Metalla Royalty Return On Asset vs. Number Of Shares Shorted
| MTA Stock | CAD 4.19 0.05 1.21% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.23 |
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For Metalla Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Metalla Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Metalla Royalty Streaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Metalla Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Metalla Royalty Streaming over time as well as its relative position and ranking within its peers.
Metalla |
Metalla Royalty Streaming Number Of Shares Shorted vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metalla Royalty's current stock value. Our valuation model uses many indicators to compare Metalla Royalty value to that of its competitors to determine the firm's financial worth. Metalla Royalty Streaming is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in number of shares shorted 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 Metalla Royalty's earnings, one of the primary drivers of an investment's value.Metalla Number Of Shares Shorted vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Metalla Royalty |
| = | -0.0151 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Metalla Royalty |
| = | 32.48 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Metalla Number Of Shares Shorted Comparison
Metalla Royalty is currently under evaluation in number of shares shorted category among its peers.
Metalla Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Metalla Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Metalla Royalty will eventually generate negative long term returns. The profitability progress is the general direction of Metalla Royalty's change in net profit over the period of time. It can combine multiple indicators of Metalla Royalty, 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 | 15.2 M | 8.7 M | |
| Operating Income | -5 M | -4.7 M | |
| Income Before Tax | -4.5 M | -4.3 M | |
| Net Loss | -5.8 M | -5.5 M | |
| Income Tax Expense | 37.7 K | 35.8 K | |
| Total Other Income Expense Net | 1.9 M | 2 M | |
| Net Loss | -5.8 M | -6.1 M | |
| Net Loss | -9.4 M | -8.9 M | |
| Net Interest Income | -1.4 M | -1.3 M | |
| Change To Netincome | 10.3 M | 10.9 M | |
| Net Loss | (0.22) | (0.23) | |
| Net Income Per E B T | 1.15 | 1.10 |
Metalla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Metalla Royalty. 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 Metalla Royalty 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 Metalla Royalty's important profitability drivers and their relationship over time.
Use Metalla Royalty 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 Metalla Royalty 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 Metalla Royalty will appreciate offsetting losses from the drop in the long position's value.Metalla Royalty Pair Trading
Metalla Royalty Streaming Pair Trading Analysis
The ability to find closely correlated positions to Metalla Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Metalla Royalty 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 Metalla Royalty - 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 Metalla Royalty Streaming to buy it.
The correlation of Metalla Royalty 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 Metalla Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Metalla Royalty Streaming 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 Metalla Royalty 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 Metalla Royalty position
In addition to having Metalla Royalty 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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Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 45 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 Hotels Theme or any other thematic opportunities.
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Additional Tools for Metalla Stock Analysis
When running Metalla Royalty's price analysis, check to measure Metalla Royalty'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 Metalla Royalty is operating at the current time. Most of Metalla Royalty's value examination focuses on studying past and present price action to predict the probability of Metalla Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalla Royalty's price. Additionally, you may evaluate how the addition of Metalla Royalty to your portfolios can decrease your overall portfolio volatility.