Southern Copper Return On Equity vs. Gross Profit
| 0L8B Stock | 98.55 2.71 2.68% |
For Southern Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Copper Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Copper Corp over time as well as its relative position and ranking within its peers.
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Southern Copper Corp Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Southern Copper's current stock value. Our valuation model uses many indicators to compare Southern Copper value to that of its competitors to determine the firm's financial worth. Southern Copper Corp is number one stock in return on equity category among its peers. It also is number one stock in gross profit category among its peers fabricating about 15,237,082,067 of Gross Profit per Return On Equity. At this time, Southern Copper's Gross Profit is comparatively 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 Southern Copper's earnings, one of the primary drivers of an investment's value.Southern Gross Profit vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Southern Copper |
| = | 0.36 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Southern Copper |
| = | 5.51 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Southern Gross Profit Comparison
Southern Copper is currently under evaluation in gross profit category among its peers.
Southern Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Southern Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Southern Copper will eventually generate negative long term returns. The profitability progress is the general direction of Southern Copper's change in net profit over the period of time. It can combine multiple indicators of Southern Copper, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -8 M | -7.6 M | |
| Operating Income | 4.2 B | 2.2 B | |
| Income Before Tax | 4 B | 2 B | |
| Total Other Income Expense Net | -236.5 M | -248.3 M | |
| Net Income | 2.4 B | 1.3 B | |
| Income Tax Expense | 1.5 B | 761.8 M | |
| Interest Income | 399.5 M | 332.7 M | |
| Net Income Applicable To Common Shares | 3 B | 1.9 B | |
| Change To Netincome | 187.1 M | 97.3 M |
Southern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Southern Copper. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Southern Copper position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Southern Copper's important profitability drivers and their relationship over time.
Use Southern Copper in pair-trading
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 Southern Copper 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 Southern Copper will appreciate offsetting losses from the drop in the long position's value.Southern Copper Pair Trading
Southern Copper Corp Pair Trading Analysis
The ability to find closely correlated positions to Southern Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Copper 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 Southern Copper - 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 Southern Copper Corp to buy it.
The correlation of Southern Copper 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 Southern Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Copper Corp 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 Southern Copper 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.Use Investing Themes to Complement your Southern Copper position
In addition to having Southern Copper in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Exotic Funds Thematic Idea Now
Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 43 constituents at this time.
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Additional Tools for Southern Stock Analysis
When running Southern Copper's price analysis, check to measure Southern Copper's 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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.