Alpha Copper Net Income vs. EBITDA
| ALCUF Stock | USD 0.11 0.01 8.33% |
For Alpha Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Copper Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Copper Corp over time as well as its relative position and ranking within its peers.
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Alpha Copper Corp EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Copper's current stock value. Our valuation model uses many indicators to compare Alpha Copper value to that of its competitors to determine the firm's financial worth. Alpha Copper Corp is rated below average in net income category among its peers. It is rated below average in ebitda category among its peers . 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 Alpha Copper's earnings, one of the primary drivers of an investment's value.Alpha EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Alpha Copper |
| = | (7.58 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Alpha Copper |
| = | (7.71 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Alpha EBITDA Comparison
Alpha Copper is currently under evaluation in ebitda category among its peers.
Alpha Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Copper will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Copper's change in net profit over the period of time. It can combine multiple indicators of Alpha 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.
Alpha Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in British Columbia. Alpha Copper Corp. was incorporated in 2019 and is headquartered in Vancouver, Canada. Alpha Copper is traded on OTC Exchange in the United States.
Alpha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha 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 Alpha 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 Alpha Copper's important profitability drivers and their relationship over time.
Use Alpha 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 Alpha 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 Alpha Copper will appreciate offsetting losses from the drop in the long position's value.Alpha Copper Pair Trading
Alpha Copper Corp Pair Trading Analysis
The ability to find closely correlated positions to Alpha 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 Alpha 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 Alpha 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 Alpha Copper Corp to buy it.
The correlation of Alpha 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 Alpha Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha 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 Alpha 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 Alpha Copper position
In addition to having Alpha 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Alpha Pink Sheet
To fully project Alpha Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpha Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alpha Copper's income statement, its balance sheet, and the statement of cash flows.