OZ Minerals Return On Equity vs. Net Income
| 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.
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OZ Minerals Limited Net Income vs. Return On Equity 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 return on equity category among its peers. It also is considered to be number one stock in net income category among its peers making up about 5,213,163,065 of Net Income per Return On Equity. 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 Net Income vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.1 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
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| = | 530.7 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.
OZMLF Net Income Comparison
OZ Minerals is currently under evaluation in net income category among its peers.
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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
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