Impala Platinum Net Income vs. Revenue
| IMP Stock | 10,199 281.00 2.68% |
For Impala Platinum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Impala Platinum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Impala Platinum Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Impala Platinum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Impala Platinum Holdings over time as well as its relative position and ranking within its peers.
Impala |
Impala Platinum Holdings Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Impala Platinum's current stock value. Our valuation model uses many indicators to compare Impala Platinum value to that of its competitors to determine the firm's financial worth. Impala Platinum Holdings is rated second overall in net income category among its peers. It also is rated second overall in revenue category among its peers totaling about 2.62 of Revenue per Net Income. 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 Impala Platinum's earnings, one of the primary drivers of an investment's value.Impala Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Impala Platinum |
| = | 45.24 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Impala Platinum |
| = | 118.33 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Impala Revenue vs Competition
Impala Platinum Holdings is rated second overall in revenue category among its peers. Market size based on revenue of Other Precious Metals & Mining industry is currently estimated at about 333.16 Billion. Impala Platinum totals roughly 118.33 Billion in revenue claiming about 36% of all equities under Other Precious Metals & Mining industry.
Impala Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Impala Platinum. 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 Impala Platinum 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 Impala Platinum's important profitability drivers and their relationship over time.
Use Impala Platinum 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 Impala Platinum 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 Impala Platinum will appreciate offsetting losses from the drop in the long position's value.Impala Platinum Pair Trading
Impala Platinum Holdings Pair Trading Analysis
The ability to find closely correlated positions to Impala Platinum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Impala Platinum 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 Impala Platinum - 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 Impala Platinum Holdings to buy it.
The correlation of Impala Platinum 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 Impala Platinum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Impala Platinum Holdings 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 Impala Platinum 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 Impala Platinum position
In addition to having Impala Platinum 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 Broad Equity ETFs Thematic Idea Now
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 483 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 Broad Equity ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Impala Stock
To fully project Impala Platinum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Impala Platinum Holdings 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 Impala Platinum's income statement, its balance sheet, and the statement of cash flows.