Excelsior Mining Shares Owned By Institutions vs. Cash Per Share
| MIN Stock | CAD 0.18 0.03 14.29% |
For Excelsior Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Excelsior Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Excelsior Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Excelsior Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Excelsior Mining Corp over time as well as its relative position and ranking within its peers.
Excelsior |
Excelsior Mining Corp Cash Per Share vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Excelsior Mining's current stock value. Our valuation model uses many indicators to compare Excelsior Mining value to that of its competitors to determine the firm's financial worth. Excelsior Mining Corp is regarded second in shares owned by institutions category among its peers. It is considered to be number one stock in cash per share category among its peers . The ratio of Shares Owned By Institutions to Cash Per Share for Excelsior Mining Corp is about 331.91 . At this time, Excelsior Mining's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Excelsior Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Excelsior Mining's 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.Excelsior Cash Per Share vs. Shares Owned By Institutions
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.
Excelsior Mining |
| = | 46.47 % |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Excelsior Mining |
| = | 0.14 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Excelsior Cash Per Share Comparison
Excelsior Mining is currently under evaluation in cash per share category among its peers.
Excelsior Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Excelsior Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Excelsior Mining will eventually generate negative long term returns. The profitability progress is the general direction of Excelsior Mining's change in net profit over the period of time. It can combine multiple indicators of Excelsior Mining, 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 | 13.4 M | 7 M | |
| Operating Income | -10 M | -9.5 M | |
| Net Loss | -29 M | -27.5 M | |
| Income Tax Expense | 4 M | 4.2 M | |
| Income Before Tax | -29 M | -27.5 M | |
| Total Other Income Expense Net | -19 M | -18 M | |
| Net Loss | -29 M | -27.5 M | |
| Net Income Applicable To Common Shares | 31.4 M | 33 M | |
| Interest Income | 113 K | 107.3 K | |
| Net Interest Income | -3.4 M | -3.2 M | |
| Change To Netincome | 64.4 M | 67.6 M | |
| Net Loss | (0.10) | (0.11) | |
| Income Quality | 0.36 | 0.34 | |
| Net Income Per E B T | 0.88 | 0.63 |
Excelsior Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Excelsior Mining. 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 Excelsior Mining 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 Excelsior Mining's important profitability drivers and their relationship over time.
Use Excelsior Mining 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 Excelsior Mining 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 Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.Excelsior Mining Pair Trading
Excelsior Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Excelsior Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelsior Mining 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 Excelsior Mining - 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 Excelsior Mining Corp to buy it.
The correlation of Excelsior Mining 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 Excelsior Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior Mining 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 Excelsior Mining 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 Excelsior Mining position
In addition to having Excelsior Mining 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 Global Macro ETFs Thematic Idea Now
Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Excelsior Stock
To fully project Excelsior Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Excelsior Mining Corp 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 Excelsior Mining's income statement, its balance sheet, and the statement of cash flows.