Zanaga Iron Earnings Per Share vs. Total Asset
| ZNGGFDelisted Stock | USD 0.07 0.00 0.00% |
For Zanaga Iron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zanaga Iron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zanaga Iron Ore utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zanaga Iron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zanaga Iron Ore over time as well as its relative position and ranking within its peers.
Zanaga |
Zanaga Iron Ore Total Asset vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zanaga Iron's current stock value. Our valuation model uses many indicators to compare Zanaga Iron value to that of its competitors to determine the firm's financial worth. Zanaga Iron Ore is rated first in earnings per share category among related companies. It is rated first in total asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zanaga Iron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zanaga Iron's Pink Sheet. 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 Zanaga Iron's earnings, one of the primary drivers of an investment's value.Zanaga Total Asset vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Zanaga Iron |
| = | (0.01) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Zanaga Iron |
| = | 37.89 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Zanaga Total Asset Comparison
Zanaga Iron is currently under evaluation in total asset category among related companies.
Zanaga Iron Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zanaga Iron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zanaga Iron will eventually generate negative long term returns. The profitability progress is the general direction of Zanaga Iron's change in net profit over the period of time. It can combine multiple indicators of Zanaga Iron, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Zanaga Iron Ore Company Limited, an investment holding company, explores for and develops iron ore properties. Zanaga Iron Ore Company Limited was incorporated in 2009 and is based in Road Town, the British Virgin Islands. Zanaga Iron is traded on OTC Exchange in the United States.
Zanaga Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zanaga Iron. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Zanaga Iron position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Zanaga Iron's important profitability drivers and their relationship over time.
Use Zanaga Iron in pair-trading
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 Zanaga Iron 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 Zanaga Iron will appreciate offsetting losses from the drop in the long position's value.Zanaga Iron Pair Trading
Zanaga Iron Ore Pair Trading Analysis
The ability to find closely correlated positions to Zanaga Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zanaga Iron 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 Zanaga Iron - 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 Zanaga Iron Ore to buy it.
The correlation of Zanaga Iron 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 Zanaga Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zanaga Iron Ore 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 Zanaga Iron 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.Use Investing Themes to Complement your Zanaga Iron position
In addition to having Zanaga Iron in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Wireless
Companies providing wireless technology and communication services. The Wireless theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Zanaga Iron Ore information on this page should be used as a complementary analysis to other Zanaga Iron'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Zanaga Pink Sheet
If you are still planning to invest in Zanaga Iron Ore 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 Zanaga Iron's history and understand the potential risks before investing.
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