Seabridge Gold Price To Earning vs. Shares Owned By Institutions
| SEA Stock | CAD 19.54 0.57 2.83% |
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 Institutions vs. Price To Earning 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 below average in price to earning category among its peers. It also is rated below average in shares owned by institutions category among its peers . 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 Institutions vs. Price To Earning
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.
Seabridge Gold |
| = | (132.73) 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Seabridge Gold |
| = | 52.58 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Seabridge Shares Owned By Institutions Comparison
Seabridge Gold is currently under evaluation in shares owned by institutions 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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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.