Lundin Mining Stock Bond Positions Weight
| LUN Stock | CAD 13.74 0.02 0.15% |
Lundin Mining fundamentals help investors to digest information that contributes to Lundin Mining's financial success or failures. It also enables traders to predict the movement of Lundin Stock. The fundamental analysis module provides a way to measure Lundin 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 Lundin Mining stock.
Lundin | Bond Positions Weight |
Lundin Mining Company Bond Positions Weight Analysis
Lundin Mining's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Lundin Bond Positions Weight Driver Correlations
Understanding the fundamental principles of building solid financial models for Lundin Mining is extremely important. It helps to project a fair market value of Lundin Stock properly, considering its historical fundamentals such as Bond Positions Weight. Since Lundin Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lundin Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lundin Mining's interrelated accounts and indicators.
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Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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In accordance with the recently published financial statements, Lundin Mining has a Bond Positions Weight of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Lundin Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lundin Mining from analyzing Lundin Mining's financial statements. These drivers represent accounts that assess Lundin Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lundin Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.4B | 6.5B | 5.8B | 4.5B | 6.3B | 6.6B | |
| Enterprise Value | 4.4B | 6.6B | 5.2B | 4.5B | 7.5B | 7.9B |
Lundin Fundamentals
| Return On Equity | 0.0653 | ||||
| Return On Asset | 0.0464 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 13.11 B | ||||
| Shares Outstanding | 776.88 M | ||||
| Shares Owned By Insiders | 15.69 % | ||||
| Shares Owned By Institutions | 58.82 % | ||||
| Number Of Shares Shorted | 16.45 M | ||||
| Price To Earning | 42.65 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 2.57 X | ||||
| Revenue | 3.39 B | ||||
| Gross Profit | 1.32 B | ||||
| EBITDA | 1.25 B | ||||
| Net Income | 315.25 M | ||||
| Cash And Equivalents | 221.96 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 1.49 B | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 1.57 X | ||||
| Book Value Per Share | 6.47 X | ||||
| Cash Flow From Operations | 1.02 B | ||||
| Short Ratio | 7.63 X | ||||
| Earnings Per Share | 0.49 X | ||||
| Price To Earnings To Growth | 0.47 X | ||||
| Target Price | 12.37 | ||||
| Number Of Employees | 6.02 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 10.67 B | ||||
| Total Asset | 10.86 B | ||||
| Retained Earnings | 627.9 M | ||||
| Working Capital | 581.12 M | ||||
| Current Asset | 953.35 M | ||||
| Current Liabilities | 320.35 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 10.86 B | ||||
| Last Dividend Paid | 0.27 |
About Lundin Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lundin Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lundin Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lundin Mining 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 Lundin 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 Lundin 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 Lundin Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Lundin Stock
| 0.71 | AG | First Majestic Silver | PairCorr |
| 0.64 | IE | Ivanhoe Energy | PairCorr |
| 0.71 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Lundin 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 Lundin 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 Lundin 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 Lundin Mining to buy it.
The correlation of Lundin 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 Lundin Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lundin 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 Lundin 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 Lundin Stock
Lundin Mining financial ratios help investors to determine whether Lundin 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 Lundin with respect to the benefits of owning Lundin Mining security.