Verde Resources Stock Target Price
| VRDR Stock | USD 0.09 0 1.72% |
Fundamental analysis of Verde Resources allows traders to better anticipate movements in Verde Resources' stock price by examining its financial health and performance throughout various phases of its business cycle.
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Verde Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Verde Resources' direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Verde Resources could also be used in its relative valuation, which is a method of valuing Verde Resources by comparing valuation metrics of similar companies.Verde Resources is currently under evaluation in target price category among its peers.
Verde Fundamentals
| Return On Equity | -0.29 | |||
| Return On Asset | -0.0453 | |||
| Operating Margin | (38.47) % | |||
| Current Valuation | 119.06 M | |||
| Shares Outstanding | 836.62 M | |||
| Shares Owned By Insiders | 96.32 % | |||
| Price To Earning | 12.50 X | |||
| Price To Book | 6.95 X | |||
| Price To Sales | 1,557 X | |||
| Revenue | 50.27 K | |||
| Gross Profit | (107.19 K) | |||
| EBITDA | (1.92 M) | |||
| Net Income | 3.95 M | |||
| Cash And Equivalents | 1.72 M | |||
| Total Debt | 18.04 M | |||
| Debt To Equity | 1.18 % | |||
| Current Ratio | 2.50 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (1.6 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 38 | |||
| Beta | 0.47 | |||
| Market Capitalization | 83.66 M | |||
| Total Asset | 33.66 M | |||
| Retained Earnings | (4.43 M) | |||
| Working Capital | (2.33 M) | |||
| Current Asset | 256 K | |||
| Current Liabilities | 2.59 M | |||
| Z Score | 2.4 | |||
| Net Asset | 33.66 M |
About Verde Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Verde Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Verde Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Verde 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 Verde 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 Verde 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 Verde Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Verde OTC Stock
| 0.72 | AU | AngloGold Ashanti plc Earnings Call Tomorrow | PairCorr |
| 0.66 | ZIJMF | Zijin Mining Group | PairCorr |
| 0.65 | WPM | Wheaton Precious Metals Earnings Call This Week | PairCorr |
| 0.65 | CSCO | Cisco Systems | PairCorr |
| 0.59 | GFI | Gold Fields | PairCorr |
The ability to find closely correlated positions to Verde 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 Verde 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 Verde 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 Verde Resources to buy it.
The correlation of Verde 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 Verde Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Verde 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 Verde 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.Additional Tools for Verde OTC Stock Analysis
When running Verde Resources' price analysis, check to measure Verde 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 Verde Resources is operating at the current time. Most of Verde Resources' value examination focuses on studying past and present price action to predict the probability of Verde Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verde Resources' price. Additionally, you may evaluate how the addition of Verde Resources to your portfolios can decrease your overall portfolio volatility.