Vendetta Mining Shares Outstanding vs. Price To Earning
| VTT Stock | CAD 0.01 0.00 0.00% |
For Vendetta Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vendetta Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vendetta Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vendetta Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vendetta Mining Corp over time as well as its relative position and ranking within its peers.
Vendetta |
Vendetta Mining Corp Price To Earning vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vendetta Mining's current stock value. Our valuation model uses many indicators to compare Vendetta Mining value to that of its competitors to determine the firm's financial worth. Vendetta Mining Corp is rated first in shares outstanding category among its peers. It is rated first in price to earning category among its peers . 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 Vendetta Mining's earnings, one of the primary drivers of an investment's value.Vendetta Price To Earning 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.
Vendetta Mining |
| = | 362.69 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.
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.
Vendetta Mining |
| = | (6.97) 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.
Vendetta Price To Earning Comparison
Vendetta Mining is currently under evaluation in price to earning category among its peers.
Vendetta Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vendetta Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vendetta Mining will eventually generate negative long term returns. The profitability progress is the general direction of Vendetta Mining's change in net profit over the period of time. It can combine multiple indicators of Vendetta 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.8 M | 943.7 K | |
| Operating Income | -656 K | -688.8 K | |
| Income Before Tax | -666.2 K | -699.5 K | |
| Net Loss | -666.2 K | -699.5 K | |
| Income Tax Expense | 192.1 K | 157.5 K | |
| Total Other Income Expense Net | 602.00 | 571.90 | |
| Net Loss | -666.2 K | -699.5 K | |
| Net Loss | -2.2 M | -2.3 M | |
| Net Interest Income | -10.8 K | -11.3 K | |
| Change To Netincome | 183.7 K | 332.5 K | |
| Income Quality | 0.37 | 0.35 |
Vendetta Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vendetta 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 Vendetta 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 Vendetta Mining's important profitability drivers and their relationship over time.
Use Vendetta 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 Vendetta 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 Vendetta Mining will appreciate offsetting losses from the drop in the long position's value.Vendetta Mining Pair Trading
Vendetta Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Vendetta 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 Vendetta 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 Vendetta 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 Vendetta Mining Corp to buy it.
The correlation of Vendetta 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 Vendetta Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vendetta Mining 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 Vendetta 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.Use Investing Themes to Complement your Vendetta Mining position
In addition to having Vendetta 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.Did You Try This Idea?
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Additional Tools for Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta 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 Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.