Montero Mining Return On Equity vs. EBITDA

MON Stock  CAD 0.31  0.01  3.13%   
Considering the key profitability indicators obtained from Montero Mining's historical financial statements, Montero Mining and may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Montero Mining's ability to earn profits and add value for shareholders.
For Montero Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Montero Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Montero Mining and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Montero Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Montero Mining and over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Montero Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montero Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montero Mining's 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.

Montero Mining EBITDA vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Montero Mining's current stock value. Our valuation model uses many indicators to compare Montero Mining value to that of its competitors to determine the firm's financial worth.
Montero Mining and is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in ebitda category among its peers . At this time, Montero Mining's EBITDA 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 Montero Mining's earnings, one of the primary drivers of an investment's value.

Montero EBITDA vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Montero Mining

Return On Equity

 = 

Net Income

Total Equity

 = 
-5.75
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

Montero Mining

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(401.59 K)
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.

Montero EBITDA Comparison

Montero Mining is currently under evaluation in ebitda category among its peers.

Montero Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Montero Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Montero Mining will eventually generate negative long term returns. The profitability progress is the general direction of Montero Mining's change in net profit over the period of time. It can combine multiple indicators of Montero 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 ReportedProjected for Next Year
Operating Income-482.7 K-506.8 K
Net Loss-599.5 K-629.5 K
Income Before Tax-599.5 K-629.5 K
Total Other Income Expense Net-109.5 K-115 K
Net Loss-567.2 K-595.6 K
Net Loss-599.5 K-629.5 K
Net Interest Income-7.3 K-7.7 K
Interest Income 1.80  1.60 
Change To Netincome-169.6 K-161.1 K

Montero Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Montero 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 Montero 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 Montero Mining's important profitability drivers and their relationship over time.

Use Montero 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 Montero 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 Montero Mining will appreciate offsetting losses from the drop in the long position's value.

Montero Mining Pair Trading

Montero Mining and Pair Trading Analysis

The ability to find closely correlated positions to Montero 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 Montero 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 Montero 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 Montero Mining and to buy it.
The correlation of Montero 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 Montero Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Montero 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 Montero 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Montero Mining position

In addition to having Montero 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.

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Run Single Stock ETFs Thematic Idea Now

Single Stock ETFs
Single Stock ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 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 Single Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for Montero Stock Analysis

When running Montero Mining's price analysis, check to measure Montero Mining's 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 Montero Mining is operating at the current time. Most of Montero Mining's value examination focuses on studying past and present price action to predict the probability of Montero Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montero Mining's price. Additionally, you may evaluate how the addition of Montero Mining to your portfolios can decrease your overall portfolio volatility.