Tungsten Mining Shares Owned By Insiders vs. Book Value Per Share

TGN Stock   0.08  0  2.63%   
Considering the key profitability indicators obtained from Tungsten Mining's historical financial statements, Tungsten Mining NL may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Tungsten Mining's ability to earn profits and add value for shareholders.
For Tungsten Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tungsten Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tungsten Mining NL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tungsten Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tungsten Mining NL over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tungsten Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tungsten Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungsten Mining'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.

Tungsten Mining NL Book Value Per Share vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tungsten Mining's current stock value. Our valuation model uses many indicators to compare Tungsten Mining value to that of its competitors to determine the firm's financial worth.
Tungsten Mining NL is rated second in shares owned by insiders category among its peers. It is rated below average in book value per share category among its peers . The ratio of Shares Owned By Insiders to Book Value Per Share for Tungsten Mining NL is about  825.66 . 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 Tungsten Mining's earnings, one of the primary drivers of an investment's value.

Tungsten Book Value Per Share vs. Shares Owned By Insiders

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.

Tungsten Mining

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
28.90 %
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.
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.

Tungsten Mining

Book Value per Share

 = 

Common Equity

Average Shares

 = 
0.04 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.

Tungsten Book Value Per Share Comparison

Tungsten Mining is currently under evaluation in book value per share category among its peers.

Tungsten Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tungsten Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tungsten Mining will eventually generate negative long term returns. The profitability progress is the general direction of Tungsten Mining's change in net profit over the period of time. It can combine multiple indicators of Tungsten Mining, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive IncomeM4.5 M
Operating Income-5.3 M-5.6 M
Income Before Tax-5.4 M-5.7 M
Total Other Income Expense Net-38.3 K-36.4 K
Net Loss-5.1 M-5.4 M
Income Tax Expense-271.8 K-285.3 K
Net Loss-5.1 M-5.4 M
Net Loss-2.6 M-2.8 M
Net Interest Income461.1 K315.9 K
Interest Income461.1 K484.1 K
Change To Netincome21 K19.9 K

Tungsten Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tungsten Mining. 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 Tungsten Mining 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 Tungsten Mining's important profitability drivers and their relationship over time.

Use Tungsten Mining 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 Tungsten Mining 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 Tungsten Mining will appreciate offsetting losses from the drop in the long position's value.

Tungsten Mining Pair Trading

Tungsten Mining NL Pair Trading Analysis

The ability to find closely correlated positions to Tungsten Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tungsten Mining 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 Tungsten Mining - 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 Tungsten Mining NL to buy it.
The correlation of Tungsten Mining 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 Tungsten Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tungsten Mining NL 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 Tungsten Mining 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tungsten Mining position

In addition to having Tungsten Mining 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.

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Run Money Market Funds Thematic Idea Now

Money Market Funds
Money Market Funds Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 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 Money Market Funds Theme or any other thematic opportunities.
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Additional Tools for Tungsten Stock Analysis

When running Tungsten Mining's price analysis, check to measure Tungsten Mining'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 Tungsten Mining is operating at the current time. Most of Tungsten Mining's value examination focuses on studying past and present price action to predict the probability of Tungsten Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tungsten Mining's price. Additionally, you may evaluate how the addition of Tungsten Mining to your portfolios can decrease your overall portfolio volatility.