Gold Terra Book Value Per Share vs. Beta
| YGTFF Stock | USD 0.04 0.00 0.00% |
For Gold Terra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold Terra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold Terra Resource utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold Terra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold Terra Resource over time as well as its relative position and ranking within its peers.
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Gold Terra Resource Beta vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold Terra's current stock value. Our valuation model uses many indicators to compare Gold Terra value to that of its competitors to determine the firm's financial worth. Gold Terra Resource is rated first in book value per share category among its peers. It is rated first in beta category among its peers totaling about 4.64 of Beta per Book Value Per Share. 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 Gold Terra's earnings, one of the primary drivers of an investment's value.Gold Beta vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Gold Terra |
| = | 0.21 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Gold Terra |
| = | 0.96 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Gold Beta Comparison
Gold Terra is currently under evaluation in beta category among its peers.
Beta Analysis
Gold Terra returns are very sensitive to returns on the market. As the market goes up or down, Gold Terra is expected to follow.
Gold Terra Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold Terra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold Terra will eventually generate negative long term returns. The profitability progress is the general direction of Gold Terra's change in net profit over the period of time. It can combine multiple indicators of Gold Terra, 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.
Gold Terra Resource Corp. engages in the exploration and development of mineral properties in Canada. Gold Terra Resource Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Gold Terra operates under Gold classification in the United States and is traded on OTC Exchange.
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gold Terra. 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 Gold Terra 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 Gold Terra's important profitability drivers and their relationship over time.
Use Gold Terra 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 Gold Terra 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 Gold Terra will appreciate offsetting losses from the drop in the long position's value.Gold Terra Pair Trading
Gold Terra Resource Pair Trading Analysis
The ability to find closely correlated positions to Gold Terra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Terra 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 Gold Terra - 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 Gold Terra Resource to buy it.
The correlation of Gold Terra 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 Gold Terra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Terra Resource 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 Gold Terra 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 Gold Terra position
In addition to having Gold Terra 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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Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Gold OTC Stock
To fully project Gold Terra's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gold Terra Resource 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 Gold Terra's income statement, its balance sheet, and the statement of cash flows.