Mincor Resources Net Income vs. EBITDA
| MCRZFDelisted Stock | USD 0.93 0.00 0.00% |
For Mincor Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mincor Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mincor Resources NL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mincor Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mincor Resources NL over time as well as its relative position and ranking within its peers.
Mincor |
Mincor Resources EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mincor Resources's current stock value. Our valuation model uses many indicators to compare Mincor Resources value to that of its competitors to determine the firm's financial worth. Mincor Resources NL is rated below average in net income category among its peers. It is rated below average in ebitda 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 Mincor Resources' earnings, one of the primary drivers of an investment's value.Mincor EBITDA 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.
Mincor Resources |
| = | (14.71 M) |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Mincor Resources |
| = | (9.55 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Mincor EBITDA Comparison
Mincor Resources is currently under evaluation in ebitda category among its peers.
Mincor Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mincor Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mincor Resources will eventually generate negative long term returns. The profitability progress is the general direction of Mincor Resources' change in net profit over the period of time. It can combine multiple indicators of Mincor Resources, 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.
Mincor Resources NL, together with its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral resources in Australia. Mincor Resources NL was incorporated in 1996 and is headquartered in West Perth, Australia. Mincor Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Mincor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mincor Resources. 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 Mincor Resources 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 Mincor Resources' important profitability drivers and their relationship over time.
Use Mincor Resources 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 Mincor Resources 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 Mincor Resources will appreciate offsetting losses from the drop in the long position's value.Mincor Resources Pair Trading
Mincor Resources NL Pair Trading Analysis
The ability to find closely correlated positions to Mincor Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mincor Resources 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 Mincor Resources - 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 Mincor Resources NL to buy it.
The correlation of Mincor Resources 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 Mincor Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mincor 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 Mincor Resources 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 Mincor Resources position
In addition to having Mincor Resources 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 34 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 Money Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Mincor Pink Sheet
If you are still planning to invest in Mincor Resources 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 Mincor Resources' history and understand the potential risks before investing.
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