Kestrel Gold Return On Asset vs. Cash Per Share
| KGC Stock | CAD 0.03 0.01 14.29% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 516 | 491 |
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| Operating Profit Margin | 516 | 491 |
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For Kestrel Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kestrel Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kestrel Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kestrel Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kestrel Gold over time as well as its relative position and ranking within its peers.
Kestrel |
Kestrel Gold Cash Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kestrel Gold's current stock value. Our valuation model uses many indicators to compare Kestrel Gold value to that of its competitors to determine the firm's financial worth. Kestrel Gold is rated third overall in return on asset category among its peers. It is currently regarded as number one stock in cash per share category among its peers . At this time, Kestrel Gold's Cash 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 Kestrel Gold's earnings, one of the primary drivers of an investment's value.Kestrel Cash Per Share 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.
Kestrel Gold |
| = | -0.0753 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Kestrel Gold |
| = | 0.02 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Kestrel Cash Per Share Comparison
Kestrel Gold is currently under evaluation in cash per share category among its peers.
Kestrel Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kestrel Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kestrel Gold will eventually generate negative long term returns. The profitability progress is the general direction of Kestrel Gold's change in net profit over the period of time. It can combine multiple indicators of Kestrel 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 | 2.2 M | 1.9 M | |
| Operating Income | -194.3 K | -204 K | |
| Net Loss | -193.5 K | -203.2 K | |
| Income Tax Expense | -151.1 K | -143.6 K | |
| Income Before Tax | -193.5 K | -203.2 K | |
| Total Other Income Expense Net | 807.30 | 847.67 | |
| Net Loss | -193.5 K | -203.2 K | |
| Net Loss | -726.5 K | -762.8 K | |
| Net Interest Income | 810.75 | 851.29 | |
| Interest Income | 810.75 | 851.29 | |
| Change To Netincome | 38.4 K | 36.5 K | |
| Income Quality | 0.96 | 0.67 |
Kestrel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kestrel 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 Kestrel 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 Kestrel Gold's important profitability drivers and their relationship over time.
Use Kestrel 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 Kestrel 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 Kestrel Gold will appreciate offsetting losses from the drop in the long position's value.Kestrel Gold Pair Trading
Kestrel Gold Pair Trading Analysis
The ability to find closely correlated positions to Kestrel 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 Kestrel 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 Kestrel 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 Kestrel Gold to buy it.
The correlation of Kestrel 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 Kestrel Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kestrel Gold 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 Kestrel 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 Kestrel Gold position
In addition to having Kestrel 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 Kestrel Stock Analysis
When running Kestrel Gold's price analysis, check to measure Kestrel 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 Kestrel Gold is operating at the current time. Most of Kestrel Gold's value examination focuses on studying past and present price action to predict the probability of Kestrel 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 Kestrel Gold's price. Additionally, you may evaluate how the addition of Kestrel Gold to your portfolios can decrease your overall portfolio volatility.