Enertopia Financial Statements From 2010 to 2024
| ENRT Stock | USD 0.02 0 16.67% |
Check Enertopia Corporatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enertopia main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Enertopia financial statements analysis is a perfect complement when working with Enertopia Corporatio Valuation or Volatility modules.
Enertopia |
Enertopia Corporation OTC Stock Shares Outstanding Analysis
Enertopia Corporatio's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Enertopia Corporatio Shares Outstanding | 155.12 M |
Most of Enertopia Corporatio's fundamental indicators, such as Shares Outstanding, 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, Enertopia Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Enertopia Corporation has 155.12 M of shares currently outstending. This is 74.75% lower than that of the Personal Products sector and significantly higher than that of the Consumer Staples industry. The shares outstanding for all United States stocks is 72.87% higher than that of the company.
Enertopia Corporatio Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Enertopia Corporatio's current stock value. Our valuation model uses many indicators to compare Enertopia Corporatio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enertopia Corporatio competition to find correlations between indicators driving Enertopia Corporatio's intrinsic value. More Info.Enertopia Corporation is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Enertopia Corporatio by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enertopia Corporatio's OTC Stock. 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 Enertopia Corporatio's earnings, one of the primary drivers of an investment's value.About Enertopia Corporatio Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Enertopia Corporatio income statement, its balance sheet, and the statement of cash flows. Enertopia Corporatio investors use historical funamental indicators, such as Enertopia Corporatio's revenue or net income, to determine how well the company is positioned to perform in the future. Although Enertopia Corporatio investors may use each financial statement separately, they are all related. The changes in Enertopia Corporatio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enertopia Corporatio's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enertopia Corporatio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enertopia Corporatio. Please read more on our technical analysis and fundamental analysis pages.
Enertopia Corp., a development stage company, focuses on pursuing business opportunities in the natural resource and technology sectors in Canada. Enertopia Corp. was founded in 2004 and is headquartered in Kelowna, Canada. ENERTOPIA CORPORATION is traded on OTC Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enertopia Corporatio in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enertopia Corporatio's short interest history, or implied volatility extrapolated from Enertopia Corporatio options trading.
Pair Trading with Enertopia Corporatio
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 Enertopia Corporatio 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 Enertopia Corporatio will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Enertopia Corporatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enertopia Corporatio 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 Enertopia Corporatio - 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 Enertopia Corporation to buy it.
The correlation of Enertopia Corporatio 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 Enertopia Corporatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enertopia Corporatio 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 Enertopia Corporatio 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 the analysis of Enertopia Corporatio Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Enertopia OTC Stock analysis
When running Enertopia Corporatio's price analysis, check to measure Enertopia Corporatio'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 Enertopia Corporatio is operating at the current time. Most of Enertopia Corporatio's value examination focuses on studying past and present price action to predict the probability of Enertopia Corporatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia Corporatio's price. Additionally, you may evaluate how the addition of Enertopia Corporatio to your portfolios can decrease your overall portfolio volatility.
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