SPC Nickel Book Value Per Share vs. Cash Flow From Operations
| SPC Stock | 0.03 0.01 25.00% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.0165 | Current Value 0.0157 | Quarterly Volatility 0.00922513 |
For SPC Nickel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SPC Nickel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SPC Nickel Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SPC Nickel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SPC Nickel Corp over time as well as its relative position and ranking within its peers.
SPC |
SPC Nickel Corp Cash Flow From Operations vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SPC Nickel's current stock value. Our valuation model uses many indicators to compare SPC Nickel value to that of its competitors to determine the firm's financial worth. SPC Nickel Corp is rated fifth in book value per share category among its peers. It is rated third in cash flow from operations category among its peers . At this time, SPC Nickel's Book Value Per Share is fairly stable compared to the past year. 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 SPC Nickel's earnings, one of the primary drivers of an investment's value.SPC Cash Flow From Operations vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
SPC Nickel |
| = | 0.01 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
SPC Nickel |
| = | (3.9 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
SPC Cash Flow From Operations Comparison
SPC Nickel is currently under evaluation in cash flow from operations category among its peers.
SPC Nickel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SPC Nickel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SPC Nickel will eventually generate negative long term returns. The profitability progress is the general direction of SPC Nickel's change in net profit over the period of time. It can combine multiple indicators of SPC Nickel, 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 | 2.4 M | 1.5 M | |
| Net Loss | -4.1 M | -4.3 M | |
| Operating Income | -4 M | -4.2 M | |
| Net Loss | -3.9 M | -4.1 M | |
| Income Before Tax | -3.9 M | -4.1 M | |
| Total Other Income Expense Net | 69.6 K | 119.7 K | |
| Net Loss | -3.9 M | -4.1 M | |
| Income Tax Expense | -155.2 K | -163 K | |
| Change To Netincome | 669.3 K | 702.7 K | |
| Net Loss | (0.04) | (0.04) | |
| Income Quality | 1.03 | 1.07 |
SPC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SPC Nickel. 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 SPC Nickel 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 SPC Nickel's important profitability drivers and their relationship over time.
Use SPC Nickel 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 SPC Nickel 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 SPC Nickel will appreciate offsetting losses from the drop in the long position's value.SPC Nickel Pair Trading
SPC Nickel Corp Pair Trading Analysis
The ability to find closely correlated positions to SPC Nickel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPC Nickel 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 SPC Nickel - 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 SPC Nickel Corp to buy it.
The correlation of SPC Nickel 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 SPC Nickel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPC Nickel Corp 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 SPC Nickel 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 SPC Nickel position
In addition to having SPC Nickel 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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Additional Tools for SPC Stock Analysis
When running SPC Nickel's price analysis, check to measure SPC Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPC Nickel is operating at the current time. Most of SPC Nickel's value examination focuses on studying past and present price action to predict the probability of SPC Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPC Nickel's price. Additionally, you may evaluate how the addition of SPC Nickel to your portfolios can decrease your overall portfolio volatility.