Green Battery Minerals Stock Return On Equity
Green Battery Minerals fundamentals help investors to digest information that contributes to Green Battery's financial success or failures. It also enables traders to predict the movement of Green Pink Sheet. The fundamental analysis module provides a way to measure Green Battery's 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 Green Battery pink sheet.
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Green Battery Minerals Company Return On Equity Analysis
Green Battery's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Green Battery Return On Equity | -84.62 |
Most of Green Battery's fundamental indicators, such as Return On Equity, 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, Green Battery Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Green Battery Minerals has a Return On Equity of -84.62. This is 9398.9% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is notably higher than that of the company.
Green Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Green Battery's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Green Battery could also be used in its relative valuation, which is a method of valuing Green Battery by comparing valuation metrics of similar companies.Green Battery is currently under evaluation in return on equity category among related companies.
Green Fundamentals
| Return On Equity | -84.62 | |||
| Return On Asset | -47.16 | |||
| Current Valuation | 8.27 M | |||
| Shares Outstanding | 38.04 M | |||
| Shares Owned By Insiders | 2.94 % | |||
| Price To Earning | (1.41) X | |||
| Price To Book | 2.53 X | |||
| Gross Profit | (4.3 K) | |||
| EBITDA | (544.34 K) | |||
| Net Income | (1.86 M) | |||
| Cash And Equivalents | 335 K | |||
| Cash Per Share | 0.01 X | |||
| Current Ratio | 1.05 X | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (240.5 K) | |||
| Earnings Per Share | (0.11) X | |||
| Number Of Employees | 13 | |||
| Beta | 4.29 | |||
| Market Capitalization | 7.02 M |
Pair Trading with Green Battery
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 Green Battery 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 Green Battery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to JM Smucker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JM Smucker 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 JM Smucker - 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 JM Smucker to buy it.
The correlation of JM Smucker 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 JM Smucker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JM Smucker 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 JM Smucker 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 real. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Green Pink Sheet
If you are still planning to invest in Green Battery Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Green Battery's history and understand the potential risks before investing.
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