Stelar Metals Price To Book vs. Current Valuation
| SLB Stock | 0.07 0 2.78% |
For Stelar Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stelar Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stelar Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stelar Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stelar Metals over time as well as its relative position and ranking within its peers.
Stelar |
Stelar Metals Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stelar Metals's current stock value. Our valuation model uses many indicators to compare Stelar Metals value to that of its competitors to determine the firm's financial worth. Stelar Metals is currently regarded as top stock in price to book category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 1,580,373 of Current Valuation per Price To Book. 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 Stelar Metals' earnings, one of the primary drivers of an investment's value.Stelar Current Valuation vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Stelar Metals |
| = | 0.49 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Stelar Metals |
| = | 770.59 K |
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.
Stelar Current Valuation vs Competition
Stelar Metals is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 9.29 Billion. Stelar Metals adds roughly 770,590 in current valuation claiming only tiny portion of all equities under Materials industry.
Stelar Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stelar Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stelar Metals will eventually generate negative long term returns. The profitability progress is the general direction of Stelar Metals' change in net profit over the period of time. It can combine multiple indicators of Stelar 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.1 M | 536.4 K | |
| Operating Income | -898.9 K | -943.9 K | |
| Income Before Tax | -854.9 K | -897.6 K | |
| Net Loss | -854.9 K | -897.6 K | |
| Net Loss | (854.88) | (897.63) | |
| Net Loss | -854.9 K | -897.6 K | |
| Income Tax Expense | -854.9 K | -897.6 K | |
| Net Interest Income | 44 K | 39.2 K | |
| Interest Income | 44 K | 39.2 K | |
| Total Other Income Expense Net | 44 K | 39.2 K | |
| Change To Netincome | 91.3 K | 86.8 K |
Stelar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stelar 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 Stelar 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 Stelar Metals' important profitability drivers and their relationship over time.
Use Stelar 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 Stelar 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 Stelar Metals will appreciate offsetting losses from the drop in the long position's value.Stelar Metals Pair Trading
Stelar Metals Pair Trading Analysis
The ability to find closely correlated positions to Stelar 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 Stelar 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 Stelar 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 Stelar Metals to buy it.
The correlation of Stelar 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 Stelar Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stelar 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 Stelar 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.Use Investing Themes to Complement your Stelar Metals position
In addition to having Stelar 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.Did You Try This Idea?
Run Global Macro ETFs Thematic Idea Now
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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 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.
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Additional Tools for Stelar Stock Analysis
When running Stelar Metals' price analysis, check to measure Stelar Metals' 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 Stelar Metals is operating at the current time. Most of Stelar Metals' value examination focuses on studying past and present price action to predict the probability of Stelar Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stelar Metals' price. Additionally, you may evaluate how the addition of Stelar Metals to your portfolios can decrease your overall portfolio volatility.