Sendero Resources Market Capitalization vs. Earnings Per Share
| SEND Stock | 0.21 0.01 5.00% |
For Sendero Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sendero Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sendero Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sendero Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sendero Resources Corp over time as well as its relative position and ranking within its peers.
Sendero |
Sendero Resources Corp Earnings Per Share vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sendero Resources's current stock value. Our valuation model uses many indicators to compare Sendero Resources value to that of its competitors to determine the firm's financial worth. Sendero Resources Corp is rated second in market capitalization category among its peers. It also is rated second in earnings per share 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 Sendero Resources' earnings, one of the primary drivers of an investment's value.Sendero Market Capitalization vs. Competition
Sendero Resources Corp is rated second in market capitalization category among its peers. Market capitalization of Other Industrial Metals & Mining industry is at this time estimated at about 68.85 Billion. Sendero Resources adds roughly 1.4 Million in market capitalization claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Sendero Earnings Per Share vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Sendero Resources |
| = | 1.4 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Sendero Resources |
| = | (1.45) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Sendero Earnings Per Share Comparison
Sendero Resources is currently under evaluation in earnings per share category among its peers.
Sendero Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sendero Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sendero Resources will eventually generate negative long term returns. The profitability progress is the general direction of Sendero Resources' change in net profit over the period of time. It can combine multiple indicators of Sendero Resources, 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.
Sendero Resources is entity of Canada. It is traded as Stock on V exchange.
Sendero Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sendero Resources. 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 Sendero Resources 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 Sendero Resources' important profitability drivers and their relationship over time.
Use Sendero Resources 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 Sendero Resources 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 Sendero Resources will appreciate offsetting losses from the drop in the long position's value.Sendero Resources Pair Trading
Sendero Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to Sendero Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sendero Resources 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 Sendero Resources - 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 Sendero Resources Corp to buy it.
The correlation of Sendero Resources 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 Sendero Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sendero Resources 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 Sendero Resources 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 Sendero Resources position
In addition to having Sendero Resources 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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Additional Tools for Sendero Stock Analysis
When running Sendero Resources' price analysis, check to measure Sendero Resources' 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 Sendero Resources is operating at the current time. Most of Sendero Resources' value examination focuses on studying past and present price action to predict the probability of Sendero Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sendero Resources' price. Additionally, you may evaluate how the addition of Sendero Resources to your portfolios can decrease your overall portfolio volatility.