FPX Nickel Shares Owned By Insiders vs. Current Ratio
| FPX Stock | CAD 0.24 0.01 4.00% |
For FPX Nickel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of FPX Nickel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well FPX Nickel Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between FPX Nickel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of FPX Nickel Corp over time as well as its relative position and ranking within its peers.
FPX |
FPX Nickel Corp Current Ratio vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining FPX Nickel's current stock value. Our valuation model uses many indicators to compare FPX Nickel value to that of its competitors to determine the firm's financial worth. FPX Nickel Corp is one of the top stocks in shares owned by insiders category among its peers. It is rated # 2 in current ratio category among its peers fabricating about 0.30 of Current Ratio per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Current Ratio for FPX Nickel Corp is roughly 3.31 . At this time, FPX Nickel's Current Ratio is fairly stable compared to the past year. 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 FPX Nickel's earnings, one of the primary drivers of an investment's value.FPX Current Ratio 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.
FPX Nickel |
| = | 25.89 % |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
FPX Nickel |
| = | 7.82 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
FPX Current Ratio Comparison
FPX Nickel is currently under evaluation in current ratio category among its peers.
FPX Nickel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in FPX Nickel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, FPX Nickel will eventually generate negative long term returns. The profitability progress is the general direction of FPX Nickel's change in net profit over the period of time. It can combine multiple indicators of FPX Nickel, 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 | 924.8 K | 878.6 K | |
| Operating Income | -5.7 M | -5.4 M | |
| Net Loss | -4.4 M | -4.2 M | |
| Income Tax Expense | -106.3 K | -101 K | |
| Income Before Tax | -4.4 M | -4.2 M | |
| Total Other Income Expense Net | 1.2 M | 1.3 M | |
| Net Loss | -4.4 M | -4.2 M | |
| Net Loss | -3.5 M | -3.3 M | |
| Net Interest Income | 1.2 M | 1.3 M | |
| Interest Income | 1.2 M | 1.3 M | |
| Change To Netincome | 2.6 M | 2.7 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.44 | 0.63 | |
| Net Income Per E B T | 0.98 | 0.72 |
FPX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on FPX Nickel. 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 FPX Nickel 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 FPX Nickel's important profitability drivers and their relationship over time.
Use FPX Nickel 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 FPX Nickel 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 FPX Nickel will appreciate offsetting losses from the drop in the long position's value.FPX Nickel Pair Trading
FPX Nickel Corp Pair Trading Analysis
The ability to find closely correlated positions to FPX Nickel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FPX Nickel 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 FPX Nickel - 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 FPX Nickel Corp to buy it.
The correlation of FPX Nickel 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 FPX Nickel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FPX Nickel Corp 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 FPX Nickel 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 FPX Nickel position
In addition to having FPX Nickel 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 Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
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Additional Tools for FPX Stock Analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel's 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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.