Marathon Gold Return On Equity vs. Current Ratio
| MGDPFDelisted Stock | USD 0.64 0.01 1.54% |
For Marathon Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Marathon Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Marathon Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Marathon Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Marathon Gold over time as well as its relative position and ranking within its peers.
Marathon |
Marathon Gold Current Ratio vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Marathon Gold's current stock value. Our valuation model uses many indicators to compare Marathon Gold value to that of its competitors to determine the firm's financial worth. Marathon Gold is rated below average in return on equity category among its peers. It is considered to be number one stock in current ratio category among its peers . 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 Marathon Gold's earnings, one of the primary drivers of an investment's value.Marathon Current Ratio vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Marathon Gold |
| = | -0.0297 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Marathon Gold |
| = | 7.28 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Marathon Current Ratio Comparison
Marathon Gold is currently under evaluation in current ratio category among its peers.
Marathon Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Marathon Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Marathon Gold will eventually generate negative long term returns. The profitability progress is the general direction of Marathon Gold's change in net profit over the period of time. It can combine multiple indicators of Marathon 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.
Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada. The company was incorporated in 2009 and is headquartered in Toronto, Canada. Marathon Gold operates under Gold classification in the United States and is traded on OTC Exchange. It employs 34 people.
Marathon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Marathon 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 Marathon 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 Marathon Gold's important profitability drivers and their relationship over time.
Use Marathon 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 Marathon 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 Marathon Gold will appreciate offsetting losses from the drop in the long position's value.Marathon Gold Pair Trading
Marathon Gold Pair Trading Analysis
The ability to find closely correlated positions to Marathon 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 Marathon 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 Marathon 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 Marathon Gold to buy it.
The correlation of Marathon 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 Marathon Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon 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 Marathon 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 Marathon Gold position
In addition to having Marathon 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?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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Check out Correlation 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 american community survey. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Marathon OTC Stock
If you are still planning to invest in Marathon Gold 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 Marathon Gold's history and understand the potential risks before investing.
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