Durango Resources Stock Earnings Per Share
ATOXF Stock | USD 0.02 0.0002 0.94% |
Durango Resources fundamentals help investors to digest information that contributes to Durango Resources' financial success or failures. It also enables traders to predict the movement of Durango OTC Stock. The fundamental analysis module provides a way to measure Durango Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Durango Resources otc stock.
Durango |
Durango Resources OTC Stock Earnings Per Share Analysis
Durango Resources' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Competition |
According to the company disclosure, Durango Resources has an Earnings Per Share of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The earnings per share for all United States stocks is 100.0% higher than that of the company.
Durango Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Durango Resources' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Durango Resources could also be used in its relative valuation, which is a method of valuing Durango Resources by comparing valuation metrics of similar companies.Durango Resources is currently under evaluation in earnings per share category among related companies.
Durango Fundamentals
Return On Equity | -1.36 | |||
Return On Asset | -0.78 | |||
Current Valuation | 2.89 M | |||
Shares Outstanding | 94.21 M | |||
Shares Owned By Insiders | 6.31 % | |||
Price To Book | 5.56 X | |||
EBITDA | (323.59 K) | |||
Net Income | (2.37 M) | |||
Cash And Equivalents | 171.47 K | |||
Debt To Equity | 0.03 % | |||
Current Ratio | 1.51 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (69.6 K) | |||
Number Of Employees | 12 | |||
Beta | 0.71 | |||
Market Capitalization | 4.93 M | |||
Total Asset | 987.62 K | |||
Net Asset | 987.62 K |
About Durango Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Durango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Durango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Durango Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Durango Resources
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 Durango 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 Durango Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Durango OTC Stock
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0.5 | AMKBF | AP Mller | PairCorr |
The ability to find closely correlated positions to Durango 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 Durango 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 Durango 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 Durango Resources to buy it.
The correlation of Durango 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 Durango Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Durango 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 Durango 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Durango Resources. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Durango OTC Stock analysis
When running Durango Resources' price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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