Empire Metals Price To Sales vs. Market Capitalization
| EEE Stock | 5.60 0.20 3.45% |
For Empire Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Empire Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Empire Metals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Empire Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Empire Metals Limited over time as well as its relative position and ranking within its peers.
Empire |
Empire Metals Limited Market Capitalization vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Empire Metals's current stock value. Our valuation model uses many indicators to compare Empire Metals value to that of its competitors to determine the firm's financial worth. Empire Metals Limited is one of the top stocks in price to sales category among its peers. It is rated below average in market capitalization category among its peers creating about 6,629 of Market Capitalization per Price To Sales. 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 Empire Metals' earnings, one of the primary drivers of an investment's value.Empire Market Capitalization vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Empire Metals |
| = | 5,453 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's 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.
Empire Metals |
| = | 36.15 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.
Empire Market Capitalization vs Competition
Empire Metals Limited is rated below average in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 50.68 Billion. Empire Metals adds roughly 36.15 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
Empire Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Empire Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Empire Metals will eventually generate negative long term returns. The profitability progress is the general direction of Empire Metals' change in net profit over the period of time. It can combine multiple indicators of Empire Metals, 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 | ||
| Accumulated Other Comprehensive Income | 811.6 K | 852.2 K | |
| Operating Income | -2.8 M | -2.7 M | |
| Income Before Tax | -2.8 M | -2.9 M | |
| Total Other Income Expense Net | -222.9 K | -234 K | |
| Net Loss | -2.8 M | -2.9 M | |
| Income Tax Expense | 1.5 K | 1.4 K | |
| Net Loss | -1.3 M | -1.4 M | |
| Net Loss | -2.8 M | -2.9 M | |
| Change To Netincome | 76 K | 72.2 K |
Empire Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Empire Metals. 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 Empire Metals 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 Empire Metals' important profitability drivers and their relationship over time.
Use Empire Metals 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 Empire Metals 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 Empire Metals will appreciate offsetting losses from the drop in the long position's value.Empire Metals Pair Trading
Empire Metals Limited Pair Trading Analysis
The ability to find closely correlated positions to Empire Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Metals 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 Empire Metals - 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 Empire Metals Limited to buy it.
The correlation of Empire Metals 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 Empire Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Metals Limited 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 Empire Metals 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 Empire Metals position
In addition to having Empire Metals 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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Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 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 Large Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Empire Stock
To fully project Empire Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Empire Metals Limited 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 Empire Metals' income statement, its balance sheet, and the statement of cash flows.