Triple Financial Statements From 2010 to 2025
| TFPM Stock | 27.40 0.36 1.33% |
Check Triple Flag financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Triple Flag's main balance sheet or income statement drivers, such as , as well as many indicators such as . Triple financial statements analysis is a perfect complement when working with Triple Flag Valuation or Volatility modules.
Triple |
Triple Flag Precious Company Return On Equity Analysis
Triple Flag's 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.
Current Triple Flag Return On Equity | -0.013 |
Most of Triple Flag's fundamental indicators, such as Return On Equity, 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, Triple Flag Precious is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Triple Flag Precious has a Return On Equity of -0.013. This is 101.43% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is 95.81% lower than that of the firm.
Triple Flag Precious Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Triple Flag's current stock value. Our valuation model uses many indicators to compare Triple Flag value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Triple Flag competition to find correlations between indicators driving Triple Flag's intrinsic value. More Info.Triple Flag Precious is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Triple Flag by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Triple Flag'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 Triple Flag Financial Statements
Triple Flag investors utilize fundamental indicators, such as revenue or net income, to predict how Triple 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.
Pair Trading with Triple Flag
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 Triple Flag 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 Triple Flag will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Triple Flag could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triple Flag 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 Triple Flag - 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 Triple Flag Precious to buy it.
The correlation of Triple Flag 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 Triple Flag moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triple Flag Precious 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 Triple Flag 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.Check out the analysis of Triple Flag Correlation against competitors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.