1911 Gold Cash And Equivalents vs. Return On Asset

AUMBF Stock  USD 0.11  0.01  14.58%   
Based on the measurements of profitability obtained from 1911 Gold's financial statements, 1911 Gold Corp 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 1911 Gold's ability to earn profits and add value for shareholders.
For 1911 Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 1911 Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 1911 Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 1911 Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 1911 Gold Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between 1911 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1911 Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1911 Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

1911 Gold Corp Return On Asset vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 1911 Gold's current stock value. Our valuation model uses many indicators to compare 1911 Gold value to that of its competitors to determine the firm's financial worth.
1911 Gold Corp is rated fourth in cash and equivalents category among its peers. It is rated below average in return on asset 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 1911 Gold's earnings, one of the primary drivers of an investment's value.

1911 Return On Asset vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

1911 Gold

Cash

 = 

Bank Deposits

+

Liquidities

 = 
1.64 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.

1911 Gold

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.23
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.

1911 Return On Asset Comparison

1911 Gold is currently under evaluation in return on asset category among its peers.

1911 Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 1911 Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 1911 Gold will eventually generate negative long term returns. The profitability progress is the general direction of 1911 Gold's change in net profit over the period of time. It can combine multiple indicators of 1911 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.
1911 Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of precious metals. The company was formerly known as Havilah Mining Corporation and changed its name to 1911 Gold Corporation in June 2019. 1911 Gold Corporation was incorporated in 2018 and is based in Vancouver, Canada. 1911 Gold is traded on OTC Exchange in the United States.

1911 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 1911 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 1911 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 1911 Gold's important profitability drivers and their relationship over time.

Use 1911 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 1911 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 1911 Gold will appreciate offsetting losses from the drop in the long position's value.

1911 Gold Pair Trading

1911 Gold Corp Pair Trading Analysis

The ability to find closely correlated positions to 1911 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 1911 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 1911 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 1911 Gold Corp to buy it.
The correlation of 1911 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 1911 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1911 Gold Corp 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 1911 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your 1911 Gold position

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Music and Video Theme
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 36 constituents at this time.
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Other Information on Investing in 1911 Pink Sheet

To fully project 1911 Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 1911 Gold Corp 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 1911 Gold's income statement, its balance sheet, and the statement of cash flows.
Potential 1911 Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although 1911 Gold investors may work on each financial statement separately, they are all related. The changes in 1911 Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 1911 Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.