NGEx Minerals Short Ratio vs. Number Of Employees

NGEX Stock   13.84  0.33  2.44%   
Based on NGEx Minerals' profitability indicators, NGEx Minerals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess NGEx Minerals' ability to earn profits and add value for shareholders. At this time, NGEx Minerals' Capex Per Share is very stable compared to the past year. As of the 25th of December 2024, Graham Net Net is likely to grow to 0.40, while PTB Ratio is likely to drop 11.14.
For NGEx Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NGEx Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NGEx Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NGEx Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NGEx Minerals over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between NGEx Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if NGEx Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGEx 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.

NGEx Minerals Number Of Employees vs. Short Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining NGEx Minerals's current stock value. Our valuation model uses many indicators to compare NGEx Minerals value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15TLODCMFSYNGEX 05001K1.5K2K 00.51.01.52.02.53.03.54.04.5
NGEx Minerals is considered to be number one stock in short ratio category among its peers. It also is considered to be number one stock in number of employees category among its peers creating about  8.55  of Number Of Employees per Short Ratio. Comparative valuation analysis is a catch-all model that can be used if you cannot value NGEx Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NGEx 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.

NGEx Number Of Employees vs. Short Ratio

Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

NGEx Minerals

Short Ratio

 = 

Short Interest

Average Trading Volume

 = 
4.21 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

NGEx Minerals

Number of Employees

 = 

Full Time

+

Part Time

 = 
36
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

NGEx Number Of Employees vs Competition

NGEx Minerals is considered to be number one stock in number of employees category among its peers. The total workforce of Other Industrial Metals & Mining industry is now estimated at about 1,942. NGEx Minerals claims roughly 36.0 in number of employees contributing just under 2% to all equities under Other Industrial Metals & Mining industry.
NGEXTLODCMNGEX1.9%TLO4.8%DCM92.7%FSY0.6%100%

NGEx Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in NGEx Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NGEx Minerals will eventually generate negative long term returns. The profitability progress is the general direction of NGEx Minerals' change in net profit over the period of time. It can combine multiple indicators of NGEx 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 Income-4.5 M-4.3 M
Operating Income-49 M-46.5 M
Income Before Tax-37.7 M-35.8 M
Total Other Income Expense Net9.4 M9.9 M
Net Loss-37.7 M-35.8 M
Net Interest Income1.8 M1.9 M
Net Loss-37.7 M-35.8 M
Income Tax Expense-53.4 K-56.1 K
Interest Income1.9 MM
Net Loss(0.21)(0.22)
Income Quality 0.72  0.86 

NGEx Profitability Driver Comparison

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

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

NGEx Minerals Pair Trading

NGEx Minerals Pair Trading Analysis

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

In addition to having NGEx 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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Other Information on Investing in NGEx Stock

To fully project NGEx Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NGEx 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 NGEx Minerals' income statement, its balance sheet, and the statement of cash flows.
Potential NGEx Minerals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although NGEx Minerals investors may work on each financial statement separately, they are all related. The changes in NGEx Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NGEx 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.