Chibougamau Independent Net Income vs. Market Capitalization
| CBG Stock | CAD 0.14 0.01 7.69% |
Net Loss | First Reported 2016-12-31 | Previous Quarter 17.4 K | Current Value -76.5 K | Quarterly Volatility 193.4 K |
For Chibougamau Independent profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chibougamau Independent to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chibougamau Independent Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chibougamau Independent's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chibougamau Independent Mines over time as well as its relative position and ranking within its peers.
Chibougamau |
Chibougamau Independent Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chibougamau Independent's current stock value. Our valuation model uses many indicators to compare Chibougamau Independent value to that of its competitors to determine the firm's financial worth. Chibougamau Independent Mines is number one stock in net income category among its peers. It also is number one stock in market capitalization category among its peers . At this time, Chibougamau Independent's Net Loss is fairly 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 Chibougamau Independent's earnings, one of the primary drivers of an investment's value.Chibougamau Market Capitalization 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.
Chibougamau Independent |
| = | (171.61 K) |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Chibougamau Independent |
| = | 8.55 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Chibougamau Market Capitalization vs Competition
Chibougamau Independent Mines is number one stock in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 448.02 Billion. Chibougamau Independent adds roughly 8.55 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
Chibougamau Independent Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chibougamau Independent, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chibougamau Independent will eventually generate negative long term returns. The profitability progress is the general direction of Chibougamau Independent's change in net profit over the period of time. It can combine multiple indicators of Chibougamau Independent, 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 | ||
| Operating Income | -178.9 K | -187.8 K | |
| Net Loss | -171.6 K | -180.2 K | |
| Income Before Tax | -236.7 K | -248.5 K | |
| Total Other Income Expense Net | -57.8 K | -60.7 K | |
| Net Loss | -1 M | -1.1 M | |
| Net Loss | -171.6 K | -180.2 K | |
| Income Tax Expense | -90.7 K | -95.2 K | |
| Net Interest Income | 22.00 | 20.90 | |
| Interest Income | 22.00 | 20.90 | |
| Change To Netincome | -51.5 K | -54.1 K |
Chibougamau Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chibougamau Independent. 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 Chibougamau Independent 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 Chibougamau Independent's important profitability drivers and their relationship over time.
Use Chibougamau Independent 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 Chibougamau Independent 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 Chibougamau Independent will appreciate offsetting losses from the drop in the long position's value.Chibougamau Independent Pair Trading
Chibougamau Independent Mines Pair Trading Analysis
The ability to find closely correlated positions to Chibougamau Independent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chibougamau Independent 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 Chibougamau Independent - 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 Chibougamau Independent Mines to buy it.
The correlation of Chibougamau Independent 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 Chibougamau Independent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chibougamau Independent 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 Chibougamau Independent 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 Chibougamau Independent position
In addition to having Chibougamau Independent 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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Additional Tools for Chibougamau Stock Analysis
When running Chibougamau Independent's price analysis, check to measure Chibougamau Independent'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 Chibougamau Independent is operating at the current time. Most of Chibougamau Independent's value examination focuses on studying past and present price action to predict the probability of Chibougamau Independent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chibougamau Independent's price. Additionally, you may evaluate how the addition of Chibougamau Independent to your portfolios can decrease your overall portfolio volatility.