Bravada Gold Return On Asset vs. EBITDA
| BGAVF Stock | USD 0.01 0.0007 6.42% |
For Bravada Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bravada Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bravada Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bravada Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bravada Gold over time as well as its relative position and ranking within its peers.
Bravada |
Bravada Gold EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bravada Gold's current stock value. Our valuation model uses many indicators to compare Bravada Gold value to that of its competitors to determine the firm's financial worth. Bravada Gold is rated fourth in return on asset category among its peers. It is rated second 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 Bravada Gold's earnings, one of the primary drivers of an investment's value.Bravada 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.
Bravada Gold |
| = | -1.33 |
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.
Bravada Gold |
| = | (1.33 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.
Bravada EBITDA Comparison
Bravada Gold is currently under evaluation in ebitda category among its peers.
Bravada Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bravada Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bravada Gold will eventually generate negative long term returns. The profitability progress is the general direction of Bravada Gold's change in net profit over the period of time. It can combine multiple indicators of Bravada 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.
Bravada Gold Corporation engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. Bravada Gold Corporation was incorporated in 2009 and is based in Vancouver, Canada. BRAVADA GOLD operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Bravada Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bravada 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 Bravada 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 Bravada Gold's important profitability drivers and their relationship over time.
Use Bravada 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 Bravada 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 Bravada Gold will appreciate offsetting losses from the drop in the long position's value.Bravada Gold Pair Trading
Bravada Gold Pair Trading Analysis
The ability to find closely correlated positions to Bravada 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 Bravada 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 Bravada 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 Bravada Gold to buy it.
The correlation of Bravada 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 Bravada Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bravada 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 Bravada 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 Bravada Gold position
In addition to having Bravada 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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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.
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Other Information on Investing in Bravada OTC Stock
To fully project Bravada Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bravada 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 Bravada Gold's income statement, its balance sheet, and the statement of cash flows.