Almadex Minerals Gross Profit vs. Earnings Per Share
| AAMMF Stock | USD 0.16 0.01 5.88% |
For Almadex Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Almadex Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Almadex Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Almadex Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Almadex Minerals over time as well as its relative position and ranking within its peers.
Almadex |
Almadex Minerals Earnings Per Share vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Almadex Minerals's current stock value. Our valuation model uses many indicators to compare Almadex Minerals value to that of its competitors to determine the firm's financial worth. Almadex Minerals is rated second in gross profit category among related companies. It is rated second in earnings per share category among related companies . The ratio of Gross Profit to Earnings Per Share for Almadex Minerals is about 60,073,900 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Almadex Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Almadex Minerals' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Almadex Minerals' earnings, one of the primary drivers of an investment's value.Almadex Earnings Per Share vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Almadex Minerals |
| = | 2.4 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Almadex Minerals |
| = | 0.04 X |
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.
Almadex Earnings Per Share Comparison
Almadex Minerals is currently under evaluation in earnings per share category among related companies.
Almadex Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Almadex Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Almadex Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Almadex Minerals' change in net profit over the period of time. It can combine multiple indicators of Almadex Minerals, 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.
Almadex Minerals Ltd. engages in the acquisition and exploration of mineral resource properties. Almadex Minerals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Almadex Minerals operates under Gold classification in the United States and is traded on OTC Exchange.
Almadex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Almadex Minerals. 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 Almadex Minerals 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 Almadex Minerals' important profitability drivers and their relationship over time.
Use Almadex Minerals 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 Almadex Minerals 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 Almadex Minerals will appreciate offsetting losses from the drop in the long position's value.Almadex Minerals Pair Trading
Almadex Minerals Pair Trading Analysis
The ability to find closely correlated positions to Almadex Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almadex Minerals 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 Almadex Minerals - 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 Almadex Minerals to buy it.
The correlation of Almadex Minerals 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 Almadex Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almadex Minerals 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 Almadex Minerals 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 Almadex Minerals position
In addition to having Almadex Minerals 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 18 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 Banks - Regional Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Almadex Pink Sheet analysis
When running Almadex Minerals' price analysis, check to measure Almadex Minerals' 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 Almadex Minerals is operating at the current time. Most of Almadex Minerals' value examination focuses on studying past and present price action to predict the probability of Almadex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almadex Minerals' price. Additionally, you may evaluate how the addition of Almadex Minerals to your portfolios can decrease your overall portfolio volatility.
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To fully project Almadex Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Almadex Minerals 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 Almadex Minerals' income statement, its balance sheet, and the statement of cash flows.