South Pacific Number Of Shares Shorted vs. Book Value Per Share
| SPMC Stock | 0.45 0.01 2.17% |
For South Pacific profitability analysis, we use financial ratios and fundamental drivers that measure the ability of South Pacific to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well South Pacific Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between South Pacific's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of South Pacific Metals over time as well as its relative position and ranking within its peers.
South |
South Pacific Metals Book Value Per Share vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining South Pacific's current stock value. Our valuation model uses many indicators to compare South Pacific value to that of its competitors to determine the firm's financial worth. South Pacific Metals is currently regarded as top stock in number of shares shorted category among its peers. It also is currently regarded as top stock in book value per share category among its peers . The ratio of Number Of Shares Shorted to Book Value Per Share for South Pacific Metals is about 7,850 . 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 South Pacific's earnings, one of the primary drivers of an investment's value.South Book Value Per Share 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.
South Pacific |
| = | 3.4 K |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
South Pacific |
| = | 0.43 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
South Book Value Per Share Comparison
South Pacific is currently under evaluation in book value per share category among its peers.
South Pacific Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in South Pacific, profitability is also one of the essential criteria for including it into their portfolios because, without profit, South Pacific will eventually generate negative long term returns. The profitability progress is the general direction of South Pacific's change in net profit over the period of time. It can combine multiple indicators of South Pacific, 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 | ||
| Net Interest Income | -90 K | -85.5 K | |
| Operating Income | -1 M | -1.1 M | |
| Net Loss | -1.4 M | -1.4 M | |
| Income Before Tax | -1.4 M | -1.4 M | |
| Net Loss | -1.4 M | -1.5 M | |
| Total Other Income Expense Net | -308.7 K | -293.3 K |
South Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on South Pacific. 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 South Pacific 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 South Pacific's important profitability drivers and their relationship over time.
Use South Pacific 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 South Pacific 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 South Pacific will appreciate offsetting losses from the drop in the long position's value.South Pacific Pair Trading
South Pacific Metals Pair Trading Analysis
The ability to find closely correlated positions to South Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace South Pacific 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 South Pacific - 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 South Pacific Metals to buy it.
The correlation of South Pacific 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 South Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if South Pacific 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 South Pacific 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 South Pacific position
In addition to having South Pacific 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 Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
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Additional Tools for South Stock Analysis
When running South Pacific's price analysis, check to measure South Pacific's 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 South Pacific is operating at the current time. Most of South Pacific's value examination focuses on studying past and present price action to predict the probability of South Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South Pacific's price. Additionally, you may evaluate how the addition of South Pacific to your portfolios can decrease your overall portfolio volatility.