Orestone Mining Net Income vs. Debt to Equity
| ORS Stock | CAD 0.03 0.00 0.00% |
Net Loss | First Reported 2007-07-31 | Previous Quarter -75.3 K | Current Value -20.9 K | Quarterly Volatility 305.9 K |
For Orestone Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orestone Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orestone Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orestone Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orestone Mining Corp over time as well as its relative position and ranking within its peers.
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Orestone Mining Corp Debt to Equity vs. Net Income Fundamental Analysis
Orestone Debt to Equity vs. Net Income
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.
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| = | (219.46 K) |
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.
Orestone Mining | = | null |
Use Orestone Mining 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 Orestone Mining 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 Orestone Mining will appreciate offsetting losses from the drop in the long position's value.Orestone Mining Pair Trading
Orestone Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Orestone Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orestone Mining 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 Orestone Mining - 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 Orestone Mining Corp to buy it.
The correlation of Orestone Mining 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 Orestone Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orestone Mining 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 Orestone Mining 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 Orestone Mining position
In addition to having Orestone Mining 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?
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Complementary Tools for Orestone Stock analysis
When running Orestone Mining's price analysis, check to measure Orestone Mining'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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.
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To fully project Orestone Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Orestone Mining Corp 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 Orestone Mining's income statement, its balance sheet, and the statement of cash flows.