Eastinco Mining Revenue vs. Beta
| ATN Stock | 51.00 1.00 2.00% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 900 | Current Value 800 | Quarterly Volatility 56.06119106 |
For Eastinco Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eastinco Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eastinco Mining Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eastinco Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eastinco Mining Exploration over time as well as its relative position and ranking within its peers.
Eastinco |
Eastinco Mining Expl Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eastinco Mining's current stock value. Our valuation model uses many indicators to compare Eastinco Mining value to that of its competitors to determine the firm's financial worth. Eastinco Mining Exploration is currently under evaluation in revenue category among its peers. It is number one stock in beta category among its peers . At present, Eastinco Mining's Total Revenue is projected to decrease significantly based on the last few years of reporting. 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 Eastinco Mining's earnings, one of the primary drivers of an investment's value.Eastinco Revenue vs. Competition
Eastinco Mining Exploration is currently under evaluation in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 38.15 Billion. Eastinco Mining adds roughly 0.0 in revenue claiming only tiny portion of all equities under Materials industry.
Eastinco Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | null |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Eastinco Mining |
| = | -0.081 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Eastinco Beta Comparison
Eastinco Mining is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Eastinco Mining are expected to decrease at a much lower rate. During the bear market, Eastinco Mining is likely to outperform the market.
Eastinco Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eastinco Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eastinco Mining will eventually generate negative long term returns. The profitability progress is the general direction of Eastinco Mining's change in net profit over the period of time. It can combine multiple indicators of Eastinco Mining, 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 | 2.4 M | 1.3 M | |
| Operating Income | -1 M | -1.1 M | |
| Income Before Tax | -1.1 M | -1.1 M | |
| Total Other Income Expense Net | -54 K | -56.7 K | |
| Net Loss | -1.1 M | -1.1 M | |
| Income Tax Expense | -272 K | -285.6 K |
Eastinco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eastinco Mining. 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 Eastinco Mining 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 Eastinco Mining's important profitability drivers and their relationship over time.
Use Eastinco Mining 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 Eastinco Mining 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 Eastinco Mining will appreciate offsetting losses from the drop in the long position's value.Eastinco Mining Pair Trading
Eastinco Mining Exploration Pair Trading Analysis
The ability to find closely correlated positions to Eastinco Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastinco Mining 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 Eastinco Mining - 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 Eastinco Mining Exploration to buy it.
The correlation of Eastinco Mining 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 Eastinco Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastinco Mining Expl 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 Eastinco Mining 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 Eastinco Mining position
In addition to having Eastinco Mining 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
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Other Information on Investing in Eastinco Stock
To fully project Eastinco Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eastinco Mining Expl 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 Eastinco Mining's income statement, its balance sheet, and the statement of cash flows.