HudBay Minerals Number Of Shares Shorted vs. EBITDA

HBM Stock  CAD 12.53  0.03  0.24%   
Based on HudBay Minerals' profitability indicators, HudBay Minerals is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess HudBay Minerals' ability to earn profits and add value for shareholders. At this time, HudBay Minerals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 5th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.25, while Price To Sales Ratio is likely to drop 0.96. At this time, HudBay Minerals' Net Income Applicable To Common Shares is very stable compared to the past year. As of the 5th of December 2024, Net Income Per Share is likely to grow to 0.22, though Total Other Income Expense Net is likely to grow to (138.1 M).
For HudBay Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HudBay Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HudBay Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HudBay Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HudBay Minerals over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' 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.

HudBay Minerals EBITDA vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining HudBay Minerals's current stock value. Our valuation model uses many indicators to compare HudBay Minerals value to that of its competitors to determine the firm's financial worth.
HudBay Minerals is rated # 3 in number of shares shorted category among its peers. It also is rated # 3 in ebitda category among its peers totaling about  72.58  of EBITDA per Number Of Shares Shorted. At this time, HudBay Minerals' EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value HudBay Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HudBay Minerals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

HudBay EBITDA vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

HudBay Minerals

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
8.56 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

HudBay Minerals

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
621.1 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

HudBay EBITDA Comparison

HudBay Minerals is currently under evaluation in ebitda category among its peers.

HudBay Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in HudBay Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HudBay Minerals will eventually generate negative long term returns. The profitability progress is the general direction of HudBay Minerals' change in net profit over the period of time. It can combine multiple indicators of HudBay Minerals, 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 Income30.2 M31.7 M
Operating Income297.2 M312 M
Income Before Tax151.8 M159.4 M
Total Other Income Expense Net-145.3 M-138.1 M
Net Income69.5 M73 M
Income Tax Expense82.3 M86.4 M
Net Income From Continuing Ops69.5 M73 M
Net Income Applicable To Common Shares63.3 M66.5 M
Interest Income8.1 M7.7 M
Net Interest Income-108.8 M-114.2 M
Change To Netincome-48.6 M-46.2 M
Net Income Per Share 0.21  0.22 
Income Quality 6.12  6.42 
Net Income Per E B T 0.44  0.73 

HudBay Profitability Driver Comparison

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

Use HudBay Minerals 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 HudBay Minerals 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 HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.

HudBay Minerals Pair Trading

HudBay Minerals Pair Trading Analysis

The ability to find closely correlated positions to HudBay Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HudBay Minerals 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 HudBay Minerals - 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 HudBay Minerals to buy it.
The correlation of HudBay Minerals 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 HudBay Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HudBay Minerals 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 HudBay Minerals 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 HudBay Minerals position

In addition to having HudBay Minerals 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs 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 Large & Mid Caps ETFs Theme or any other thematic opportunities.
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When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
Check out Risk vs Return Analysis.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
To fully project HudBay Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HudBay Minerals 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 HudBay Minerals' income statement, its balance sheet, and the statement of cash flows.
Potential HudBay Minerals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although HudBay Minerals investors may work on each financial statement separately, they are all related. The changes in HudBay Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HudBay Minerals'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.