Alamos Gold Price To Sales vs. Shares Owned By Institutions
| AGI Stock | CAD 26.39 0.09 0.34% |
Alamos Gold Price To Sales Ratio |
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For Alamos Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alamos Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alamos Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alamos Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alamos Gold over time as well as its relative position and ranking within its peers.
Alamos |
Alamos Gold Shares Owned By Institutions vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alamos Gold's current stock value. Our valuation model uses many indicators to compare Alamos Gold value to that of its competitors to determine the firm's financial worth. Alamos Gold is rated second in price to sales category among its peers. It is number one stock in shares owned by institutions category among its peers producing about 7.73 of Shares Owned By Institutions per Price To Sales. At this time, Alamos Gold's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alamos Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alamos Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Alamos Shares Owned By Institutions vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Alamos Gold |
| = | 9.05 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Alamos Gold |
| = | 69.99 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Alamos Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alamos Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alamos Gold will eventually generate negative long term returns. The profitability progress is the general direction of Alamos Gold's change in net profit over the period of time. It can combine multiple indicators of Alamos Gold, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -26.9 M | -25.6 M | |
| Operating Income | 318.1 M | 334 M | |
| Net Income | 210 M | 220.5 M | |
| Income Tax Expense | 83.7 M | 87.9 M | |
| Income Before Tax | 293.7 M | 308.4 M | |
| Total Other Income Expense Net | -24.4 M | -23.2 M | |
| Net Income From Continuing Ops | 210 M | 220.5 M | |
| Net Income Applicable To Common Shares | 42.7 M | 44.8 M | |
| Interest Income | 3.9 M | 3.7 M | |
| Net Interest Income | -2.5 M | -2.6 M | |
| Change To Netincome | 175.9 M | 146.6 M | |
| Net Income Per Share | 0.53 | 0.56 | |
| Income Quality | 2.21 | 2.32 | |
| Net Income Per E B T | 0.72 | 0.52 |
Alamos Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alamos Gold. 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 Alamos Gold 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 Alamos Gold's important profitability drivers and their relationship over time.
Use Alamos Gold 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 Alamos Gold 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 Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Alamos Gold Pair Trading
Alamos Gold Pair Trading Analysis
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold 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 Alamos Gold - 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 Alamos Gold to buy it.
The correlation of Alamos Gold 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 Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold 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 Alamos Gold 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 Alamos Gold position
In addition to having Alamos Gold 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?
Run Raw Materials Thematic Idea Now
Raw Materials
Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Raw Materials Theme or any other thematic opportunities.
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Check out Trending Equities. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
To fully project Alamos Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alamos Gold 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 Alamos Gold's income statement, its balance sheet, and the statement of cash flows.