Southern Cross Total Debt vs. Target Price
SXG Stock | 3.25 0.13 4.17% |
For Southern Cross profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Cross to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Cross Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Cross's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Cross Gold over time as well as its relative position and ranking within its peers.
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Southern Cross Gold Target Price vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Southern Cross's current stock value. Our valuation model uses many indicators to compare Southern Cross value to that of its competitors to determine the firm's financial worth. Southern Cross Gold is rated below average in total debt category among its peers. It is currently regarded as top stock in target price category among its peers . The ratio of Total Debt to Target Price for Southern Cross Gold is about 59,684 . 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 Southern Cross' earnings, one of the primary drivers of an investment's value.Southern Total Debt vs. Competition
Southern Cross Gold is rated below average in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 366.07 Million. Southern Cross adds roughly 223,619 in total debt claiming only tiny portion of all equities under Materials industry.
Southern Target Price vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Southern Cross |
| = | 223.62 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Southern Cross | = | 3.75 |
Southern Target Price Comparison
Southern Cross is currently under evaluation in target price category among its peers.
Southern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Southern Cross. 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 Southern Cross 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 Southern Cross' important profitability drivers and their relationship over time.
Use Southern Cross 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 Southern Cross 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 Southern Cross will appreciate offsetting losses from the drop in the long position's value.Southern Cross Pair Trading
Southern Cross Gold Pair Trading Analysis
The ability to find closely correlated positions to Southern Cross could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Cross 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 Southern Cross - 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 Southern Cross Gold to buy it.
The correlation of Southern Cross 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 Southern Cross moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Cross Gold 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 Southern Cross 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 Southern Cross position
In addition to having Southern Cross 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 Defense Thematic Idea Now
Defense
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Defense theme has 16 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 Defense Theme or any other thematic opportunities.
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Additional Tools for Southern Stock Analysis
When running Southern Cross' price analysis, check to measure Southern Cross' 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 Southern Cross is operating at the current time. Most of Southern Cross' value examination focuses on studying past and present price action to predict the probability of Southern Cross' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Cross' price. Additionally, you may evaluate how the addition of Southern Cross to your portfolios can decrease your overall portfolio volatility.