contributing less than 1% to all equities under Materials industry.
Stellar Price To Earning vs. Current Valuation
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.
Stellar AfricaGold |
| = | 1.2 M |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Stellar AfricaGold |
| = | (2.11) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Stellar AfricaGold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stellar AfricaGold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stellar AfricaGold will eventually generate negative long term returns. The profitability progress is the general direction of Stellar AfricaGold's change in net profit over the period of time. It can combine multiple indicators of Stellar AfricaGold, 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 | ||
| Accumulated Other Comprehensive Income | 1.1 M | 1.1 M | |
| Operating Income | -976 K | -1 M | |
| Income Before Tax | -1.3 M | -1.3 M | |
| Total Other Income Expense Net | 11.2 K | 10.6 K | |
| Net Loss | -1 M | -997.3 K | |
| Income Tax Expense | 1.7 K | 1.8 K | |
| Net Loss | -1 M | -997.3 K | |
| Net Loss | -1.8 M | -1.7 M | |
| Net Interest Income | 12.7 K | 13.3 K | |
| Change To Netincome | 64.5 K | 67.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.11 | 0.10 | |
| Net Income Per E B T | 0.90 | 0.74 |
Stellar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stellar AfricaGold. 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 Stellar AfricaGold 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 Stellar AfricaGold's important profitability drivers and their relationship over time.
Use Stellar AfricaGold 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 Stellar AfricaGold 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 Stellar AfricaGold will appreciate offsetting losses from the drop in the long position's value.Stellar AfricaGold Pair Trading
Stellar AfricaGold Pair Trading Analysis
The ability to find closely correlated positions to Stellar AfricaGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stellar AfricaGold 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 Stellar AfricaGold - 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 Stellar AfricaGold to buy it.
The correlation of Stellar AfricaGold 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 Stellar AfricaGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stellar AfricaGold 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 Stellar AfricaGold 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 Stellar AfricaGold position
In addition to having Stellar AfricaGold 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 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 Large Value Funds Theme or any other thematic opportunities.
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Additional Tools for Stellar Stock Analysis
When running Stellar AfricaGold's price analysis, check to measure Stellar AfricaGold'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 Stellar AfricaGold is operating at the current time. Most of Stellar AfricaGold's value examination focuses on studying past and present price action to predict the probability of Stellar AfricaGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stellar AfricaGold's price. Additionally, you may evaluate how the addition of Stellar AfricaGold to your portfolios can decrease your overall portfolio volatility.