World Copper Price To Sales vs. Shares Outstanding
| WCUFF Stock | USD 0.05 0 4.41% |
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.
World |
World Copper Shares Outstanding vs. Price To Sales 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 fourth in price to sales category among its peers. It is rated fifth in shares outstanding category among its peers creating about 26,752,941 of Shares Outstanding per Price To Sales. 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 Shares Outstanding vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
World Copper |
| = | 4.25 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
World Copper |
| = | 113.7 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.
World Shares Outstanding Comparison
World Copper is currently under evaluation in shares outstanding category among its peers.
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 Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 41 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 Real Estate Theme or any other thematic opportunities.
| View All Next | Launch |
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.