HudBay Ev To Operating Cash Flow from 2010 to 2024

HBM Stock  CAD 12.50  0.20  1.57%   
HudBay Minerals EV To Operating Cash Flow yearly trend continues to be very stable with very little volatility. EV To Operating Cash Flow is likely to grow to 7.36 this year. EV To Operating Cash Flow is a valuation metric comparing HudBay Minerals' enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows. View All Fundamentals
 
EV To Operating Cash Flow  
First Reported
2010-12-31
Previous Quarter
7.0052868
Current Value
7.36
Quarterly Volatility
3.84573815
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HudBay Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HudBay Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 412.7 M, Interest Expense of 80 M or Selling General Administrative of 27.7 M, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0025 or PTB Ratio of 1.35. HudBay financial statements analysis is a perfect complement when working with HudBay Minerals Valuation or Volatility modules.
  
This module can also supplement various HudBay Minerals Technical models . Check out the analysis of HudBay Minerals Correlation against competitors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.

Pair Trading with HudBay Minerals

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 HudBay 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 HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with HudBay Stock

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Moving against HudBay Stock

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The ability to find closely correlated positions to HudBay 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 HudBay 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 HudBay 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 HudBay Minerals to buy it.
The correlation of HudBay 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 HudBay Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HudBay 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 HudBay 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.
Pair CorrelationCorrelation Matching
When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
Check out the analysis of HudBay Minerals Correlation against competitors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.