Spanish Competitors
| SPA Stock | CAD 0.11 0.01 8.33% |
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Spanish |
Spanish Mountain Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Spanish Mountain and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Spanish and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Spanish Mountain Gold does not affect the price movement of the other competitor.
| 0.05 | 0.13 | 0.44 | 0.16 | SKP | ||
| 0.05 | -0.36 | 0.42 | 0.55 | KORE | ||
| 0.13 | -0.36 | -0.1 | -0.01 | UGD | ||
| 0.44 | 0.42 | -0.1 | 0.29 | KTN | ||
| 0.16 | 0.55 | -0.01 | 0.29 | MMY | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Spanish Stock performing well and Spanish Mountain Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Spanish Mountain's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SKP | 8.80 | 0.75 | 0.04 | 4.43 | 9.87 | 24.00 | 97.10 | |||
| KORE | 3.73 | 0.49 | 0.00 | (1.33) | 0.00 | 25.00 | 58.33 | |||
| UGD | 4.75 | 0.33 | 0.01 | 1.48 | 6.03 | 16.67 | 36.67 | |||
| KTN | 3.46 | 0.03 | 0.01 | 0.16 | 3.50 | 8.49 | 23.87 | |||
| MMY | 3.36 | 0.74 | 0.12 | 1.09 | 2.86 | 8.00 | 28.46 |
Cross Equities Net Income Analysis
Compare Spanish Mountain Gold and related stocks such as Strikepoint Gold, Kore Mining, and Unigold Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SKP | (676 K) | (4.1 M) | (1.3 K) | (580.3 K) | (789.7 K) | (1.2 M) | (1.1 M) | (8.4 M) | (8.2 M) | (4 M) | (3.7 M) | (5.3 M) | (1.1 M) | (3.5 M) | (3.3 M) |
| KORE | (745 K) | (692.4 K) | (20.5 K) | (59.4 K) | (152 K) | 85.1 K | (463.7 K) | (1.3 M) | (4.5 M) | (1.8 M) | (9.2 M) | 295.4 K | (4.2 M) | (1.6 M) | (1.6 M) |
| UGD | (600 K) | 683.6 K | (3.1 M) | (2.1 M) | (2.1 M) | (791.9 K) | (1.2 M) | (607.6 K) | (610.4 K) | (1.1 M) | (5.1 M) | (7.4 M) | (6.4 M) | (3.2 M) | (3 M) |
| KTN | (26.7 K) | (3.9 M) | (2.6 M) | (4.8 M) | (5.9 M) | (3.5 M) | (3.6 M) | (3.1 M) | (2.5 M) | (2 M) | (2 M) | (4.8 M) | (77.9 M) | (4.4 M) | (4.7 M) |
| MMY | (1.5 K) | 59.6 M | 32.8 M | (2.6 M) | 11.4 M | (1.7 M) | (7.2 M) | (4.7 M) | (499 K) | (275 K) | (99.3 M) | (6.5 M) | (6.3 M) | 6.4 M | 6.8 M |
Spanish Mountain Gold and related stocks such as Strikepoint Gold, Kore Mining, and Unigold Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Spanish Mountain Gold financial statement analysis. It represents the amount of money remaining after all of Spanish Mountain Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Spanish Mountain Competitive Analysis
The better you understand Spanish Mountain competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Spanish Mountain's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Spanish Mountain's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Spanish Mountain Competition Performance Charts
Five steps to successful analysis of Spanish Mountain Competition
Spanish Mountain's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Spanish Mountain Gold in relation to its competition. Spanish Mountain's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Spanish Mountain in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Spanish Mountain's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Spanish Mountain Gold, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Additional Tools for Spanish Stock Analysis
When running Spanish Mountain's price analysis, check to measure Spanish Mountain'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 Spanish Mountain is operating at the current time. Most of Spanish Mountain's value examination focuses on studying past and present price action to predict the probability of Spanish Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spanish Mountain's price. Additionally, you may evaluate how the addition of Spanish Mountain to your portfolios can decrease your overall portfolio volatility.