EnCore Energy Price To Earning vs. Shares Owned By Institutions
| EU Stock | CAD 4.53 0.19 4.03% |
For EnCore Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EnCore Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well enCore Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EnCore Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of enCore Energy Corp over time as well as its relative position and ranking within its peers.
EnCore |
enCore Energy Corp Shares Owned By Institutions vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EnCore Energy's current stock value. Our valuation model uses many indicators to compare EnCore Energy value to that of its competitors to determine the firm's financial worth. enCore Energy Corp is rated # 3 in price to earning category among its peers. It is one of the top stocks in shares owned by institutions 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 EnCore Energy's earnings, one of the primary drivers of an investment's value.EnCore Shares Owned By Institutions vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
EnCore Energy |
| = | (13.33) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
EnCore Energy |
| = | 44.62 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
EnCore Shares Owned By Institutions Comparison
EnCore Energy is currently under evaluation in shares owned by institutions category among its peers.
EnCore Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EnCore Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EnCore Energy will eventually generate negative long term returns. The profitability progress is the general direction of EnCore Energy's change in net profit over the period of time. It can combine multiple indicators of EnCore Energy, 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 | 10.5 M | 11 M | |
| Operating Income | -41.8 M | -39.7 M | |
| Net Loss | -30.2 M | -28.7 M | |
| Income Tax Expense | 3.00 | 2.85 | |
| Income Before Tax | -30.2 M | -28.7 M | |
| Total Other Income Expense Net | 11.6 M | 12.2 M | |
| Net Loss | -22.4 M | -21.3 M | |
| Net Loss | -9.7 M | -9.2 M | |
| Net Interest Income | -3.1 M | -3 M | |
| Interest Income | 393.3 K | 413 K | |
| Change To Netincome | -2.2 M | -2.1 M | |
| Net Loss | (0.21) | (0.22) | |
| Income Quality | (1.32) | (1.26) | |
| Net Income Per E B T | 0.97 | 0.96 |
EnCore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EnCore Energy. 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 EnCore Energy 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 EnCore Energy's important profitability drivers and their relationship over time.
Use EnCore Energy 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 EnCore Energy 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 EnCore Energy will appreciate offsetting losses from the drop in the long position's value.EnCore Energy Pair Trading
enCore Energy Corp Pair Trading Analysis
The ability to find closely correlated positions to EnCore Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EnCore Energy 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 EnCore Energy - 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 enCore Energy Corp to buy it.
The correlation of EnCore Energy 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 EnCore Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if enCore Energy 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 EnCore Energy 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 EnCore Energy position
In addition to having EnCore Energy 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?
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Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 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 Compulsion Theme or any other thematic opportunities.
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Additional Tools for EnCore Stock Analysis
When running EnCore Energy's price analysis, check to measure EnCore Energy's 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 EnCore Energy is operating at the current time. Most of EnCore Energy's value examination focuses on studying past and present price action to predict the probability of EnCore Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnCore Energy's price. Additionally, you may evaluate how the addition of EnCore Energy to your portfolios can decrease your overall portfolio volatility.