CHAARAT Fundamentals

CHAARAT GOLD HOLDINGS fundamentals help investors to digest information that contributes to CHAARAT GOLD's financial success or failures. It also enables traders to predict the movement of CHAARAT Stock. The fundamental analysis module provides a way to measure CHAARAT 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 CHAARAT GOLD stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

CHAARAT Current Ratio Analysis

CHAARAT GOLD's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis

Current CHAARAT GOLD Current Ratio

    
  0.42 X  
Most of CHAARAT GOLD's fundamental indicators, such as Current Ratio, 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, CHAARAT GOLD HOLDINGS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Compare to competition

In accordance with the recently published financial statements, CHAARAT GOLD HOLDINGS has a Current Ratio of 0.42 times. This is 89.03% lower than that of the Basic Materials sector and 96.57% lower than that of the Gold industry. The current ratio for all United Kingdom stocks is 80.56% higher than that of the company.

CHAARAT GOLD HOLDINGS Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CHAARAT GOLD's current stock value. Our valuation model uses many indicators to compare CHAARAT GOLD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHAARAT GOLD competition to find correlations between indicators driving CHAARAT GOLD's intrinsic value. More Info.
CHAARAT GOLD HOLDINGS is number one stock in working capital category among related companies. It is number one stock in z score category among related companies . The ratio of Working Capital to Z Score for CHAARAT GOLD HOLDINGS is about  2,142,857 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CHAARAT GOLD by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CHAARAT GOLD's 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 CHAARAT GOLD's earnings, one of the primary drivers of an investment's value.

CHAARAT Price to Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CHAARAT GOLD's direct or indirect competition against its Price to Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CHAARAT GOLD could also be used in its relative valuation, which is a method of valuing CHAARAT GOLD by comparing valuation metrics of similar companies.
CHAARAT GOLD is currently under evaluation in price to book category among related companies.

CHAARAT Fundamentals

Be your own money manager

Our tools can tell you how much better you can do entering a position in CHAARAT GOLD without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with CHAARAT 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 CHAARAT 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 CHAARAT GOLD will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Teradyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teradyne 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 Teradyne - 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 Teradyne to buy it.
The correlation of Teradyne 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 Teradyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teradyne 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 Teradyne 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.
Pair CorrelationCorrelation Matching
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Other Tools for CHAARAT Stock

When running CHAARAT GOLD HOLDINGS price analysis, check to measure CHAARAT GOLD'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 CHAARAT GOLD is operating at the current time. Most of CHAARAT GOLD's value examination focuses on studying past and present price action to predict the probability of CHAARAT GOLD's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CHAARAT GOLD's price. Additionally, you may evaluate how the addition of CHAARAT GOLD to your portfolios can decrease your overall portfolio volatility.
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