1911 Gold Corp Stock Current Valuation
Valuation analysis of 1911 Gold Corp helps investors to measure 1911 Gold's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
1911 Gold Corp Company Current Valuation Analysis
1911 Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current 1911 Gold Current Valuation | 8.93 M |
Most of 1911 Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 1911 Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, 1911 Gold Corp has a Current Valuation of 8.93 M. This is 99.92% lower than that of the Metals & Mining sector and 99.77% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.95% higher than that of the company.
1911 Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1911 Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 1911 Gold could also be used in its relative valuation, which is a method of valuing 1911 Gold by comparing valuation metrics of similar companies.1911 Gold is currently under evaluation in current valuation category among related companies.
1911 Fundamentals
| Return On Equity | -0.0683 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (2.74) % | |||
| Operating Margin | (10.46) % | |||
| Current Valuation | 8.93 M | |||
| Shares Outstanding | 134.48 M | |||
| Shares Owned By Insiders | 21.00 % | |||
| Shares Owned By Institutions | 1.84 % | |||
| Number Of Shares Shorted | 24.11 K | |||
| Price To Book | 0.48 X | |||
| Price To Sales | 20.24 X | |||
| Revenue | 731 K | |||
| Gross Profit | (3.2 M) | |||
| EBITDA | (6.21 M) | |||
| Net Income | (2.01 M) | |||
| Cash And Equivalents | 7.09 M | |||
| Cash Per Share | 0.19 X | |||
| Current Ratio | 3.89 X | |||
| Book Value Per Share | 0.23 X | |||
| Cash Flow From Operations | (2.56 M) | |||
| Short Ratio | 0.20 X | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 1.41 | |||
| Market Capitalization | 12.1 M | |||
| Total Asset | 35.56 M | |||
| Retained Earnings | (137.04 M) | |||
| Working Capital | 1.63 M | |||
| Net Asset | 35.56 M |
Pair Trading with 1911 Gold
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 1911 Gold 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 1911 Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to 1911 Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1911 Gold 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 1911 Gold - 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 1911 Gold Corp to buy it.
The correlation of 1911 Gold 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 1911 Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1911 Gold Corp 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 1911 Gold 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for 1911 Stock analysis
When running 1911 Gold's price analysis, check to measure 1911 Gold'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 1911 Gold is operating at the current time. Most of 1911 Gold's value examination focuses on studying past and present price action to predict the probability of 1911 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1911 Gold's price. Additionally, you may evaluate how the addition of 1911 Gold to your portfolios can decrease your overall portfolio volatility.
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