Duncastle Gold Stock Net Income
DUNCASTLE GOLD fundamentals help investors to digest information that contributes to DUNCASTLE GOLD's financial success or failures. It also enables traders to predict the movement of DUNCASTLE Pink Sheet. The fundamental analysis module provides a way to measure DUNCASTLE GOLD'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 DUNCASTLE GOLD pink sheet.
DUNCASTLE |
DUNCASTLE GOLD Company Net Income Analysis
DUNCASTLE GOLD's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Based on the recorded statements, DUNCASTLE GOLD reported net income of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Net Income (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
DUNCASTLE Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DUNCASTLE GOLD's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of DUNCASTLE GOLD could also be used in its relative valuation, which is a method of valuing DUNCASTLE GOLD by comparing valuation metrics of similar companies.DUNCASTLE GOLD is currently under evaluation in net income category among related companies.
DUNCASTLE Fundamentals
| Price To Earning | 26.30 X | |||
| Number Of Employees | 10 | |||
| Market Capitalization | 2.29 M |
Pair Trading with DUNCASTLE 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 DUNCASTLE 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 DUNCASTLE GOLD will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NiSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NiSource 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 NiSource - 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 NiSource to buy it.
The correlation of NiSource 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 NiSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NiSource 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 NiSource 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 Investing Opportunities 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 main economic indicators. Note that the DUNCASTLE GOLD information on this page should be used as a complementary analysis to other DUNCASTLE GOLD's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in DUNCASTLE Pink Sheet
If you are still planning to invest in DUNCASTLE GOLD 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 DUNCASTLE GOLD's history and understand the potential risks before investing.
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