Tower Resources Market Capitalization vs. Cash Per Share
| TWRFF Stock | USD 0.08 0 2.87% |
For Tower Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tower Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tower Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tower Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tower Resources over time as well as its relative position and ranking within its peers.
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Tower Resources Cash Per Share vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tower Resources's current stock value. Our valuation model uses many indicators to compare Tower Resources value to that of its competitors to determine the firm's financial worth. Tower Resources is rated below average in market capitalization category among its peers. It is rated below average in cash per share category among its peers . The ratio of Market Capitalization to Cash Per Share for Tower Resources is about 2,173,500,000 . 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 Tower Resources' earnings, one of the primary drivers of an investment's value.Tower Market Capitalization vs. Competition
Tower Resources is rated below average in market capitalization category among its peers. Market capitalization of Other Industrial Metals & Mining industry is at this time estimated at about 4.11 Billion. Tower Resources maintains roughly 21.73 Million in market capitalization contributing less than 1% to all equities under Other Industrial Metals & Mining industry.
Tower Cash Per Share 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.
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| = | 21.73 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.
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.
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| = | 0.01 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.
Tower Cash Per Share Comparison
Tower Resources is currently under evaluation in cash per share category among its peers.
Tower Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tower Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tower Resources will eventually generate negative long term returns. The profitability progress is the general direction of Tower Resources' change in net profit over the period of time. It can combine multiple indicators of Tower 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.
Tower Resources Ltd. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. Tower Resources Ltd. was incorporated in 1988 and is headquartered in Squamish, Canada. TOWER RESOURCES is traded on OTC Exchange in the United States.
Tower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tower 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 Tower 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 Tower Resources' important profitability drivers and their relationship over time.
Use Tower 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 Tower 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 Tower Resources will appreciate offsetting losses from the drop in the long position's value.Tower Resources Pair Trading
Tower Resources Pair Trading Analysis
The ability to find closely correlated positions to Tower 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 Tower 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 Tower 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 Tower Resources to buy it.
The correlation of Tower 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 Tower Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tower 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 Tower 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 Tower Resources position
In addition to having Tower 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?
Run Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Other Information on Investing in Tower Pink Sheet
To fully project Tower Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tower 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 Tower Resources' income statement, its balance sheet, and the statement of cash flows.