World Copper Debt To Equity vs. Current Valuation
| WCUFF Stock | USD 0.06 0.0004 0.70% |
For World Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of World Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well World Copper utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between World Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of World Copper over time as well as its relative position and ranking within its peers.
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World Copper Current Valuation vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining World Copper's current stock value. Our valuation model uses many indicators to compare World Copper value to that of its competitors to determine the firm's financial worth. World Copper is rated first in debt to equity category among its peers. It is rated below average in current valuation category among its peers reporting about 158,944,755 of Current Valuation per Debt To Equity. 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 World Copper's earnings, one of the primary drivers of an investment's value.World Current Valuation vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
World Copper |
| = | 0.10 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
World Copper |
| = | 16.21 M |
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.
World Current Valuation vs Competition
World Copper is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Copper industry is at this time estimated at about 616.11 Million. World Copper holds roughly 16.21 Million in current valuation claiming about 2.63% of stocks in Copper industry.
World Copper Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in World Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, World Copper will eventually generate negative long term returns. The profitability progress is the general direction of World Copper's change in net profit over the period of time. It can combine multiple indicators of World Copper, 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.
World Copper Ltd. engages in the exploration and development of copper projects in Chile and the United States. The company was formerly known as Wealth Copper Ltd. and changed its to World Copper Ltd. in July 2020. World Copper operates under Copper classification in the United States and is traded on OTC Exchange.
World Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on World Copper. 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 World Copper 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 World Copper's important profitability drivers and their relationship over time.
Use World Copper 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 World Copper 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 World Copper will appreciate offsetting losses from the drop in the long position's value.World Copper Pair Trading
World Copper Pair Trading Analysis
The ability to find closely correlated positions to World Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace World Copper 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 World Copper - 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 World Copper to buy it.
The correlation of World Copper 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 World Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if World Copper 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 World Copper 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 World Copper position
In addition to having World Copper 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in World OTC Stock
To fully project World Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of World Copper 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 World Copper's income statement, its balance sheet, and the statement of cash flows.