Cassiar Gold Shares Owned By Institutions vs. Book Value Per Share
| GLDC Stock | CAD 0.21 0.01 4.55% |
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 Book Value Per Share vs. Shares Owned By Institutions 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 one of the top stocks in shares owned by institutions category among its peers. It also is one of the top stocks in book value per share category among its peers creating about 0.64 of Book Value Per Share per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Book Value Per Share for Cassiar Gold Corp is roughly 1.57 . At this time, Cassiar Gold's Book Value Per Share 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 Book Value Per Share vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Cassiar Gold |
| = | 0.60 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
Cassiar Gold |
| = | 0.38 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.
Cassiar Book Value Per Share Comparison
Cassiar Gold is currently under evaluation in book value per share category among its peers.
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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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.