HudBay Free Cash Flow Yield vs Dividend Yield Analysis

HBM Stock  CAD 12.50  0.20  1.57%   
HudBay Minerals financial indicator trend analysis is much more than just examining HudBay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HudBay Minerals is a good investment. Please check the relationship between HudBay Minerals Free Cash Flow Yield and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HudBay Minerals Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HudBay Minerals' Free Cash Flow Yield and Dividend Yield is -0.08. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of HudBay Minerals, assuming nothing else is changed. The correlation between historical values of HudBay Minerals' Free Cash Flow Yield and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of HudBay Minerals are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., HudBay Minerals' Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is HudBay Minerals dividend as a percentage of HudBay Minerals stock price. HudBay Minerals dividend yield is a measure of HudBay Minerals stock productivity, which can be interpreted as interest rate earned on an HudBay Minerals investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from HudBay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HudBay Minerals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.At this time, HudBay Minerals' Tax Provision is very stable compared to the past year. As of the 9th of December 2024, Issuance Of Capital Stock is likely to grow to about 15.1 M, while Selling General Administrative is likely to drop about 27.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit131.0M276.9M784.2M823.4M
Total Revenue1.5B1.5B1.7B1.8B

HudBay Minerals fundamental ratios Correlations

0.70.710.870.820.53-0.070.63-0.060.820.150.42-0.060.780.950.950.770.42-0.130.820.590.220.910.93-0.180.91
0.70.990.480.870.68-0.540.57-0.150.890.610.78-0.150.510.730.750.790.350.230.930.950.10.750.76-0.290.8
0.710.990.510.860.65-0.490.62-0.080.880.640.8-0.090.560.740.750.790.360.260.930.930.180.750.76-0.180.81
0.870.480.510.640.170.340.650.260.640.180.090.260.590.820.670.580.31-0.270.570.350.470.670.790.090.77
0.820.870.860.640.82-0.360.52-0.341.00.440.67-0.340.690.790.860.770.540.080.960.85-0.080.870.84-0.420.86
0.530.680.650.170.82-0.680.16-0.780.810.320.73-0.780.570.520.70.640.520.220.790.78-0.590.760.6-0.690.62
-0.07-0.54-0.490.34-0.36-0.68-0.040.59-0.35-0.32-0.790.60.0-0.21-0.3-0.540.02-0.55-0.44-0.640.51-0.38-0.280.62-0.33
0.630.570.620.650.520.16-0.040.280.530.250.390.280.350.710.540.610.19-0.070.560.440.460.610.690.110.68
-0.06-0.15-0.080.26-0.34-0.780.590.28-0.320.0-0.361.0-0.25-0.05-0.26-0.23-0.38-0.03-0.25-0.340.95-0.35-0.130.75-0.15
0.820.890.880.641.00.81-0.350.53-0.320.480.67-0.320.690.790.850.760.550.070.970.87-0.060.860.83-0.390.86
0.150.610.640.180.440.32-0.320.250.00.480.56-0.010.130.250.110.420.170.40.430.680.120.230.240.060.35
0.420.780.80.090.670.73-0.790.39-0.360.670.56-0.360.370.540.570.720.080.610.750.84-0.160.660.57-0.280.62
-0.06-0.15-0.090.26-0.34-0.780.60.281.0-0.32-0.01-0.36-0.25-0.05-0.26-0.23-0.38-0.03-0.25-0.340.95-0.35-0.130.75-0.14
0.780.510.560.590.690.570.00.35-0.250.690.130.37-0.250.630.810.450.69-0.160.710.460.010.760.60.010.59
0.950.730.740.820.790.52-0.210.71-0.050.790.250.54-0.050.630.890.90.250.050.790.650.230.930.99-0.20.98
0.950.750.750.670.860.7-0.30.54-0.260.850.110.57-0.260.810.890.770.47-0.030.890.680.020.950.89-0.330.88
0.770.790.790.580.770.64-0.540.61-0.230.760.420.72-0.230.450.90.770.120.310.770.790.030.880.93-0.40.95
0.420.350.360.310.540.520.020.19-0.380.550.170.08-0.380.690.250.470.12-0.430.50.34-0.240.440.26-0.190.26
-0.130.230.26-0.270.080.22-0.55-0.07-0.030.070.40.61-0.03-0.160.05-0.030.31-0.430.150.330.00.080.08-0.040.13
0.820.930.930.570.960.79-0.440.56-0.250.970.430.75-0.250.710.790.890.770.50.150.880.020.860.82-0.340.85
0.590.950.930.350.850.78-0.640.44-0.340.870.680.84-0.340.460.650.680.790.340.330.88-0.10.720.7-0.410.75
0.220.10.180.47-0.08-0.590.510.460.95-0.060.12-0.160.950.010.230.020.03-0.240.00.02-0.1-0.070.130.710.13
0.910.750.750.670.870.76-0.380.61-0.350.860.230.66-0.350.760.930.950.880.440.080.860.72-0.070.94-0.370.94
0.930.760.760.790.840.6-0.280.69-0.130.830.240.57-0.130.60.990.890.930.260.080.820.70.130.94-0.330.99
-0.18-0.29-0.180.09-0.42-0.690.620.110.75-0.390.06-0.280.750.01-0.2-0.33-0.4-0.19-0.04-0.34-0.410.71-0.37-0.33-0.33
0.910.80.810.770.860.62-0.330.68-0.150.860.350.62-0.140.590.980.880.950.260.130.850.750.130.940.99-0.33
Click cells to compare fundamentals

