Queens Net Asset
| BRSGF Stock | USD 0.52 0.05 10.64% |
Queens Road Capital fundamentals help investors to digest information that contributes to Queens Road's financial success or failures. It also enables traders to predict the movement of Queens Pink Sheet. The fundamental analysis module provides a way to measure Queens Road'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 Queens Road pink sheet.
Queens |
Queens Net Asset Analysis
Queens Road's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Queens Road Net Asset | 232.57 M |
Most of Queens Road's fundamental indicators, such as Net Asset, 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, Queens Road Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Queens Road Capital has a Net Asset of 232.57 M. This is much higher than that of the Financial Services sector and significantly higher than that of the Asset Management industry. The net asset for all United States stocks is notably lower than that of the firm.
Queens Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Queens Road's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Queens Road could also be used in its relative valuation, which is a method of valuing Queens Road by comparing valuation metrics of similar companies.Queens Road is currently under evaluation in net asset category among related companies.
Queens Fundamentals
| Return On Equity | -0.0855 | |||
| Return On Asset | -0.0473 | |||
| Operating Margin | 4.51 % | |||
| Current Valuation | 195.46 M | |||
| Shares Outstanding | 452 M | |||
| Shares Owned by Insiders | 38.90 % | |||
| Shares Owned by Institutions | 25.32 % | |||
| Price to Earning | 176.67 X | |||
| Price to Book | 1.04 X | |||
| Price to Sales | 28.21 X | |||
| Revenue | 3.88 M | |||
| Gross Profit | 8.5 M | |||
| EBITDA | (2.72 M) | |||
| Net Income | (3.48 M) | |||
| Cash and Equivalents | 35.72 M | |||
| Cash per Share | 0.08 X | |||
| Total Debt | 545.1 K | |||
| Debt to Equity | 0.002 % | |||
| Current Ratio | 124.55 X | |||
| Book Value Per Share | 0.51 X | |||
| Cash Flow from Operations | 637.7 K | |||
| Earnings Per Share | 0.15 X | |||
| Number of Employees | 13 | |||
| Beta | 2.0 | |||
| Market Capitalization | 245.32 M | |||
| Total Asset | 232.57 M | |||
| Annual Yield | 0.0245 % | |||
| Net Asset | 232.57 M | |||
| Last Dividend Paid | 0.013 |
About Queens Road Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Queens Road Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Queens Road using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Queens Road Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.Queens Road Capital Investment Ltd., a resource focused investment company, invests in privately held and publicly traded resource companies. Queens Road Capital Investment Ltd. was incorporated in 2011 and is based in Central, Hong Kong. Lithion Energy 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 Queens Road 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, Queens Road's short interest history, or implied volatility extrapolated from Queens Road options trading.
Pair Trading with Queens Road
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 Queens Road 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 Queens Road will appreciate offsetting losses from the drop in the long position's value.Moving against Queens Pink Sheet
| - | 0.68 | PGC | Plato Gold Corp | PairCorr | ||
| - | 0.47 | PFE | Pfizer Inc | Fiscal Quarter End 30th of September 2023 | PairCorr |
The ability to find closely correlated positions to Queens Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Queens Road 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 Queens Road - 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 Queens Road Capital to buy it.
The correlation of Queens Road is a statistical measure of how it moves in relation to other equities. 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 Queens Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Queens Road Capital 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 Queens Road 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 Queens Road Piotroski F Score and Queens Road Altman Z Score analysis. Note that the Queens Road Capital information on this page should be used as a complementary analysis to other Queens Road'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Queens Pink Sheet analysis
When running Queens Road's price analysis, check to measure Queens Road'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 Queens Road is operating at the current time. Most of Queens Road's value examination focuses on studying past and present price action to predict the probability of Queens Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Queens Road's price. Additionally, you may evaluate how the addition of Queens Road to your portfolios can decrease your overall portfolio volatility.
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