Osisko Development Price To Sales vs. Return On Asset
Based on Osisko Development's profitability indicators, Osisko Development 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 Osisko Development's ability to earn profits and add value for shareholders.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between Osisko Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Development'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 Osisko Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Osisko Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Osisko Development Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Osisko Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Osisko Development Corp over time as well as its relative position and ranking within its peers.
Osisko |
Osisko Development Corp Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Osisko Development's current stock value. Our valuation model uses many indicators to compare Osisko Development value to that of its competitors to determine the firm's financial worth. Osisko Development Corp is considered to be number one stock in price to sales category among its peers. It is regarded third in return on asset 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 Osisko Development's earnings, one of the primary drivers of an investment's value.Osisko Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Osisko Development |
| = | 29.77 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Osisko Development |
| = | -0.16 |
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.
Osisko Return On Asset Comparison
Osisko Development is currently under evaluation in return on asset category among its peers.
Osisko Development Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Osisko Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Osisko Development will eventually generate negative long term returns. The profitability progress is the general direction of Osisko Development's change in net profit over the period of time. It can combine multiple indicators of Osisko Development, 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.
Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. It also holds interest in James Bay Properties located in Qubec, Canada and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. OSISKO DEVELOPMENT operates under Gold classification in Exotistan and is traded on Commodity Exchange.
Osisko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Osisko Development. 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 Osisko Development 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 Osisko Development's important profitability drivers and their relationship over time.
Use Osisko Development 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 Osisko Development 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 Osisko Development will appreciate offsetting losses from the drop in the long position's value.Osisko Development Pair Trading
Osisko Development Corp Pair Trading Analysis
The ability to find closely correlated positions to PulteGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PulteGroup 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 PulteGroup - 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 PulteGroup to buy it.
The correlation of PulteGroup 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 PulteGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PulteGroup 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 PulteGroup 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 Osisko Development position
In addition to having Osisko Development 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 Recycling Thematic Idea Now
Recycling
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 39 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 Recycling Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Tools for Osisko Stock
When running Osisko Development's price analysis, check to measure Osisko Development'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 Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.
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