Global Energy Book Value Per Share vs. Current Valuation
GBLEF Stock | USD 0.01 0 17.07% |
For Global Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Energy Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Energy Metals over time as well as its relative position and ranking within its peers.
Global |
Global Energy Metals Current Valuation vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Energy's current stock value. Our valuation model uses many indicators to compare Global Energy value to that of its competitors to determine the firm's financial worth. Global Energy Metals is rated below average in book value per share category among its peers. It is rated below average in current valuation category among its peers reporting about 5,401,578 of Current Valuation per Book Value Per Share. 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 Global Energy's earnings, one of the primary drivers of an investment's value.Global Current Valuation vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Global Energy |
| = | 0.26 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
Global Energy |
| = | 1.39 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.
Global Current Valuation vs Competition
Global Energy Metals is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is currently estimated at about 3.68 Billion. Global Energy adds roughly 1.39 Million in current valuation claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Global Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Energy will eventually generate negative long term returns. The profitability progress is the general direction of Global Energy's change in net profit over the period of time. It can combine multiple indicators of Global Energy, 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.
Global Energy Metals Corporation engages in the exploration for resource properties in Canada, Australia, and the United States. Global Energy Metals Corporation was incorporated in 2015 and is headquartered in Vancouver, Canada. Global Energy operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Energy. 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 Global Energy 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 Global Energy's important profitability drivers and their relationship over time.
Use Global Energy 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 Global Energy 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 Global Energy will appreciate offsetting losses from the drop in the long position's value.Global Energy Pair Trading
Global Energy Metals Pair Trading Analysis
The ability to find closely correlated positions to Global Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Energy 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 Global Energy - 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 Global Energy Metals to buy it.
The correlation of Global Energy 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 Global Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Energy Metals 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 Global Energy 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 Global Energy position
In addition to having Global Energy 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 Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 219 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 Latest Losers Theme or any other thematic opportunities.
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Other Information on Investing in Global OTC Stock
To fully project Global Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Energy Metals 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 Global Energy's income statement, its balance sheet, and the statement of cash flows.