Cobalt Blue Net Income vs. Current Valuation
| CBBHF Stock | USD 0.04 0 4.44% |
For Cobalt Blue profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cobalt Blue to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cobalt Blue Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cobalt Blue's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cobalt Blue Holdings over time as well as its relative position and ranking within its peers.
Cobalt |
Cobalt Blue Holdings Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cobalt Blue's current stock value. Our valuation model uses many indicators to compare Cobalt Blue value to that of its competitors to determine the firm's financial worth. Cobalt Blue Holdings is rated below average in net income category among its peers. It is rated below average in current valuation 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 Cobalt Blue's earnings, one of the primary drivers of an investment's value.Cobalt Current Valuation 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.
Cobalt Blue |
| = | (5.23 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cobalt Blue |
| = | 141.15 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cobalt Current Valuation vs Competition
Cobalt Blue Holdings is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is currently estimated at about 1.43 Billion. Cobalt Blue holds roughly 141.15 Million in current valuation claiming about 10% of all equities under Other Industrial Metals & Mining industry.
Cobalt Blue Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cobalt Blue, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cobalt Blue will eventually generate negative long term returns. The profitability progress is the general direction of Cobalt Blue's change in net profit over the period of time. It can combine multiple indicators of Cobalt Blue, 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.
Cobalt Blue Holdings Limited engages in the exploration and evaluation of early-stage cobalt resources in Australia. The company was incorporated in 2016 and is based in North Sydney, Australia. Cobalt Blue operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Cobalt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cobalt Blue. 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 Cobalt Blue 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 Cobalt Blue's important profitability drivers and their relationship over time.
Use Cobalt Blue 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 Cobalt Blue 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 Cobalt Blue will appreciate offsetting losses from the drop in the long position's value.Cobalt Blue Pair Trading
Cobalt Blue Holdings Pair Trading Analysis
The ability to find closely correlated positions to Cobalt Blue could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cobalt Blue 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 Cobalt Blue - 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 Cobalt Blue Holdings to buy it.
The correlation of Cobalt Blue 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 Cobalt Blue moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cobalt Blue Holdings 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 Cobalt Blue 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 Cobalt Blue position
In addition to having Cobalt Blue 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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Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment theme has 38 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Cobalt Pink Sheet
To fully project Cobalt Blue's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cobalt Blue Holdings 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 Cobalt Blue's income statement, its balance sheet, and the statement of cash flows.