Trilogy Metals Stock Three Year Return
| TMQ Stock | CAD 1.59 0.01 0.63% |
Trilogy Metals fundamentals help investors to digest information that contributes to Trilogy Metals' financial success or failures. It also enables traders to predict the movement of Trilogy Stock. The fundamental analysis module provides a way to measure Trilogy Metals' 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 Trilogy Metals stock.
Trilogy |
Trilogy Metals Company Three Year Return Analysis
Trilogy Metals' Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Trilogy Metals has a Three Year Return 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).
Did you try this?
Run Commodity Directory Now
Commodity DirectoryFind actively traded commodities issued by global exchanges |
| All Next | Launch Module |
Trilogy Fundamentals
| Return On Equity | -0.0729 | ||||
| Return On Asset | -0.0286 | ||||
| Current Valuation | 221.19 M | ||||
| Shares Outstanding | 160.9 M | ||||
| Shares Owned By Insiders | 17.93 % | ||||
| Shares Owned By Institutions | 46.40 % | ||||
| Number Of Shares Shorted | 2.25 K | ||||
| Price To Book | 1.36 X | ||||
| Gross Profit | (2.61 M) | ||||
| EBITDA | (7.08 M) | ||||
| Net Income | (14.95 M) | ||||
| Cash And Equivalents | 2.57 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 33 K | ||||
| Current Ratio | 0.85 X | ||||
| Book Value Per Share | 0.83 X | ||||
| Cash Flow From Operations | (3.09 M) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 1.69 | ||||
| Beta | 1.36 | ||||
| Market Capitalization | 257.44 M | ||||
| Total Asset | 138.02 M | ||||
| Retained Earnings | (81.81 M) | ||||
| Working Capital | 2.42 M | ||||
| Net Asset | 138.02 M |
About Trilogy Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trilogy Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trilogy Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trilogy Metals 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 Trilogy Metals
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 Trilogy Metals 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Trilogy Stock
| 0.82 | ORE | Orezone Gold Corp | PairCorr |
| 0.82 | HPQ | HPQ Silicon Resources | PairCorr |
| 0.34 | INFM | Infinico Metals Corp | PairCorr |
| 0.32 | NG | NovaGold Resources | PairCorr |
The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals 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 Trilogy Metals - 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 Trilogy Metals to buy it.
The correlation of Trilogy Metals 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy Metals 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Trilogy Stock, please use our How to Invest in Trilogy Metals guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..