Global Atomic Shares Owned By Institutions vs. Return On Asset

GLO Stock  CAD 0.85  0.03  3.41%   
Based on the measurements of profitability obtained from Global Atomic's financial statements, Global Atomic Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Global Atomic's ability to earn profits and add value for shareholders. At this time, Global Atomic's Price To Sales Ratio is very stable compared to the past year. As of the 15th of December 2024, EV To Sales is likely to grow to 814.97, while Days Sales Outstanding is likely to drop 343.38. At this time, Global Atomic's Income Tax Expense is very stable compared to the past year. As of the 15th of December 2024, Net Interest Income is likely to grow to about 1.2 M, though Accumulated Other Comprehensive Income is likely to grow to (13.5 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.370.6052
Way Down
Slightly volatile
For Global Atomic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Atomic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Atomic Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Atomic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Atomic Corp over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Global Atomic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Atomic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Atomic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Global Atomic Corp Return On Asset vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Global Atomic's current stock value. Our valuation model uses many indicators to compare Global Atomic value to that of its competitors to determine the firm's financial worth.
Global Atomic 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 return on asset category among its peers . As of the 15th of December 2024, Return On Assets is likely to drop to -0.1. Comparative valuation analysis is a catch-all model that can be used if you cannot value Global Atomic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global Atomic's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Global Return On Asset 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.

Global Atomic

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
13.51 %
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.
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.

Global Atomic

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0294
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.

Global Return On Asset Comparison

Global Atomic is currently under evaluation in return on asset category among its peers.

Global Atomic Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Global Atomic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Atomic will eventually generate negative long term returns. The profitability progress is the general direction of Global Atomic's change in net profit over the period of time. It can combine multiple indicators of Global Atomic, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-14.2 M-13.5 M
Operating Income-9.6 M-9.1 M
Income Before Tax-12.5 M-11.8 M
Total Other Income Expense Net-2.9 M-2.7 M
Net Loss-16.6 M-15.8 M
Income Tax Expense4.1 M4.4 M
Net Loss-16.6 M-15.8 M
Net Loss-11.2 M-10.7 M
Net Interest Income1.2 M1.2 M
Interest Income1.2 M1.2 M
Change To Netincome-1.4 M-1.5 M
Net Loss(0.08)(0.09)
Income Quality 0.32  0.31 
Net Income Per E B T 1.00  0.68 

Global Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Global Atomic. 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 Atomic 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 Atomic's important profitability drivers and their relationship over time.

Use Global Atomic 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 Atomic 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 Atomic will appreciate offsetting losses from the drop in the long position's value.

Global Atomic Pair Trading

Global Atomic Corp Pair Trading Analysis

The ability to find closely correlated positions to Global Atomic 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 Atomic 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 Atomic - 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 Atomic Corp to buy it.
The correlation of Global Atomic 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 Atomic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Atomic 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 Global Atomic 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Global Atomic position

In addition to having Global Atomic 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.

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Run Basic Utilities Thematic Idea Now

Basic Utilities
Basic Utilities Theme
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 46 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 Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Global Stock

To fully project Global Atomic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Atomic Corp 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 Atomic's income statement, its balance sheet, and the statement of cash flows.
Potential Global Atomic investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Global Atomic investors may work on each financial statement separately, they are all related. The changes in Global Atomic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Global Atomic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.