Wealth Minerals Book Value Per Share vs. Beta
| WMLLF Stock | USD 0.06 0 3.33% |
For Wealth Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wealth Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wealth Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wealth Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wealth Minerals over time as well as its relative position and ranking within its peers.
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Wealth Minerals Beta vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wealth Minerals's current stock value. Our valuation model uses many indicators to compare Wealth Minerals value to that of its competitors to determine the firm's financial worth. Wealth Minerals is rated first in book value per share category among its peers. It is rated below average in beta category among its peers totaling about 4.77 of Beta per Book Value Per Share. 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 Wealth Minerals' earnings, one of the primary drivers of an investment's value.Wealth Beta 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.
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| = | 0.16 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Wealth Minerals |
| = | 0.77 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Wealth Beta Comparison
Wealth Minerals is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Wealth Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Wealth Minerals is expected to be smaller as well.
Wealth Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wealth Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wealth Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Wealth Minerals' change in net profit over the period of time. It can combine multiple indicators of Wealth Minerals, 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.
Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. It principally holds interests in the Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile. WEALTH MINERALS is traded on OTC Exchange in the United States.
Wealth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wealth Minerals. 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 Wealth Minerals 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 Wealth Minerals' important profitability drivers and their relationship over time.
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Other Information on Investing in Wealth OTC Stock
To fully project Wealth Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wealth Minerals 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 Wealth Minerals' income statement, its balance sheet, and the statement of cash flows.