Copper Mountain Price To Book vs. EBITDA
| CPPMF Stock | USD 0.16 0.01 5.88% |
For Copper Mountain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Copper Mountain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Copper Mountain Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Copper Mountain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Copper Mountain Mining over time as well as its relative position and ranking within its peers.
Copper |
Copper Mountain Mining EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Copper Mountain's current stock value. Our valuation model uses many indicators to compare Copper Mountain value to that of its competitors to determine the firm's financial worth. Copper Mountain Mining is rated below average in price to book category among its peers. It is rated below average in ebitda category among its peers totaling about 260,018,985 of EBITDA per Price To Book. 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 Copper Mountain's earnings, one of the primary drivers of an investment's value.Copper EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Copper Mountain |
| = | 1.16 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Copper Mountain |
| = | 301.31 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Copper EBITDA Comparison
Copper Mountain is currently under evaluation in ebitda category among its peers.
Copper Mountain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Copper Mountain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Copper Mountain will eventually generate negative long term returns. The profitability progress is the general direction of Copper Mountain's change in net profit over the period of time. It can combine multiple indicators of Copper Mountain, 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.
Copper Mountain Mining Corporation operates as a mining company in Canada. The company was founded in 2006 and is headquartered in Vancouver, Canada. Copper Mtn operates under Copper classification in the United States and is traded on OTC Exchange.
Copper Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Copper Mountain. 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 Copper Mountain 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 Copper Mountain's important profitability drivers and their relationship over time.
Use Copper Mountain 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 Copper Mountain 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 Copper Mountain will appreciate offsetting losses from the drop in the long position's value.Copper Mountain Pair Trading
Copper Mountain Mining Pair Trading Analysis
The ability to find closely correlated positions to Copper Mountain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copper Mountain 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 Copper Mountain - 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 Copper Mountain Mining to buy it.
The correlation of Copper Mountain 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 Copper Mountain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copper Mountain Mining 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 Copper Mountain 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 Copper Mountain position
In addition to having Copper Mountain 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Copper Pink Sheet
To fully project Copper Mountain's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Copper Mountain Mining 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 Copper Mountain's income statement, its balance sheet, and the statement of cash flows.