OMAI GOLD Book Value Per Share vs. Return On Equity

For OMAI GOLD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OMAI GOLD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OMAI GOLD MINES utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OMAI GOLD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OMAI GOLD MINES over time as well as its relative position and ranking within its peers. Check out Your Equity Center.
  
Please note, there is a significant difference between OMAI GOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine OMAI GOLD value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OMAI GOLD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

OMAI GOLD MINES Return On Equity vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining OMAI GOLD's current stock value. Our valuation model uses many indicators to compare OMAI GOLD value to that of its competitors to determine the firm's financial worth.
OMAI GOLD MINES is considered to be number one stock in book value per share category among related companies. It is considered to be number one stock in return on equity category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value OMAI GOLD by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OMAI 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 OMAI GOLD's earnings, one of the primary drivers of an investment's value.

OMAI GOLD Return On Equity vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
OMAI GOLD 
Book Value per Share 
 = 
Common Equity 
Average Shares 
0.01 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
OMAI GOLD 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
(133.74) %
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.

OMAI GOLD Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in OMAI GOLD, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OMAI GOLD will eventually generate negative long term returns. The profitability progress is the general direction of OMAI GOLD's change in net profit over the period of time. It can combine multiple indicators of OMAI GOLD, 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.
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent interest in the Omai prospecting license that covers an area of 4,590 acres, including the past producing Omai Gold mine located in Guyana. OMAI GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.

OMAI GOLD Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on OMAI GOLD. 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 OMAI GOLD 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 OMAI GOLD's important profitability drivers and their relationship over time.

Use OMAI GOLD 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 OMAI 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 OMAI GOLD will appreciate offsetting losses from the drop in the long position's value.

OMAI GOLD Pair Trading

OMAI GOLD MINES Pair Trading Analysis

The ability to find closely correlated positions to Pacific Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Gas 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 Pacific Gas - 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 Pacific Gas Electric to buy it.
The correlation of Pacific Gas 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 Pacific Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Gas Electric 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 Pacific Gas 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

Use Investing Themes to Complement your OMAI GOLD position

In addition to having OMAI GOLD 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?

Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 40 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 Office Supplies Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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