Neometals Return On Asset vs. Debt To Equity

RDRUYDelisted Stock  USD 0.63  0.00  0.00%   
Based on Neometals' profitability indicators, Neometals Ltd ADR may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Neometals' ability to earn profits and add value for shareholders.
For Neometals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Neometals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Neometals Ltd ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Neometals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Neometals Ltd ADR over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Please note, there is a significant difference between Neometals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neometals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neometals' 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.

Neometals ADR Debt To Equity vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Neometals's current stock value. Our valuation model uses many indicators to compare Neometals value to that of its competitors to determine the firm's financial worth.
Neometals Ltd ADR is rated below average in return on asset category among its peers. It is rated fifth in debt to equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Neometals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Neometals' Pink Sheet. 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.

Neometals Debt To Equity vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Neometals

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0863
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Neometals

D/E

 = 

Total Debt

Total Equity

 = 
0 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Neometals Debt To Equity Comparison

Neometals is currently under evaluation in debt to equity category among its peers.

Neometals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Neometals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Neometals will eventually generate negative long term returns. The profitability progress is the general direction of Neometals' change in net profit over the period of time. It can combine multiple indicators of Neometals, 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.
The company operates through three segments Lithium, TitaniumVanadium, and Other. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia. Neometals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Neometals Profitability Driver Comparison

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

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

Neometals Pair Trading

Neometals Ltd ADR Pair Trading Analysis

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

In addition to having Neometals 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 Heavy Metals Thematic Idea Now

Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 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 Heavy Metals Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in Neometals Pink Sheet

If you are still planning to invest in Neometals ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neometals' history and understand the potential risks before investing.
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