Altiplano Metals Book Value Per Share vs. Number Of Employees
| ALTPF Stock | USD 0.03 0.01 22.22% |
For Altiplano Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altiplano Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altiplano Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altiplano Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altiplano Metals over time as well as its relative position and ranking within its peers.
Altiplano |
Altiplano Metals Number Of Employees vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altiplano Metals's current stock value. Our valuation model uses many indicators to compare Altiplano Metals value to that of its competitors to determine the firm's financial worth. Altiplano Metals is rated fourth in book value per share category among its peers. It is rated third in number of employees category among its peers creating about 133.33 of Number Of Employees per Book Value Per Share. 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 Altiplano Metals' earnings, one of the primary drivers of an investment's value.Altiplano Number Of Employees vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Altiplano Metals |
| = | 0.09 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Altiplano Metals |
| = | 12 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Altiplano Number Of Employees vs Competition
Altiplano Metals is rated third in number of employees category among its peers. The total workforce of Other Industrial Metals & Mining industry is presently estimated at about 4,046. Altiplano Metals adds roughly 12.0 in number of employees claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Altiplano Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altiplano Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altiplano Metals will eventually generate negative long term returns. The profitability progress is the general direction of Altiplano Metals' change in net profit over the period of time. It can combine multiple indicators of Altiplano Metals, 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.
Altiplano Metals Inc., a junior resource company, focuses on evaluating and acquiring exploration projects in Chile. Altiplano Metals Inc. was incorporated in 2010 and is headquartered in Edmonton, Canada. Altiplano Metals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Altiplano Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altiplano Metals. 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 Altiplano Metals 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 Altiplano Metals' important profitability drivers and their relationship over time.
Use Altiplano Metals 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 Altiplano 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 Altiplano Metals will appreciate offsetting losses from the drop in the long position's value.Altiplano Metals Pair Trading
Altiplano Metals Pair Trading Analysis
The ability to find closely correlated positions to Altiplano 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 Altiplano 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 Altiplano 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 Altiplano Metals to buy it.
The correlation of Altiplano 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 Altiplano Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altiplano 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 Altiplano 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.Use Investing Themes to Complement your Altiplano Metals position
In addition to having Altiplano Metals 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?
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Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 39 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 Housewares Theme or any other thematic opportunities.
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Other Information on Investing in Altiplano Pink Sheet
To fully project Altiplano Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altiplano Metals 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 Altiplano Metals' income statement, its balance sheet, and the statement of cash flows.