We advise to exercise Sienna Resources fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Sienna Resources as well as the relationship between them. We were able to interpolate twenty-six available drivers for Sienna Resources, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Sienna Resources to be traded at C$0.0285 in 90 days. Key indicators impacting Sienna Resources' financial strength include:
Please note, the imprecision that can be found in Sienna Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sienna Resources. Check Sienna Resources' Beneish M Score to see the likelihood of Sienna Resources' management manipulating its earnings.
Sienna Resources Stock Summary
Sienna Resources competes with HOME DEPOT, Evertz Technologies, Quipt Home, Advent Wireless, and Firan Technology. Sienna Resources Inc. engages in the identification, acquisition, and exploration of mineral properties in Canada, Sweden, and the United States. Sienna Resources Inc. was incorporated in 1983 and is headquartered in Vancouver, Canada. SIENNA RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Sienna Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sienna Stock, because this is throwing your money away. Analyzing the key information contained in Sienna Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sienna Resources Key Financial Ratios
There are many critical financial ratios that Sienna Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sienna Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Sienna Resources's current stock value. Our valuation model uses many indicators to compare Sienna Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sienna Resources competition to find correlations between indicators driving Sienna Resources's intrinsic value. More Info.
Sienna Resources is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Sienna Resources' Return On Equity is fairly stable compared to the past year. 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 Sienna Resources' earnings, one of the primary drivers of an investment's value.
Sienna Resources Systematic Risk
Sienna Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sienna Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Sienna Resources correlated with the market. If Beta is less than 0 Sienna Resources generally moves in the opposite direction as compared to the market. If Sienna Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sienna Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sienna Resources is generally in the same direction as the market. If Beta > 1 Sienna Resources moves generally in the same direction as, but more than the movement of the benchmark.
Sienna Resources Total Assets Over Time
Today, most investors in Sienna Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sienna Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sienna Resources growth as a starting point in their analysis.
Sienna Resources December 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sienna Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sienna Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sienna Resources based on widely used predictive technical indicators. In general, we focus on analyzing Sienna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sienna Resources's daily price indicators and compare them against related drivers.
When running Sienna Resources' price analysis, check to measure Sienna Resources' 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 Sienna Resources is operating at the current time. Most of Sienna Resources' value examination focuses on studying past and present price action to predict the probability of Sienna Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sienna Resources' price. Additionally, you may evaluate how the addition of Sienna Resources to your portfolios can decrease your overall portfolio volatility.