HeliosX Lithium Market Capitalization vs. Price To Book
Taking into consideration HeliosX Lithium's profitability measurements, HeliosX Lithium Technologies may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess HeliosX Lithium's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Please note, there is a significant difference between HeliosX Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if HeliosX Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HeliosX Lithium'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.
For HeliosX Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HeliosX Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HeliosX Lithium Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HeliosX Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HeliosX Lithium Technologies over time as well as its relative position and ranking within its peers.
HeliosX |
HeliosX Lithium Tech Price To Book vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HeliosX Lithium's current stock value. Our valuation model uses many indicators to compare HeliosX Lithium value to that of its competitors to determine the firm's financial worth. HeliosX Lithium Technologies is one of the top stocks in market capitalization category among its peers. It also is one of the top stocks in price to book category among its peers . The ratio of Market Capitalization to Price To Book for HeliosX Lithium Technologies is about 2,847,938 . 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 HeliosX Lithium's earnings, one of the primary drivers of an investment's value.HeliosX Market Capitalization vs. Competition
HeliosX Lithium Technologies is one of the top stocks in market capitalization category among its peers. Market capitalization of Other Industrial Metals & Mining industry is currently estimated at about 490.74 Million. HeliosX Lithium holds roughly 14.22 Million in market capitalization claiming about 2.9% of all equities under Other Industrial Metals & Mining industry.
HeliosX Price To Book vs. Market Capitalization
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.
HeliosX Lithium |
| = | 14.22 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.
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.
HeliosX Lithium |
| = | 4.99 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.
HeliosX Price To Book Comparison
HeliosX Lithium is currently under evaluation in price to book category among its peers.
HeliosX Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HeliosX Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HeliosX Lithium will eventually generate negative long term returns. The profitability progress is the general direction of HeliosX Lithium's change in net profit over the period of time. It can combine multiple indicators of HeliosX Lithium, 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.
HeliosX Lithium Technologies Corp. engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada, Argentina, and the United States. HeliosX Lithium Technologies Corp. is headquartered in Calgary, Canada. Heliosx Lithium is traded on OTC Exchange in the United States.
HeliosX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HeliosX Lithium. 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 HeliosX Lithium 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 HeliosX Lithium's important profitability drivers and their relationship over time.
Use HeliosX Lithium 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 HeliosX Lithium 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 HeliosX Lithium will appreciate offsetting losses from the drop in the long position's value.HeliosX Lithium Pair Trading
HeliosX Lithium Technologies Pair Trading Analysis
The ability to find closely correlated positions to Invesco Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Plc 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 Invesco Plc - 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 Invesco Plc to buy it.
The correlation of Invesco Plc 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 Invesco Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Plc 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 Invesco Plc 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 HeliosX Lithium position
In addition to having HeliosX Lithium 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 Gambling Thematic Idea Now
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Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 29 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 Gambling Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in HeliosX OTC Stock
If you are still planning to invest in HeliosX Lithium Tech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the HeliosX Lithium's history and understand the potential risks before investing.
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