Cornish Metals Cash Flow From Operations vs. Beta

CUSN Stock   8.04  0.11  1.35%   
Based on Cornish Metals' profitability indicators, Cornish Metals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Cornish Metals' ability to earn profits and add value for shareholders.
For Cornish Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cornish Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cornish Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cornish Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cornish Metals over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Cornish Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cornish Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cornish Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cornish Metals Beta vs. Cash Flow From Operations Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cornish Metals's current stock value. Our valuation model uses many indicators to compare Cornish Metals value to that of its competitors to determine the firm's financial worth.
Cornish Metals is number one stock in cash flow from operations category among its peers. It also is number one stock in beta category among its peers . 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 Cornish Metals' earnings, one of the primary drivers of an investment's value.

Cornish Beta vs. Cash Flow From Operations

Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Cornish Metals

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
(2.98 K)
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Cornish Metals

Beta

 = 

Covariance

Variance

 = 
2.5
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Cornish Beta Comparison

Cornish Metals is currently under evaluation in beta category among its peers.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cornish Metals will likely underperform.

Cornish Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cornish Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cornish Metals will eventually generate negative long term returns. The profitability progress is the general direction of Cornish Metals' change in net profit over the period of time. It can combine multiple indicators of Cornish Metals, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income2.1 M2.2 M
Operating Income-5.2 M-4.9 M
Income Before Tax-3.1 M-3.3 M
Total Other Income Expense Net2.1 M2.2 M
Net Loss-3 K-3.1 K
Income Tax Expense188.8 K179.4 K
Interest Income1.7 M1.8 M
Net Loss-1.1 M-1.2 M
Net Interest Income1.7 M1.8 M
Net Income From Continuing Ops767.5 K805.8 K
Change To Netincome-1.6 M-1.5 M

Cornish Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cornish Metals. 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 Cornish Metals 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 Cornish Metals' important profitability drivers and their relationship over time.

Use Cornish Metals 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 Cornish 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 Cornish Metals will appreciate offsetting losses from the drop in the long position's value.

Cornish Metals Pair Trading

Cornish Metals Pair Trading Analysis

The ability to find closely correlated positions to Cornish 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 Cornish 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 Cornish 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 Cornish Metals to buy it.
The correlation of Cornish 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 Cornish Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cornish Metals 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 Cornish 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cornish Metals position

In addition to having Cornish Metals 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.

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Run Management Thematic Idea Now

Management
Management Theme
Companies providing management services to businesses. The Management theme has 41 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 Management Theme or any other thematic opportunities.
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Additional Tools for Cornish Stock Analysis

When running Cornish Metals' price analysis, check to measure Cornish Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cornish Metals is operating at the current time. Most of Cornish Metals' value examination focuses on studying past and present price action to predict the probability of Cornish Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cornish Metals' price. Additionally, you may evaluate how the addition of Cornish Metals to your portfolios can decrease your overall portfolio volatility.