Southern Copper Return On Equity vs. Shares Outstanding

PCU Stock  EUR 89.20  1.00  1.13%   
Considering Southern Copper's profitability and operating efficiency indicators, Southern Copper may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Southern Copper's ability to earn profits and add value for shareholders.
For Southern Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Copper utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Copper over time as well as its relative position and ranking within its peers.
  
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For more detail on how to invest in Southern Stock please use our How to Invest in Southern Copper guide.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper'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.

Southern Copper Shares Outstanding vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Southern Copper's current stock value. Our valuation model uses many indicators to compare Southern Copper value to that of its competitors to determine the firm's financial worth.
Southern Copper 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 shares outstanding category among its peers creating about  2,387,578,703  of Shares Outstanding per Return On Equity. 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 Southern Copper's earnings, one of the primary drivers of an investment's value.

Southern Shares Outstanding 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.

Southern Copper

Return On Equity

 = 

Net Income

Total Equity

 = 
0.32
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Southern Copper

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
773.1 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Southern Shares Outstanding Comparison

Southern Copper is currently under evaluation in shares outstanding category among its peers.

Southern Copper Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Southern Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Southern Copper will eventually generate negative long term returns. The profitability progress is the general direction of Southern Copper's change in net profit over the period of time. It can combine multiple indicators of Southern Copper, 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.
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. Southern Copper Corporation is a subsidiary of Americas Mining Corporation. SOUTHERN COPPER operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange. It employs 13899 people.

Southern Profitability Driver Comparison

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

Use Southern Copper 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 Southern Copper 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 Southern Copper will appreciate offsetting losses from the drop in the long position's value.

Southern Copper Pair Trading

Southern Copper Pair Trading Analysis

The ability to find closely correlated positions to Southern Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Copper 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 Southern Copper - 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 Southern Copper to buy it.
The correlation of Southern Copper 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 Southern Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Copper 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 Southern Copper 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 Southern Copper position

In addition to having Southern Copper 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 Precious Metals Thematic Idea Now

Precious Metals
Precious Metals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals 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 Precious Metals Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Southern Stock

When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out Your Equity Center.
For more detail on how to invest in Southern Stock please use our How to Invest in Southern Copper guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
To fully project Southern Copper's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Southern Copper 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 Southern Copper's income statement, its balance sheet, and the statement of cash flows.
Potential Southern Copper investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Southern Copper investors may work on each financial statement separately, they are all related. The changes in Southern Copper's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Southern Copper's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.