Carlin Gold Stock Annual Yield
| CGD Stock | CAD 0.25 0.02 7.41% |
Carlin Gold fundamentals help investors to digest information that contributes to Carlin Gold's financial success or failures. It also enables traders to predict the movement of Carlin Stock. The fundamental analysis module provides a way to measure Carlin 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 Carlin Gold stock.
Carlin | Annual Yield |
Carlin Gold Company Annual Yield Analysis
Carlin Gold's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Carlin Gold has an Annual Yield of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Carlin Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carlin Gold's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carlin Gold could also be used in its relative valuation, which is a method of valuing Carlin Gold by comparing valuation metrics of similar companies.Carlin Gold is currently under evaluation in annual yield category among related companies.
Carlin Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | -0.0355 | ||||
| Current Valuation | 2.71 M | ||||
| Shares Outstanding | 18.54 M | ||||
| Shares Owned By Insiders | 47.09 % | ||||
| Number Of Shares Shorted | 106 | ||||
| Price To Earning | (17.50) X | ||||
| Price To Book | 0.83 X | ||||
| EBITDA | (184.28 K) | ||||
| Net Income | 563.23 K | ||||
| Cash And Equivalents | 225.19 K | ||||
| Total Debt | 25.84 K | ||||
| Debt To Equity | 1.60 % | ||||
| Current Ratio | 0.52 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (213.74 K) | ||||
| Short Ratio | 0.08 X | ||||
| Earnings Per Share | 0.04 X | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 4.64 M | ||||
| Total Asset | 3.99 M | ||||
| Retained Earnings | (7.95 M) | ||||
| Working Capital | 1.93 M | ||||
| Net Asset | 3.99 M |
About Carlin Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carlin Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carlin Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carlin Gold 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.
Pair Trading with Carlin 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 Carlin 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 Carlin Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Carlin Stock
| 0.81 | IE | Ivanhoe Energy | PairCorr |
| 0.62 | FDY | Faraday Copper Corp | PairCorr |
| 0.79 | ARA | Aclara Resources | PairCorr |
The ability to find closely correlated positions to Carlin 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 Carlin 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 Carlin 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 Carlin Gold to buy it.
The correlation of Carlin 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 Carlin Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carlin 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 Carlin 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, which includes a position in Carlin Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Carlin Stock analysis
When running Carlin Gold's price analysis, check to measure Carlin 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 Carlin Gold is operating at the current time. Most of Carlin Gold's value examination focuses on studying past and present price action to predict the probability of Carlin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlin Gold's price. Additionally, you may evaluate how the addition of Carlin Gold to your portfolios can decrease your overall portfolio volatility.
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