Seabridge Gold Cash Per Share vs. Shares Owned By Insiders
| SEA Stock | CAD 19.54 0.57 2.83% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 1.03838462 | Current Value 1.09 | Quarterly Volatility 0.47172356 |
For Seabridge Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Seabridge Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Seabridge Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Seabridge Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Seabridge Gold over time as well as its relative position and ranking within its peers.
Seabridge |
Seabridge Gold Shares Owned By Insiders vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Seabridge Gold's current stock value. Our valuation model uses many indicators to compare Seabridge Gold value to that of its competitors to determine the firm's financial worth. Seabridge Gold is rated fifth in cash per share category among its peers. It is rated second in shares owned by insiders category among its peers making about 8.50 of Shares Owned By Insiders per Cash Per Share. At this time, Seabridge Gold'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 Seabridge Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Seabridge Gold'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.Seabridge 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.
Seabridge Gold |
| = | 0.32 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.
Seabridge Gold |
| = | 2.72 % |
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.
Seabridge Shares Owned By Insiders Comparison
Seabridge Gold is currently under evaluation in shares owned by insiders category among its peers.
Seabridge Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Seabridge Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Seabridge Gold will eventually generate negative long term returns. The profitability progress is the general direction of Seabridge Gold's change in net profit over the period of time. It can combine multiple indicators of Seabridge Gold, 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 | -57.5 M | -54.6 M | |
| Operating Income | -17.4 M | -16.6 M | |
| Income Before Tax | -38 M | -36.1 M | |
| Total Other Income Expense Net | -20.5 M | -19.5 M | |
| Net Loss | -29.3 M | -27.8 M | |
| Income Tax Expense | -8.7 M | -8.3 M | |
| Net Loss | -29.3 M | -27.8 M | |
| Net Loss | -8.5 M | -8.9 M | |
| Net Interest Income | -4 M | -3.8 M | |
| Interest Income | 4.7 M | 4.9 M | |
| Change To Netincome | -12.4 M | -11.8 M | |
| Net Loss | (0.35) | (0.33) | |
| Income Quality | 0.74 | 0.77 | |
| Net Income Per E B T | 0.77 | 0.48 |
Seabridge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Seabridge Gold. 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 Seabridge Gold 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 Seabridge Gold's important profitability drivers and their relationship over time.
Use Seabridge Gold 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 Seabridge Gold 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 Seabridge Gold will appreciate offsetting losses from the drop in the long position's value.Seabridge Gold Pair Trading
Seabridge Gold Pair Trading Analysis
The ability to find closely correlated positions to Seabridge Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seabridge Gold 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 Seabridge Gold - 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 Seabridge Gold to buy it.
The correlation of Seabridge Gold 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 Seabridge Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seabridge Gold 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 Seabridge Gold 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 Seabridge Gold position
In addition to having Seabridge Gold 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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Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 43 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 Software Theme or any other thematic opportunities.
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Check out World Market Map. To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
To fully project Seabridge Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Seabridge Gold 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 Seabridge Gold's income statement, its balance sheet, and the statement of cash flows.