Conifex Financial Statements From 2010 to 2025
| CFF Stock | CAD 0.32 0.02 6.67% |
Check Conifex Timber financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Conifex Timber's main balance sheet or income statement drivers, such as , as well as many indicators such as . Conifex financial statements analysis is a perfect complement when working with Conifex Timber Valuation or Volatility modules.
Conifex |
Conifex Timber Company Operating Margin Analysis
Conifex Timber's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Conifex Timber Operating Margin | (0.20) % |
Most of Conifex Timber's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Conifex Timber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Conifex Timber has an Operating Margin of -0.1968%. This is 86.52% lower than that of the Paper & Forest Products sector and 100.95% lower than that of the Materials industry. The operating margin for all Canada stocks is 96.43% lower than that of the firm.
Conifex Timber Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Conifex Timber's current stock value. Our valuation model uses many indicators to compare Conifex Timber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Conifex Timber competition to find correlations between indicators driving Conifex Timber's intrinsic value. More Info.Conifex Timber is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Conifex Timber by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Conifex Timber's Stock. 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.About Conifex Timber Financial Statements
Conifex Timber investors utilize fundamental indicators, such as revenue or net income, to predict how Conifex Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. CONIFEX TIMBER operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 1149 people.
Pair Trading with Conifex Timber
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 Conifex Timber 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 Conifex Timber will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Conifex Timber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifex Timber 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 Conifex Timber - 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 Conifex Timber to buy it.
The correlation of Conifex Timber 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 Conifex Timber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifex Timber 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 Conifex Timber 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.Other Information on Investing in Conifex Stock
Conifex Timber financial ratios help investors to determine whether Conifex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Conifex with respect to the benefits of owning Conifex Timber security.