Collective Mining Price To Earning vs. Return On Asset
| CNLMFDelisted Stock | USD 3.31 0.09 2.65% |
For Collective Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Collective Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Collective Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Collective Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Collective Mining over time as well as its relative position and ranking within its peers.
Collective |
Collective Mining Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Collective Mining's current stock value. Our valuation model uses many indicators to compare Collective Mining value to that of its competitors to determine the firm's financial worth. Collective Mining is rated below average in price to earning category among its peers. It is rated below average in return on asset 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 Collective Mining's earnings, one of the primary drivers of an investment's value.Collective Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Collective Mining |
| = | 13.75 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Collective Mining |
| = | -0.75 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Collective Return On Asset Comparison
Collective Mining is currently under evaluation in return on asset category among its peers.
Collective Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Collective Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Collective Mining will eventually generate negative long term returns. The profitability progress is the general direction of Collective Mining's change in net profit over the period of time. It can combine multiple indicators of Collective Mining, 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.
Collective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. It holds 100 percent interests in the Guayabales project consisting of 22 claims with a total area of 4,300.16 hectares located in the Caldas department of Colombia and the San Antonio project covering an area of 4,729 hectares located in Middle Cauca belt in the Department of Caldas, Colombia. Collective Mng operates under Gold classification in the United States and is traded on OTC Exchange. It employs 47 people.
Collective Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Collective Mining. 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 Collective Mining 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 Collective Mining's important profitability drivers and their relationship over time.
Use Collective Mining 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 Collective Mining 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 Collective Mining will appreciate offsetting losses from the drop in the long position's value.Collective Mining Pair Trading
Collective Mining Pair Trading Analysis
The ability to find closely correlated positions to Collective Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Collective Mining 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 Collective Mining - 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 Collective Mining to buy it.
The correlation of Collective Mining 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 Collective Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Collective Mining 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 Collective Mining 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 Collective Mining position
In addition to having Collective Mining 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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 41 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 Soft Drinks Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Collective OTC Stock
If you are still planning to invest in Collective Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Collective Mining's history and understand the potential risks before investing.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |