We recommend to make use of Lucara Diamond Corp fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Lucara Diamond Corp as well as the relationship between them. We were able to break down thirty-seven available fundamentals for Lucara Diamond, which can be compared to its peers in the industry. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Lucara Diamond to be traded at C$0.3456 in 90 days. Key indicators impacting Lucara Diamond's financial strength include:
Lucara Diamond competes with Lundin Gold, Mandalay Resources, North Arrow, and Osisko Gold. Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. LUCARA DIAMOND operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 324 people.
You should never invest in Lucara Diamond without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lucara Stock, because this is throwing your money away. Analyzing the key information contained in Lucara Diamond's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Lucara Diamond Key Financial Ratios
Lucara Diamond's financial ratios allow both analysts and investors to convert raw data from Lucara Diamond's financial statements into concise, actionable information that can be used to evaluate the performance of Lucara Diamond over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Lucara Diamond's current stock value. Our valuation model uses many indicators to compare Lucara Diamond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lucara Diamond competition to find correlations between indicators driving Lucara Diamond's intrinsic value. More Info.
Lucara Diamond Corp is rated fifth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers . At this time, Lucara Diamond's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lucara Diamond by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lucara Diamond'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.
Lucara Diamond Corp Systematic Risk
Lucara Diamond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lucara Diamond 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 one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Lucara Diamond Corp correlated with the market. If Beta is less than 0 Lucara Diamond generally moves in the opposite direction as compared to the market. If Lucara Diamond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lucara Diamond Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lucara Diamond is generally in the same direction as the market. If Beta > 1 Lucara Diamond moves generally in the same direction as, but more than the movement of the benchmark.
Lucara Diamond Corp Total Assets Over Time
Today, most investors in Lucara Diamond Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lucara Diamond's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lucara Diamond growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Lucara Diamond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lucara Diamond Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lucara Diamond Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lucara Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lucara Diamond's daily price indicators and compare them against related drivers.
Lucara Diamond financial ratios help investors to determine whether Lucara Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lucara with respect to the benefits of owning Lucara Diamond security.