Callinex Mines Shares Owned By Insiders vs. Price To Book

CLLXF Stock  USD 0.62  0.01  1.59%   
Based on Callinex Mines' profitability indicators, Callinex Mines may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Callinex Mines' ability to earn profits and add value for shareholders.
For Callinex Mines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Callinex Mines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Callinex Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Callinex Mines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Callinex Mines over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Callinex Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Callinex Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callinex Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Callinex Mines Price To Book vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Callinex Mines's current stock value. Our valuation model uses many indicators to compare Callinex Mines value to that of its competitors to determine the firm's financial worth.
Callinex Mines is rated fifth in shares owned by insiders category among its peers. It also is rated fifth in price to book category among its peers fabricating about  0.17  of Price To Book per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Book for Callinex Mines is roughly  6.06 . 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 Callinex Mines' earnings, one of the primary drivers of an investment's value.

Callinex Price To Book vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Callinex Mines

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
6.01 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Callinex Mines

P/B

 = 

MV Per Share

BV Per Share

 = 
0.99 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Callinex Price To Book Comparison

Callinex Mines is currently under evaluation in price to book category among its peers.

Callinex Mines Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Callinex Mines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Callinex Mines will eventually generate negative long term returns. The profitability progress is the general direction of Callinex Mines' change in net profit over the period of time. It can combine multiple indicators of Callinex Mines, 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.
Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Callinex Mines Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Callinex Mines is traded on OTC Exchange in the United States.

Callinex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Callinex Mines. 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 Callinex Mines 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 Callinex Mines' important profitability drivers and their relationship over time.

Use Callinex Mines 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 Callinex Mines 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 Callinex Mines will appreciate offsetting losses from the drop in the long position's value.

Callinex Mines Pair Trading

Callinex Mines Pair Trading Analysis

The ability to find closely correlated positions to Callinex Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Callinex Mines 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 Callinex Mines - 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 Callinex Mines to buy it.
The correlation of Callinex Mines 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 Callinex Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Callinex Mines 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 Callinex Mines 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Callinex Mines position

In addition to having Callinex Mines 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.

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Steel Works Etc Theme
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Other Information on Investing in Callinex OTC Stock

To fully project Callinex Mines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Callinex Mines 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 Callinex Mines' income statement, its balance sheet, and the statement of cash flows.
Potential Callinex Mines investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Callinex Mines investors may work on each financial statement separately, they are all related. The changes in Callinex Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Callinex Mines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.