Technology Minerals Target Price vs. Total Asset
| TM1 Stock | 0.20 0.05 20.00% |
For Technology Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Technology Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Technology Minerals PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Technology Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Technology Minerals PLC over time as well as its relative position and ranking within its peers.
Technology |
Technology Minerals PLC Total Asset vs. Target Price Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Technology Minerals's current stock value. Our valuation model uses many indicators to compare Technology Minerals value to that of its competitors to determine the firm's financial worth. Technology Minerals PLC is currently under evaluation in target price category among its peers. It is rated below average in total asset category among its peers . At present, Technology Minerals' Total Assets are projected to increase significantly based on the last few years of reporting. 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 Technology Minerals' earnings, one of the primary drivers of an investment's value.Technology Total Asset vs. Target Price
Technology Minerals | = | 7.0 |
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Technology Minerals |
| = | 23.91 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Technology Total Asset Comparison
Technology Minerals is currently under evaluation in total asset category among its peers.
Technology Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Technology Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Technology Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Technology Minerals' change in net profit over the period of time. It can combine multiple indicators of Technology Minerals, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 4.3 M | 2.9 M | |
| Income Before Tax | -3.5 M | -3.4 M | |
| Total Other Income Expense Net | -73.6 K | -77.3 K | |
| Net Loss | -3.5 M | -3.3 M | |
| Net Interest Income | -178.2 K | -169.3 K | |
| Interest Income | 225.4 K | 133.1 K | |
| Operating Income | -3.5 M | -3.6 M | |
| Net Loss | -3.5 M | -3.7 M | |
| Net Loss | -1.5 M | -1.6 M | |
| Income Tax Expense | -10.8 K | -10.3 K | |
| Change To Netincome | -5.8 K | -6.1 K |
Technology Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Technology Minerals. 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 Technology Minerals 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 Technology Minerals' important profitability drivers and their relationship over time.
Use Technology Minerals 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 Technology Minerals 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 Technology Minerals will appreciate offsetting losses from the drop in the long position's value.Technology Minerals Pair Trading
Technology Minerals PLC Pair Trading Analysis
The ability to find closely correlated positions to Technology Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Technology Minerals 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 Technology Minerals - 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 Technology Minerals PLC to buy it.
The correlation of Technology Minerals 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 Technology Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Technology Minerals PLC 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 Technology Minerals 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 Technology Minerals position
In addition to having Technology Minerals 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 Agriculture Thematic Idea Now
Agriculture
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
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Other Information on Investing in Technology Stock
To fully project Technology Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Technology Minerals PLC 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 Technology Minerals' income statement, its balance sheet, and the statement of cash flows.