Sigma Lithium Shares Outstanding vs. Current Valuation
Taking into consideration Sigma Lithium's profitability measurements, Sigma Lithium Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess Sigma Lithium's ability to earn profits and add value for shareholders.
Check out World Market Map 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 population.
For Sigma Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sigma Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sigma Lithium Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sigma Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sigma Lithium Resources over time as well as its relative position and ranking within its peers.
Sigma |
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sigma Lithium. If investors know Sigma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sigma Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sigma Lithium Resources is measured differently than its book value, which is the value of Sigma that is recorded on the company's balance sheet. Investors also form their own opinion of Sigma Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sigma Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sigma Lithium's market value can be influenced by many factors that don't directly affect Sigma Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sigma Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sigma Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sigma Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sigma Lithium Resources Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sigma Lithium's current stock value. Our valuation model uses many indicators to compare Sigma Lithium value to that of its competitors to determine the firm's financial worth. Sigma Lithium Resources is rated below average in shares outstanding category among its peers. It is rated below average in current valuation category among its peers reporting about 14.84 of Current Valuation per Shares Outstanding. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sigma Lithium by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Sigma Current Valuation vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Sigma Lithium |
| = | 111.83 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Sigma Lithium |
| = | 1.66 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.
Sigma Current Valuation vs Competition
Sigma Lithium Resources is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 418.12 Billion. Sigma Lithium adds roughly 1.66 Billion in current valuation claiming only tiny portion of all equities under Materials industry.
Sigma Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sigma Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sigma Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Sigma Lithium's change in net profit over the period of time. It can combine multiple indicators of Sigma Lithium, 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.
Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. Sigma Lithium Corporation is headquartered in So Paulo, Brazil. Sigma Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. It employs 126 people.
Sigma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sigma Lithium. 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 Sigma Lithium 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 Sigma Lithium's important profitability drivers and their relationship over time.
Use Sigma Lithium 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 Sigma Lithium 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 Sigma Lithium will appreciate offsetting losses from the drop in the long position's value.Sigma Lithium Pair Trading
Sigma Lithium Resources Pair Trading Analysis
The ability to find closely correlated positions to Sigma Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sigma Lithium 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 Sigma Lithium - 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 Sigma Lithium Resources to buy it.
The correlation of Sigma Lithium 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 Sigma Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sigma Lithium Resources 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 Sigma Lithium 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 Sigma Lithium position
In addition to having Sigma Lithium 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 39 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 Banks Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
To fully project Sigma Lithium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sigma Lithium Resources 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 Sigma Lithium's income statement, its balance sheet, and the statement of cash flows.