Discovery Minerals Stock Fundamentals
| DSCR Stock | USD 0.0001 0.00 0.00% |
Discovery Minerals fundamentals help investors to digest information that contributes to Discovery Minerals' financial success or failures. It also enables traders to predict the movement of Discovery Pink Sheet. The fundamental analysis module provides a way to measure Discovery Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Discovery Minerals pink sheet.
Discovery |
Discovery Minerals Company Net Income Analysis
Discovery Minerals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Discovery Minerals Net Income | (61.39 K) |
Most of Discovery Minerals' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Discovery Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Discovery Minerals reported net income of (61,387). This is 99.49% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The net income for all United States stocks is 100.01% higher than that of the company.
Discovery Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Discovery Minerals's current stock value. Our valuation model uses many indicators to compare Discovery Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Discovery Minerals competition to find correlations between indicators driving Discovery Minerals's intrinsic value. More Info.Discovery Minerals is rated # 2 in current valuation category among its peers. It is one of the top stocks in shares outstanding 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 Discovery Minerals' earnings, one of the primary drivers of an investment's value.Discovery Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Discovery Minerals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Discovery Minerals could also be used in its relative valuation, which is a method of valuing Discovery Minerals by comparing valuation metrics of similar companies.Discovery Minerals is currently under evaluation in net income category among its peers.
Discovery Fundamentals
| Current Valuation | (140.9 K) | |||
| Shares Outstanding | 4.99 B | |||
| Price To Earning | (0.01) X | |||
| Net Income | (61.39 K) | |||
| Cash And Equivalents | 140.95 K | |||
| Total Debt | 133.99 K | |||
| Current Ratio | 176.42 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (470.51 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | -20.09 | |||
| Market Capitalization | 4.99 K | |||
| Total Asset | 1.46 K | |||
| Retained Earnings | (11.73 M) | |||
| Working Capital | (164 K) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 166 K | |||
| Net Asset | 1.46 K |
About Discovery Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Discovery Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Discovery Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Discovery Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Discovery Minerals Ltd. operates as an acquisition and development company that targets natural resource properties. The company was incorporated in 2005 and is based in Reno, Nevada. Discovery Minerals is traded on OTC Exchange in the United States.
Pair Trading with Discovery Minerals
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 Discovery Minerals 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 Discovery Minerals will appreciate offsetting losses from the drop in the long position's value.Moving against Discovery Pink Sheet
The ability to find closely correlated positions to Discovery Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discovery Minerals 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 Discovery Minerals - 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 Discovery Minerals to buy it.
The correlation of Discovery Minerals 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 Discovery Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discovery Minerals 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 Discovery Minerals 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.Additional Tools for Discovery Pink Sheet Analysis
When running Discovery Minerals' price analysis, check to measure Discovery Minerals' 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 Discovery Minerals is operating at the current time. Most of Discovery Minerals' value examination focuses on studying past and present price action to predict the probability of Discovery Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discovery Minerals' price. Additionally, you may evaluate how the addition of Discovery Minerals to your portfolios can decrease your overall portfolio volatility.