Cassiar Gold Return On Asset vs. Market Capitalization
| GLDC Stock | CAD 0.19 0.02 9.52% |
For Cassiar Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cassiar Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cassiar Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cassiar Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cassiar Gold Corp over time as well as its relative position and ranking within its peers.
Cassiar |
Cassiar Gold Corp Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cassiar Gold's current stock value. Our valuation model uses many indicators to compare Cassiar Gold value to that of its competitors to determine the firm's financial worth. Cassiar Gold Corp is rated # 2 in return on asset category among its peers. It is rated # 3 in market capitalization category among its peers . At this time, Cassiar Gold's Market Cap is fairly stable compared to the past year. 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 Cassiar Gold's earnings, one of the primary drivers of an investment's value.Cassiar Market Capitalization 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.
Cassiar Gold |
| = | -0.0333 |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Cassiar Gold |
| = | 26.08 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Cassiar Market Capitalization vs Competition
Cassiar Gold Corp is rated # 3 in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 166.38 Million. Cassiar Gold retains roughly 26.08 Million in market capitalization claiming about 16% of all equities under Materials industry.
Cassiar Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cassiar Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cassiar Gold will eventually generate negative long term returns. The profitability progress is the general direction of Cassiar Gold's change in net profit over the period of time. It can combine multiple indicators of Cassiar 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3.4 M | 3 M | |
| Operating Income | -2.5 M | -2.3 M | |
| Income Before Tax | -1.6 M | -1.6 M | |
| Total Other Income Expense Net | 1.1 M | 1.2 M | |
| Net Loss | -1.6 M | -1.6 M | |
| Income Tax Expense | (5.75) | (5.46) | |
| Net Loss | -3.2 M | -3.3 M | |
| Net Loss | -3.2 M | -3.3 M | |
| Change To Netincome | 1.2 M | 1.3 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 1.79 | 1.88 | |
| Net Income Per E B T | 0.79 | 0.91 |
Cassiar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cassiar 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 Cassiar 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 Cassiar Gold's important profitability drivers and their relationship over time.
Use Cassiar 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 Cassiar 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 Cassiar Gold will appreciate offsetting losses from the drop in the long position's value.Cassiar Gold Pair Trading
Cassiar Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Cassiar 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 Cassiar 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 Cassiar 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 Cassiar Gold Corp to buy it.
The correlation of Cassiar 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 Cassiar Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cassiar 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 Cassiar 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 Cassiar Gold position
In addition to having Cassiar 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
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Additional Tools for Cassiar Stock Analysis
When running Cassiar Gold's price analysis, check to measure Cassiar Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.