Wealth Minerals Reaches New 52-Week Low at 0.16 - MarketBeat
| WML Stock | CAD 0.06 0.01 8.33% |
Slightly above 61% of Wealth Minerals' investor base is looking to short. The current sentiment regarding investing in Wealth Minerals stock implies that many traders are alarmed. Wealth Minerals' investing sentiment can be driven by a variety of factors including economic data, Wealth Minerals' earnings reports, geopolitical events, and overall market trends.
Wealth Minerals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Wealth daily returns and investor perception about the current price of Wealth Minerals as well as its diversification or hedging effects on your existing portfolios.
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Wealth Minerals Reaches New 52-Week Low at 0.16 MarketBeat
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Wealth Minerals Fundamental Analysis
We analyze Wealth Minerals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wealth Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wealth Minerals 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.
Price To Book
Price To Book Comparative Analysis
Wealth Minerals is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Wealth Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wealth Minerals stock to make a market-neutral strategy. Peer analysis of Wealth Minerals could also be used in its relative valuation, which is a method of valuing Wealth Minerals by comparing valuation metrics with similar companies.
Peers
Wealth Minerals Related Equities
| NRM | Noram Lithium | 8.33 | ||||
| PE | Pure Energy | 3.23 | ||||
| KIP | Kiplin Metals | 3.57 |
Additional Tools for Wealth Stock Analysis
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.