Talon Metals financial statements provide useful quarterly and yearly information to potential Talon Metals Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Talon Metals financial statements helps investors assess Talon Metals' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Talon Metals' valuation are summarized below:
Market Capitalization
84.1 M
We have found one hundred twenty available fundamental trend indicators for Talon Metals Corp, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Talon Metals' current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 3rd of January 2025, Market Cap is likely to grow to about 388.6 M. Also, Enterprise Value is likely to grow to about 365 M
Talon Metals investors utilize fundamental indicators, such as revenue or net income, to predict how Talon 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.
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 Talon Metals 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 Talon Metals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Talon Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talon Metals 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 Talon Metals - 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 Talon Metals Corp to buy it.
The correlation of Talon Metals 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 Talon Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talon Metals Corp 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 Talon Metals 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.
Talon Metals financial ratios help investors to determine whether Talon 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 Talon with respect to the benefits of owning Talon Metals security.