Neometals Return On Equity vs. Price To Earning
| RDRUYDelisted Stock | USD 0.63 0.00 0.00% |
For Neometals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Neometals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Neometals Ltd ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Neometals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Neometals Ltd ADR over time as well as its relative position and ranking within its peers.
Neometals |
Neometals ADR Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Neometals's current stock value. Our valuation model uses many indicators to compare Neometals value to that of its competitors to determine the firm's financial worth. Neometals Ltd ADR is rated below average in return on equity category among its peers. It is currently regarded as top stock in price to earning category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Neometals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Neometals' Pink Sheet. 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.Neometals Price To Earning 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.
Neometals |
| = | -0.0817 |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Neometals |
| = | 33.47 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Neometals Price To Earning Comparison
Neometals is currently under evaluation in price to earning category among its peers.
Neometals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Neometals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Neometals will eventually generate negative long term returns. The profitability progress is the general direction of Neometals' change in net profit over the period of time. It can combine multiple indicators of Neometals, 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.
The company operates through three segments Lithium, TitaniumVanadium, and Other. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia. Neometals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Neometals Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Neometals. 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 Neometals 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 Neometals' important profitability drivers and their relationship over time.
Use Neometals 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 Neometals 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 Neometals will appreciate offsetting losses from the drop in the long position's value.Neometals Pair Trading
Neometals Ltd ADR Pair Trading Analysis
The ability to find closely correlated positions to Neometals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neometals 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 Neometals - 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 Neometals Ltd ADR to buy it.
The correlation of Neometals 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 Neometals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neometals ADR 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 Neometals 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 Neometals position
In addition to having Neometals 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?
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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 employment. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Neometals Pink Sheet
If you are still planning to invest in Neometals ADR 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 Neometals' history and understand the potential risks before investing.
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