Enduro Metals Price To Book vs. Shares Owned By Insiders
| ENDR Stock | CAD 0.17 0.01 6.25% |
For Enduro Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enduro Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enduro Metals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enduro Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enduro Metals Corp over time as well as its relative position and ranking within its peers.
Enduro |
Enduro Metals Corp Shares Owned By Insiders vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enduro Metals's current stock value. Our valuation model uses many indicators to compare Enduro Metals value to that of its competitors to determine the firm's financial worth. Enduro Metals Corp is rated # 5 in price to book category among its peers. It is rated # 3 in shares owned by insiders category among its peers making about 141.46 of Shares Owned By Insiders per Price To Book. 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 Enduro Metals' earnings, one of the primary drivers of an investment's value.Enduro Shares Owned By Insiders vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Enduro Metals |
| = | 0.15 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Enduro Metals |
| = | 20.88 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Enduro Shares Owned By Insiders Comparison
Enduro Metals is currently under evaluation in shares owned by insiders category among its peers.
Enduro Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enduro Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enduro Metals will eventually generate negative long term returns. The profitability progress is the general direction of Enduro Metals' change in net profit over the period of time. It can combine multiple indicators of Enduro 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 5.7 M | 6 M | |
| Operating Income | -1.4 M | -1.5 M | |
| Net Loss | -978.2 K | -1 M | |
| Income Tax Expense | (2.70) | (2.56) | |
| Income Before Tax | -1.2 M | -1.3 M | |
| Total Other Income Expense Net | 543.7 K | 570.9 K | |
| Net Income Applicable To Common Shares | 4.9 K | 5.1 K | |
| Net Loss | -1.2 M | -1.3 M | |
| Net Interest Income | -58.9 K | -61.8 K | |
| Change To Netincome | -1.4 M | -1.3 M | |
| Net Loss | (0.05) | (0.05) | |
| Income Quality | 0.62 | 0.66 |
Enduro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enduro 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 Enduro 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 Enduro Metals' important profitability drivers and their relationship over time.
Use Enduro 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 Enduro 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 Enduro Metals will appreciate offsetting losses from the drop in the long position's value.Enduro Metals Pair Trading
Enduro Metals Corp Pair Trading Analysis
The ability to find closely correlated positions to Enduro 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 Enduro 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 Enduro 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 Enduro Metals Corp to buy it.
The correlation of Enduro 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 Enduro Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enduro 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 Enduro 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.Use Investing Themes to Complement your Enduro Metals position
In addition to having Enduro 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.Did You Try This Idea?
Run Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health 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 Health Management Theme or any other thematic opportunities.
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Additional Tools for Enduro Stock Analysis
When running Enduro Metals' price analysis, check to measure Enduro 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 Enduro Metals is operating at the current time. Most of Enduro Metals' value examination focuses on studying past and present price action to predict the probability of Enduro Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enduro Metals' price. Additionally, you may evaluate how the addition of Enduro Metals to your portfolios can decrease your overall portfolio volatility.