Metallus Net Income vs. Market Capitalization
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metallus. If investors know Metallus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metallus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Metallus is measured differently than its book value, which is the value of Metallus that is recorded on the company's balance sheet. Investors also form their own opinion of Metallus' value that differs from its market value or its book value, called intrinsic value, which is Metallus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metallus' market value can be influenced by many factors that don't directly affect Metallus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metallus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Metallus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metallus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Metallus Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Metallus's current stock value. Our valuation model uses many indicators to compare Metallus value to that of its competitors to determine the firm's financial worth. Metallus is considered to be number one stock in net income category among its peers. It is rated below average in market capitalization category among its peers creating about 626.11 of Market Capitalization per Net Income. Comparative valuation analysis is a catch-all technique that is used if you cannot value Metallus by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Metallus Market Capitalization 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.
Metallus |
| = | 1.3 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.
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.
Metallus |
| = | 813.94 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.
Metallus Market Capitalization vs Competition
Metallus is rated below average in market capitalization category among its peers. Market capitalization of Materials industry is now estimated at about 10.61 Billion. Metallus holds roughly 813.94 Million in market capitalization claiming about 8% of all equities under Materials industry.
Metallus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Metallus. 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 Metallus 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 Metallus' important profitability drivers and their relationship over time.
Metallus Earnings per Share Projection vs Actual
Use Metallus 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 Metallus 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 Metallus will appreciate offsetting losses from the drop in the long position's value.Metallus Pair Trading
Metallus Pair Trading Analysis
The ability to find closely correlated positions to Metallus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Metallus 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 Metallus - 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 Metallus to buy it.
The correlation of Metallus 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 Metallus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Metallus 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 Metallus 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 Metallus position
In addition to having Metallus 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 Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 48 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 Investing Theme or any other thematic opportunities.
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Additional Tools for Metallus Stock Analysis
When running Metallus' price analysis, check to measure Metallus' 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 Metallus is operating at the current time. Most of Metallus' value examination focuses on studying past and present price action to predict the probability of Metallus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallus' price. Additionally, you may evaluate how the addition of Metallus to your portfolios can decrease your overall portfolio volatility.