Sassy Resources Return On Equity vs. Shares Owned By Insiders
| SSYRF Stock | USD 0.06 0 7.87% |
For Sassy Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sassy Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sassy Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sassy Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sassy Resources over time as well as its relative position and ranking within its peers.
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Sassy Resources Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sassy Resources's current stock value. Our valuation model uses many indicators to compare Sassy Resources value to that of its competitors to determine the firm's financial worth. Sassy Resources is rated second in return on equity category among its peers. It is currently regarded as top stock in shares owned by insiders 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 Sassy Resources' earnings, one of the primary drivers of an investment's value.Sassy Shares Owned By Insiders 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.
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| = | -0.0505 |
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
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| = | 5.50 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Sassy Shares Owned By Insiders Comparison
Sassy Resources is currently under evaluation in shares owned by insiders category among its peers.
Sassy Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sassy Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sassy Resources will eventually generate negative long term returns. The profitability progress is the general direction of Sassy Resources' change in net profit over the period of time. It can combine multiple indicators of Sassy Resources, 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.
Sassy Resources Corporation, an exploration stage company, identifies, acquires, and explores for precious metal resources in Canada. The company was incorporated in 2019 and is based in Vancouver, Canada. Sassy Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Sassy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sassy Resources. 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 Sassy Resources 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 Sassy Resources' important profitability drivers and their relationship over time.
Use Sassy Resources 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 Sassy Resources 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 Sassy Resources will appreciate offsetting losses from the drop in the long position's value.Sassy Resources Pair Trading
Sassy Resources Pair Trading Analysis
The ability to find closely correlated positions to Sassy Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sassy Resources 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 Sassy Resources - 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 Sassy Resources to buy it.
The correlation of Sassy Resources 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 Sassy Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sassy Resources 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 Sassy Resources 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 Sassy Resources position
In addition to having Sassy Resources 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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Other Information on Investing in Sassy OTC Stock
To fully project Sassy Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sassy Resources 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 Sassy Resources' income statement, its balance sheet, and the statement of cash flows.