We strongly advise to harness Wealth Minerals fundamental analysis to find out if markets are presently mispricing the firm. Specifically this technique allows you to validate available financial indicators of Wealth Minerals as well as the relationship between them. We were able to interpolate twenty-six available indicators for Wealth Minerals, which can be compared to its rivals. The stock experiences a very speculative upward sentiment. Check odds of Wealth Minerals to be traded at C$0.057 in 90 days. Key indicators impacting Wealth Minerals' financial strength include:
Understanding current and past Wealth Minerals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Wealth Minerals' financial statements are interrelated, with each one affecting the others. For example, an increase in Wealth Minerals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Wealth Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Wealth Minerals. Check Wealth Minerals' Beneish M Score to see the likelihood of Wealth Minerals' management manipulating its earnings.
Wealth Minerals Stock Summary
Wealth Minerals competes with Sandfire Resources, and Rock Tech. Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, Mexico, Peru, and Chile. The company was founded in 1994 and is headquartered in Vancouver, Canada. WEALTH MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Wealth Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Wealth Stock, because this is throwing your money away. Analyzing the key information contained in Wealth Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Wealth Minerals Key Financial Ratios
There are many critical financial ratios that Wealth Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Wealth Minerals reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Wealth Minerals's current stock value. Our valuation model uses many indicators to compare Wealth Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wealth Minerals competition to find correlations between indicators driving Wealth Minerals's intrinsic value. More Info.
Wealth Minerals is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Wealth Minerals' Return On Equity is fairly stable compared to the past year. 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 Wealth Minerals' earnings, one of the primary drivers of an investment's value.
Wealth Minerals Systematic Risk
Wealth Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wealth Minerals 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 output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Wealth Minerals correlated with the market. If Beta is less than 0 Wealth Minerals generally moves in the opposite direction as compared to the market. If Wealth Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wealth Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wealth Minerals is generally in the same direction as the market. If Beta > 1 Wealth Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Wealth Minerals Total Assets Over Time
Today, most investors in Wealth Minerals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wealth Minerals' 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 Wealth Minerals growth as a starting point in their analysis.
Wealth Minerals November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wealth Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wealth Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wealth Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Wealth Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wealth Minerals's daily price indicators and compare them against related drivers.
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.