Gold Price To Book vs. Current Liabilities
| GGSM Stock | USD 0.0007 0.0001 12.50% |
For Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold And Gemstone utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold And Gemstone over time as well as its relative position and ranking within its peers.
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Gold And Gemstone Current Liabilities vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold's current stock value. Our valuation model uses many indicators to compare Gold value to that of its competitors to determine the firm's financial worth. Gold And Gemstone is one of the top stocks in price to book category among its peers. It also is one of the top stocks in current liabilities category among its peers creating about 6,687 of Current Liabilities per Price To Book. 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 Gold's earnings, one of the primary drivers of an investment's value.Gold Current Liabilities vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 72.38 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Gold |
| = | 484 K |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold will eventually generate negative long term returns. The profitability progress is the general direction of Gold's change in net profit over the period of time. It can combine multiple indicators of 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.
Gold and GemStone Mining Inc. focuses on the acquisition, exploration, and development of gold and silver properties in North and South America. Gold and GemStone Mining Inc. was founded in 2008 and is based in Irving, Texas. Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 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 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 Gold's important profitability drivers and their relationship over time.
Use 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 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 Gold will appreciate offsetting losses from the drop in the long position's value.Gold Pair Trading
Gold And Gemstone Pair Trading Analysis
The ability to find closely correlated positions to 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 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 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 Gold And Gemstone to buy it.
The correlation of 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 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold And Gemstone 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 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 Gold position
In addition to having 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?
Run Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 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 Market Neutral Funds Theme or any other thematic opportunities.
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Other Information on Investing in Gold Pink Sheet
To fully project Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gold And Gemstone 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 Gold's income statement, its balance sheet, and the statement of cash flows.