Blue Note Financials
We suggest to use Blue Note Mining fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Blue Note Mining is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have collected data for twenty-two available fundamental indicators for Blue Note Mining, which can be compared to its peers.
Blue |
Understanding current and past Blue Note Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Blue Note's financial statements are interrelated, with each one affecting the others. For example, an increase in Blue Note's assets may result in an increase in income on the income statement.
Blue Note Stock Summary
Blue Note competes with Chalice Mining, Ucore Rare, BCI Minerals, Sayona Mining, and Metals X. Blue Note Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company was formerly known as Blue Note Metals Inc. and changed its name to Blue Note Mining Inc. in October 2006. Blue Note operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA09578V4010 |
| Business Address | 1080 Cte du |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.bluenotemining.ca |
| Phone | 514 486 3095 |
| Currency | USD - US Dollar |
Blue Note Key Financial Ratios
There are many critical financial ratios that Blue Note's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Blue Note Mining reports annually and quarterly.| Return On Equity | -0.19 | |||
| Return On Asset | -0.0684 | |||
| Beta | 4.42 | |||
| Z Score | 3.0 |
Blue Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Blue Note's current stock value. Our valuation model uses many indicators to compare Blue Note value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Blue Note competition to find correlations between indicators driving Blue Note's intrinsic value. More Info.Blue Note Mining is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . 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 Blue Note's earnings, one of the primary drivers of an investment's value.Blue Note Mining Systematic Risk
Blue Note's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Blue Note volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Blue Note Mining correlated with the market. If Beta is less than 0 Blue Note generally moves in the opposite direction as compared to the market. If Blue Note Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blue Note Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blue Note is generally in the same direction as the market. If Beta > 1 Blue Note moves generally in the same direction as, but more than the movement of the benchmark.
Complementary Tools for Blue Pink Sheet analysis
When running Blue Note's price analysis, check to measure Blue Note'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 Blue Note is operating at the current time. Most of Blue Note's value examination focuses on studying past and present price action to predict the probability of Blue Note's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Note's price. Additionally, you may evaluate how the addition of Blue Note to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |