Neometals Total Debt vs. Current Valuation
| RDRUYDelisted Stock | USD 0.63 0.00 0.00% |
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.
Neometals |
Neometals ADR Current Valuation vs. Total Debt 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 third in total debt category among its peers. It is rated below average in current valuation category among its peers reporting about 849.12 of Current Valuation per Total Debt. 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 Total Debt vs. Competition
Neometals Ltd ADR is rated third in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is at this time estimated at about 285.1 Million. Neometals adds roughly 371,760 in total debt claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Neometals Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Neometals |
| = | 371.76 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Neometals |
| = | 315.67 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Neometals Current Valuation vs Competition
Neometals Ltd ADR is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is at this time estimated at about 9.21 Billion. Neometals holds roughly 315.67 Million in current valuation claiming about 3% of all equities under Other Industrial Metals & Mining industry.
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.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?
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Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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