First American EBITDA vs. Beta
| CCOB Stock | USD 0.0001 0.00 0.00% |
For First American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First American Silver utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First American Silver over time as well as its relative position and ranking within its peers.
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First American Silver Beta vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First American's current stock value. Our valuation model uses many indicators to compare First American value to that of its competitors to determine the firm's financial worth. First American Silver is number one stock in ebitda category among its peers. It is rated fifth in beta category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value First American by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First American's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.First Beta vs. EBITDA
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.
First American |
| = | (469.08 K) |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
First American |
| = | -0.28 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
First Beta Comparison
First American is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning First American are expected to decrease at a much lower rate. During the bear market, First American is likely to outperform the market.
First American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First American will eventually generate negative long term returns. The profitability progress is the general direction of First American's change in net profit over the period of time. It can combine multiple indicators of First American, 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.
Century Cobalt Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 2008 and is headquartered in Los Angeles, California. CENTURY COBALT operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 1 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First American. 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 First American 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 First American's important profitability drivers and their relationship over time.
Use First American 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 First American 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 First American will appreciate offsetting losses from the drop in the long position's value.First American Pair Trading
First American Silver Pair Trading Analysis
The ability to find closely correlated positions to First American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First American 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 First American - 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 First American Silver to buy it.
The correlation of First American 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 First American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First American Silver 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 First American 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 First American position
In addition to having First American 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 Aggressive Defence Thematic Idea Now
Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 50 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 Aggressive Defence Theme or any other thematic opportunities.
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Other Information on Investing in First Pink Sheet
To fully project First American's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First American Silver 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 First American's income statement, its balance sheet, and the statement of cash flows.