Aurcana Corp Return On Asset vs. EBITDA
Considering Aurcana Corp's profitability and operating efficiency indicators, Aurcana Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Aurcana Corp's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census.
Please note, there is a significant difference between Aurcana Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurcana Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurcana Corp'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.
For Aurcana Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurcana Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurcana Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurcana Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurcana Corp over time as well as its relative position and ranking within its peers.
Aurcana |
Aurcana Corp EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurcana Corp's current stock value. Our valuation model uses many indicators to compare Aurcana Corp value to that of its competitors to determine the firm's financial worth. Aurcana Corp is rated fifth in return on asset category among its peers. It is rated below average in ebitda 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 Aurcana Corp's earnings, one of the primary drivers of an investment's value.Aurcana EBITDA 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.
Aurcana Corp |
| = | -0.0906 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Aurcana Corp |
| = | (34.45 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Aurcana EBITDA Comparison
Aurcana Corp is currently under evaluation in ebitda category among its peers.
Aurcana Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurcana Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurcana Corp will eventually generate negative long term returns. The profitability progress is the general direction of Aurcana Corp's change in net profit over the period of time. It can combine multiple indicators of Aurcana Corp, 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.
Aurcana Silver Corporation engages in the exploration, development, and operation of natural resource properties. Aurcana Silver Corporation is headquartered in Vancouver, Canada. Aurcana Corp operates under Silver classification in the United States and is traded on OTC Exchange.
Aurcana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurcana Corp. 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 Aurcana Corp 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 Aurcana Corp's important profitability drivers and their relationship over time.
Use Aurcana Corp 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 Aurcana Corp 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 Aurcana Corp will appreciate offsetting losses from the drop in the long position's value.Aurcana Corp Pair Trading
Aurcana Corp Pair Trading Analysis
The ability to find closely correlated positions to Williams Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Williams Companies 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 Williams Companies - 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 Williams Companies to buy it.
The correlation of Williams Companies 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 Williams Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Williams Companies 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 Williams Companies 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 Aurcana Corp position
In addition to having Aurcana Corp 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the Aurcana Corp information on this page should be used as a complementary analysis to other Aurcana Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Aurcana OTC Stock
If you are still planning to invest in Aurcana Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aurcana Corp's history and understand the potential risks before investing.
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