Zephyr Minerals Current Valuation vs. Return On Equity
| ZFR Stock | CAD 0.03 0.01 16.67% |
For Zephyr Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zephyr Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zephyr Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zephyr Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zephyr Minerals over time as well as its relative position and ranking within its peers.
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Zephyr Minerals Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zephyr Minerals's current stock value. Our valuation model uses many indicators to compare Zephyr Minerals value to that of its competitors to determine the firm's financial worth. Zephyr Minerals is rated fourth in current valuation category among its peers. It is rated second in return on equity 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 Zephyr Minerals' earnings, one of the primary drivers of an investment's value.Zephyr Current Valuation vs. Competition
Zephyr Minerals is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 23 Million. Zephyr Minerals holds roughly 2.18 Million in current valuation claiming about 9% of all equities under Materials industry.
Zephyr Return On Equity vs. Current Valuation
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.
Zephyr Minerals |
| = | 2.18 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Zephyr Minerals |
| = | -0.31 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Zephyr Return On Equity Comparison
Zephyr Minerals is currently under evaluation in return on equity category among its peers.
Zephyr Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zephyr Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zephyr Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Zephyr Minerals' change in net profit over the period of time. It can combine multiple indicators of Zephyr 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.
Zephyr Minerals Ltd., through its subsidiary, Zephyr Gold USA Ltd., engages in the exploration and development of mineral properties. Zephyr Minerals Ltd. was incorporated in 2010 and is headquartered in Halifax, Canada. ZEPHYR MINERALS operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Zephyr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zephyr 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 Zephyr 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 Zephyr Minerals' important profitability drivers and their relationship over time.
Use Zephyr Minerals 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 Zephyr Minerals 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 Zephyr Minerals will appreciate offsetting losses from the drop in the long position's value.Zephyr Minerals Pair Trading
Zephyr Minerals Pair Trading Analysis
The ability to find closely correlated positions to Zephyr Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zephyr Minerals 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 Zephyr Minerals - 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 Zephyr Minerals to buy it.
The correlation of Zephyr Minerals 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 Zephyr Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zephyr Minerals 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 Zephyr Minerals 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 Zephyr Minerals position
In addition to having Zephyr Minerals 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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Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
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Additional Tools for Zephyr Stock Analysis
When running Zephyr Minerals' price analysis, check to measure Zephyr Minerals' 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 Zephyr Minerals is operating at the current time. Most of Zephyr Minerals' value examination focuses on studying past and present price action to predict the probability of Zephyr Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zephyr Minerals' price. Additionally, you may evaluate how the addition of Zephyr Minerals to your portfolios can decrease your overall portfolio volatility.