Clifton Mining Co Stock Price To Earning
| CFTN Stock | USD 0.05 0 4.00% |
Clifton Mining Co fundamentals help investors to digest information that contributes to Clifton Mining's financial success or failures. It also enables traders to predict the movement of Clifton Pink Sheet. The fundamental analysis module provides a way to measure Clifton Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clifton Mining pink sheet.
Clifton |
Clifton Mining Co Company Price To Earning Analysis
Clifton Mining's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Clifton Mining Price To Earning | 61.25 X |
Most of Clifton Mining's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clifton Mining Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Clifton Mining Co has a Price To Earning of 61 times. This is 41.55% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The price to earning for all United States stocks is 113.27% lower than that of the firm.
Clifton Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clifton Mining's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Clifton Mining could also be used in its relative valuation, which is a method of valuing Clifton Mining by comparing valuation metrics of similar companies.Clifton Mining is currently under evaluation in price to earning category among its peers.
Clifton Fundamentals
| Return On Equity | 0.45 | |||
| Return On Asset | -0.0438 | |||
| Current Valuation | 10.02 M | |||
| Shares Outstanding | 58.77 M | |||
| Price To Earning | 61.25 X | |||
| Revenue | 60.41 K | |||
| Gross Profit | (124.57 K) | |||
| EBITDA | (632.78 K) | |||
| Net Income | (317.34 K) | |||
| Cash And Equivalents | 2.34 M | |||
| Cash Per Share | 0.04 X | |||
| Current Ratio | 516.52 X | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (559.45 K) | |||
| Earnings Per Share | 0.07 X | |||
| Beta | -0.2 | |||
| Market Capitalization | 7.73 M | |||
| Total Asset | 3.25 M | |||
| Retained Earnings | (12.78 M) | |||
| Working Capital | (203 K) | |||
| Current Asset | 126 K | |||
| Current Liabilities | 329 K | |||
| Z Score | -4.2 |
About Clifton Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clifton Mining Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clifton Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clifton Mining Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Clifton Mining
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 Clifton Mining 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 Clifton Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Clifton Pink Sheet
| 0.35 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.33 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.32 | ZMPLF | Zimplats Holdings | PairCorr |
The ability to find closely correlated positions to Clifton Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clifton Mining 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 Clifton Mining - 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 Clifton Mining Co to buy it.
The correlation of Clifton Mining is a statistical measure of how it moves in relation to other instruments. 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 Clifton Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clifton Mining 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 Clifton Mining 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.Other Information on Investing in Clifton Pink Sheet
Clifton Mining financial ratios help investors to determine whether Clifton Pink Sheet 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 Clifton with respect to the benefits of owning Clifton Mining security.