Nubian Resources Current Valuation vs. Cash Per Share
| NBR Stock | CAD 0.07 0.01 16.67% |
For Nubian Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nubian Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nubian Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nubian Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nubian Resources over time as well as its relative position and ranking within its peers.
Nubian |
Nubian Resources Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nubian Resources's current stock value. Our valuation model uses many indicators to compare Nubian Resources value to that of its competitors to determine the firm's financial worth. Nubian Resources is regarded fifth in current valuation category among its peers. It is regarded fourth in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Nubian Resources is about 54,187,300 . At this time, Nubian Resources' Cash Per Share 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 Nubian Resources' earnings, one of the primary drivers of an investment's value.Nubian Current Valuation vs. Competition
Nubian Resources is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 1.13 Billion. Nubian Resources adds roughly 541,873 in current valuation claiming only tiny portion of all equities under Materials industry.
Nubian Cash Per Share vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nubian Resources |
| = | 541.87 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Nubian Resources |
| = | 0.01 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Nubian Cash Per Share Comparison
Nubian Resources is currently under evaluation in cash per share category among its peers.
Nubian Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nubian Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nubian Resources will eventually generate negative long term returns. The profitability progress is the general direction of Nubian Resources' change in net profit over the period of time. It can combine multiple indicators of Nubian 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -488.8 K | -464.3 K | |
| Operating Income | -476.6 K | -500.4 K | |
| Net Loss | -565.6 K | -593.9 K | |
| Income Tax Expense | -150.5 K | -143 K | |
| Income Before Tax | -565.6 K | -593.9 K | |
| Total Other Income Expense Net | -89 K | -93.4 K | |
| Net Loss | -565.6 K | -537.3 K | |
| Net Income Applicable To Common Shares | 4.6 M | 4.8 M | |
| Net Interest Income | -1.7 K | -1.8 K | |
| Change To Netincome | -4 M | -3.8 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.16 | 0.15 | |
| Net Income Per E B T | 0.89 | 1.38 |
Nubian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nubian 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 Nubian 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 Nubian Resources' important profitability drivers and their relationship over time.
Use Nubian 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 Nubian 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 Nubian Resources will appreciate offsetting losses from the drop in the long position's value.Nubian Resources Pair Trading
Nubian Resources Pair Trading Analysis
The ability to find closely correlated positions to Nubian 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 Nubian 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 Nubian 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 Nubian Resources to buy it.
The correlation of Nubian 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 Nubian Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nubian 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 Nubian 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 Nubian Resources position
In addition to having Nubian 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 Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds 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 Government Funds Theme or any other thematic opportunities.
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Additional Tools for Nubian Stock Analysis
When running Nubian Resources' price analysis, check to measure Nubian Resources' 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 Nubian Resources is operating at the current time. Most of Nubian Resources' value examination focuses on studying past and present price action to predict the probability of Nubian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubian Resources' price. Additionally, you may evaluate how the addition of Nubian Resources to your portfolios can decrease your overall portfolio volatility.