HudBay Minerals Account Relationship Matchups

HudBay Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.7B4.6B4.3B5.3B2.7B
Other Current Liab288.1M308.0M376.2M343.6M385.7M405.0M
Total Current Liabilities391.8M448.8M509.2M447.6M537.3M564.2M
Total Stockholder Equity1.8B1.7B1.5B1.6B2.1B1.3B
Property Plant And Equipment Net3.7B3.7B3.7B3.6B4.3B4.5B
Net Debt671.1M760.1M987.3M1.0B1.1B1.2B
Retained Earnings95.0M(53.3M)(301.8M)(235.5M)(173.6M)(164.9M)
Accounts Payable68.7M104.6M84.3M83.8M69.3M71.4M
Cash396.1M439.1M271.0M225.7M249.8M355.6M
Non Current Assets Total3.8B3.9B4.0B3.8B4.6B4.9B
Non Currrent Assets Other44.1M56.3M67.9M109.1M237.0M248.8M
Other Assets119.1M158.2M201.5M176.4M202.8M213.0M
Cash And Short Term Investments396.1M439.1M271.0M225.7M250.5M343.7M
Net Receivables113.3M153.6M166.5M122.3M169.8M99.1M
Liabilities And Stockholders Equity4.5B4.7B4.6B4.3B5.3B2.7B
Non Current Liabilities Total2.2B2.5B2.6B2.3B2.6B1.4B
Inventory138.8M143.1M158.5M155.0M207.3M107.0M
Other Current Assets40.7M65.6M60.8M59.4M45.6M89.3M
Other Stockholder Equity(24.3M)(24.2M)(182K)60.2M54.2M80.0M
Total Liab2.6B3.0B3.1B2.8B3.1B3.3B
Property Plant And Equipment Gross3.7B3.7B6.6B5.3B6.9B7.2B
Total Current Assets663.0M755.7M656.7M524.2M673.2M601.2M
Accumulated Other Comprehensive Income(24.3M)(24.2M)(182K)26.5M30.2M31.7M
Short Long Term Debt Total1.1B1.2B1.3B1.2B1.4B736.5M
Short Term Debt32.8M33.5M33.5M16.2M28.9M40.4M
Current Deferred Revenue87.9M104.4M96.9M79.7M88.3M62.2M
Intangible Assets5.0M5.4M5.9M4.8M4.0M5.6M
Other Liab1.2B1.4B1.4B1.1B1.2B1.3B
Net Tangible Assets1.8B1.7B1.5B1.6B1.4B1.4B
Long Term Debt985.3M1.1B1.2B1.2B1.3B1.2B
Long Term Investments11.3M15.7M11.2M9.8M7.1M13.1M
Property Plant Equipment3.7B3.7B3.7B3.6B4.1B4.1B
Long Term Debt Total1.0B1.2B1.2B1.2B1.4B1.3B

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

  0.79AG First Majestic SilverPairCorr
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  0.72FDY Faraday Copper CorpPairCorr

Moving against HudBay Stock

  0.46TD Toronto Dominion BankPairCorr
  0.4INFM Infinico Metals CorpPairCorr
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.