Hannan Metals Current Valuation vs. Shares Owned By Institutions

HANNF Stock  USD 0.53  0.08  17.78%   
Based on Hannan Metals' profitability indicators, Hannan Metals may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Hannan Metals' ability to earn profits and add value for shareholders.
For Hannan Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hannan Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hannan Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hannan Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hannan 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 Hannan Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hannan Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hannan 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.

Hannan Metals Shares Owned By Institutions vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Hannan Metals's current stock value. Our valuation model uses many indicators to compare Hannan Metals value to that of its competitors to determine the firm's financial worth.
Hannan Metals is rated as one of the top companies in current valuation category among its peers. It is rated # 4 in shares owned by institutions category among its peers . The ratio of Current Valuation to Shares Owned By Institutions for Hannan Metals is about  5,889,638 . 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 Hannan Metals' earnings, one of the primary drivers of an investment's value.

Hannan Current Valuation vs. Competition

Hannan Metals is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 29.77 Billion. Hannan Metals adds roughly 23.56 Million in current valuation claiming only tiny portion of all equities under Materials industry.

Hannan Shares Owned By Institutions vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Hannan Metals

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
23.56 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.

Hannan Metals

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
4.00 %
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.

Hannan Shares Owned By Institutions Comparison

Hannan Metals is currently under evaluation in shares owned by institutions category among its peers.

Hannan Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Hannan Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hannan Metals will eventually generate negative long term returns. The profitability progress is the general direction of Hannan Metals' change in net profit over the period of time. It can combine multiple indicators of Hannan 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.
Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Ireland and Peru. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals is traded on OTC Exchange in the United States.

Hannan Profitability Driver Comparison

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

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

Hannan Metals Pair Trading

Hannan Metals Pair Trading Analysis

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

In addition to having Hannan 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 Momentum Thematic Idea Now

Momentum
Momentum Theme
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum 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 Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Hannan Pink Sheet

To fully project Hannan Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hannan Metals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hannan Metals' income statement, its balance sheet, and the statement of cash flows.
Potential Hannan Metals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hannan Metals investors may work on each financial statement separately, they are all related. The changes in Hannan Metals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hannan Metals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.