OZ Minerals EBITDA vs. Current Valuation
| OZMLFDelisted Stock | USD 19.00 0.00 0.00% |
For OZ Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OZ Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OZ Minerals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OZ Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OZ Minerals Limited over time as well as its relative position and ranking within its peers.
OZMLF |
OZ Minerals Limited Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OZ Minerals's current stock value. Our valuation model uses many indicators to compare OZ Minerals value to that of its competitors to determine the firm's financial worth. OZ Minerals Limited is considered to be number one stock in ebitda category among its peers. It also is rated top company in current valuation category among its peers reporting about 6.11 of Current Valuation per EBITDA. 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 OZ Minerals' earnings, one of the primary drivers of an investment's value.OZMLF Current Valuation vs. EBITDA
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.
OZ Minerals |
| = | 1.09 B |
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.
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.
OZ Minerals |
| = | 6.65 B |
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.
OZMLF Current Valuation vs Competition
OZ Minerals Limited is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Copper industry is now estimated at about 54.9 Billion. OZ Minerals retains roughly 6.65 Billion in current valuation claiming about 12% of stocks in Copper industry.
OZ Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OZ Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OZ Minerals will eventually generate negative long term returns. The profitability progress is the general direction of OZ Minerals' change in net profit over the period of time. It can combine multiple indicators of OZ Minerals, 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.
OZ Minerals Limited engages in the exploration, development, mining, and processing of mining projects in Australia. The company was incorporated in 1932 and is headquartered in Adelaide, Australia. OZ MINERALS operates under Copper classification in the United States and is traded on OTC Exchange. It employs 1037 people.
OZMLF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OZ Minerals. 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 OZ Minerals 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 OZ Minerals' important profitability drivers and their relationship over time.
Use OZ Minerals 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 OZ Minerals 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 OZ Minerals will appreciate offsetting losses from the drop in the long position's value.OZ Minerals Pair Trading
OZ Minerals Limited Pair Trading Analysis
The ability to find closely correlated positions to OZ Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OZ Minerals 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 OZ Minerals - 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 OZ Minerals Limited to buy it.
The correlation of OZ Minerals 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 OZ Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OZ Minerals Limited 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 OZ Minerals 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 OZ Minerals position
In addition to having OZ Minerals 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds 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 Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center 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 bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in OZMLF Pink Sheet
If you are still planning to invest in OZ Minerals Limited 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 OZ Minerals' history and understand the potential risks before investing.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world |