Atlanta Gold Stock Return On Equity
| ATLDFDelisted Stock | USD 0.0001 0.00 0.00% |
Atlanta Gold fundamentals help investors to digest information that contributes to Atlanta Gold's financial success or failures. It also enables traders to predict the movement of Atlanta OTC Stock. The fundamental analysis module provides a way to measure Atlanta 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 Atlanta Gold otc stock.
Atlanta |
Atlanta Gold OTC Stock Return On Equity Analysis
Atlanta Gold'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 Atlanta Gold Return On Equity | -0.0362 |
Most of Atlanta Gold'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, Atlanta Gold 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, Atlanta Gold has a Return On Equity of -0.0362. This is 103.98% lower than that of the Metals & Mining sector and 136.2% lower than that of the Materials industry. The return on equity for all United States stocks is 88.32% lower than that of the firm.
Atlanta Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlanta Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Atlanta Gold could also be used in its relative valuation, which is a method of valuing Atlanta Gold by comparing valuation metrics of similar companies.Atlanta Gold is currently under evaluation in return on equity category among related companies.
Atlanta Fundamentals
| Return On Equity | -0.0362 | |||
| Return On Asset | -0.0233 | |||
| Current Valuation | 13.74 M | |||
| Shares Outstanding | 76.15 M | |||
| Shares Owned By Insiders | 48.18 % | |||
| Price To Earning | (1.67) X | |||
| Price To Book | 0.05 X | |||
| EBITDA | (6.25 M) | |||
| Net Income | (7.28 M) | |||
| Cash And Equivalents | 1.81 K | |||
| Debt To Equity | 0.32 % | |||
| Book Value Per Share | 0.39 X | |||
| Cash Flow From Operations | (1.05 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 12 | |||
| Beta | 3.11 | |||
| Market Capitalization | 1.45 K | |||
| Total Asset | 49.39 M | |||
| Retained Earnings | (60.25 M) | |||
| Working Capital | (7.11 M) | |||
| Current Asset | 62 K | |||
| Current Liabilities | 7.18 M | |||
| Z Score | -1.4 | |||
| Net Asset | 49.39 M |
About Atlanta Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlanta Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlanta Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlanta Gold based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Atlanta Gold 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, Atlanta Gold's short interest history, or implied volatility extrapolated from Atlanta Gold options trading.
Pair Trading with Atlanta 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 Atlanta 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 Atlanta Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Atlanta Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlanta Gold 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 Atlanta Gold - 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 Atlanta Gold to buy it.
The correlation of Atlanta Gold 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 Atlanta Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlanta Gold 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 Atlanta Gold 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 otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Atlanta Gold information on this page should be used as a complementary analysis to other Atlanta 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Atlanta OTC Stock
If you are still planning to invest in Atlanta 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 Atlanta Gold's history and understand the potential risks before investing.
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