New Pacific Cash Per Share vs. Shares Owned By Insiders
| NUAG Stock | CAD 2.23 0.02 0.89% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 0.13605036 | Current Value 0.13 | Quarterly Volatility 0.10487912 |
For New Pacific profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Pacific to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Pacific Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Pacific's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Pacific Metals over time as well as its relative position and ranking within its peers.
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New Pacific Metals Shares Owned By Insiders vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Pacific's current stock value. Our valuation model uses many indicators to compare New Pacific value to that of its competitors to determine the firm's financial worth. New Pacific Metals is regarded second in cash per share category among its peers. It also is regarded second in shares owned by insiders category among its peers making about 243.05 of Shares Owned By Insiders per Cash Per Share. At this time, New Pacific's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value New Pacific by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Pacific's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.New Shares Owned By Insiders vs. Cash Per Share
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.
New Pacific |
| = | 0.19 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
New Pacific |
| = | 46.18 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
New Shares Owned By Insiders Comparison
New Pacific is currently under evaluation in shares owned by insiders category among its peers.
New Pacific Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Pacific, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Pacific will eventually generate negative long term returns. The profitability progress is the general direction of New Pacific's change in net profit over the period of time. It can combine multiple indicators of New Pacific, 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 | 11.8 M | 12.4 M | |
| Operating Income | -8.1 M | -7.7 M | |
| Net Loss | -7.8 M | -7.4 M | |
| Income Tax Expense | -144.6 K | -151.8 K | |
| Income Before Tax | -7.8 M | -7.4 M | |
| Total Other Income Expense Net | 44.2 K | 46.4 K | |
| Interest Income | 260.6 K | 433.7 K | |
| Net Loss | -7.3 M | -6.9 M | |
| Net Interest Income | 260.6 K | 235.5 K | |
| Net Loss | -7.8 M | -7.4 M | |
| Change To Netincome | 4 M | 4.2 M | |
| Net Loss | (0.06) | (0.07) | |
| Income Quality | 0.67 | 0.25 | |
| Net Income Per E B T | 1.00 | 0.61 |
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Pacific. 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 New Pacific 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 New Pacific's important profitability drivers and their relationship over time.
Use New Pacific 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 New Pacific 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 New Pacific will appreciate offsetting losses from the drop in the long position's value.New Pacific Pair Trading
New Pacific Metals Pair Trading Analysis
The ability to find closely correlated positions to New Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Pacific 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 New Pacific - 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 New Pacific Metals to buy it.
The correlation of New Pacific 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 New Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Pacific Metals 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 New Pacific 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 New Pacific position
In addition to having New Pacific 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 Recreation Thematic Idea Now
Recreation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Recreation theme has 33 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 Recreation Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project New Pacific's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Pacific Metals 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 New Pacific's income statement, its balance sheet, and the statement of cash flows.