Diamond Fields Current Valuation vs. Book Value Per Share
| DFR Stock | CAD 0.04 0.01 16.67% |
For Diamond Fields profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diamond Fields to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diamond Fields Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diamond Fields's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diamond Fields Resources over time as well as its relative position and ranking within its peers.
Diamond |
Diamond Fields Resources Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diamond Fields's current stock value. Our valuation model uses many indicators to compare Diamond Fields value to that of its competitors to determine the firm's financial worth. Diamond Fields Resources is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in book value per share 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 Diamond Fields' earnings, one of the primary drivers of an investment's value.Diamond Current Valuation vs. Competition
Diamond Fields Resources is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 11.91 Billion. Diamond Fields adds roughly 8.9 Million in current valuation claiming only tiny portion of all equities under Materials industry.
Diamond Book Value Per Share vs. Current Valuation
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.
Diamond Fields |
| = | 8.9 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Diamond Fields |
| = | (0.02) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Diamond Book Value Per Share Comparison
Diamond Fields is currently under evaluation in book value per share category among its peers.
Diamond Fields Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diamond Fields, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diamond Fields will eventually generate negative long term returns. The profitability progress is the general direction of Diamond Fields' change in net profit over the period of time. It can combine multiple indicators of Diamond Fields, 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 | ||
| Net Interest Income | -144.8 K | -137.6 K | |
| Operating Income | -3.9 M | -3.7 M | |
| Net Loss | -4.2 M | -4.4 M | |
| Income Before Tax | -4.2 M | -4.4 M | |
| Total Other Income Expense Net | -145.2 K | -152.4 K | |
| Net Loss | -780.5 K | -819.5 K | |
| Net Loss | -3.9 M | -4.1 M | |
| Interest Income | 8.8 K | 9.5 K | |
| Change To Netincome | -325.4 K | -309.1 K |
Diamond Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diamond Fields. 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 Diamond Fields 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 Diamond Fields' important profitability drivers and their relationship over time.
Use Diamond Fields 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 Diamond Fields 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 Diamond Fields will appreciate offsetting losses from the drop in the long position's value.Diamond Fields Pair Trading
Diamond Fields Resources Pair Trading Analysis
The ability to find closely correlated positions to Diamond Fields could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Fields 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 Diamond Fields - 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 Diamond Fields Resources to buy it.
The correlation of Diamond Fields 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 Diamond Fields moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Fields Resources 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 Diamond Fields 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 Diamond Fields position
In addition to having Diamond Fields 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 Healthcare Thematic Idea Now
Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 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 Healthcare Theme or any other thematic opportunities.
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Additional Tools for Diamond Stock Analysis
When running Diamond Fields' price analysis, check to measure Diamond Fields' 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 Diamond Fields is operating at the current time. Most of Diamond Fields' value examination focuses on studying past and present price action to predict the probability of Diamond Fields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Fields' price. Additionally, you may evaluate how the addition of Diamond Fields to your portfolios can decrease your overall portfolio volatility.