Candelaria Mining Corp Stock Return On Equity
| CDELF Stock | USD 0.01 0 14.29% |
Candelaria Mining Corp fundamentals help investors to digest information that contributes to Candelaria Mining's financial success or failures. It also enables traders to predict the movement of Candelaria Pink Sheet. The fundamental analysis module provides a way to measure Candelaria Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Candelaria Mining pink sheet.
Candelaria |
Candelaria Mining Corp Company Return On Equity Analysis
Candelaria Mining's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Candelaria Mining Return On Equity | -0.66 |
Most of Candelaria Mining's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Candelaria Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Candelaria Mining Corp has a Return On Equity of -0.6602. This is 172.55% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is 112.97% higher than that of the company.
Did you try this?
Run Idea Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
| All Next | Launch Module |
Candelaria Fundamentals
| Return On Equity | -0.66 | |||
| Return On Asset | -0.12 | |||
| Current Valuation | 7.13 M | |||
| Shares Outstanding | 149.41 M | |||
| Shares Owned By Insiders | 46.26 % | |||
| Price To Earning | (5.84) X | |||
| Price To Book | 0.89 X | |||
| EBITDA | (4.89 M) | |||
| Net Income | (10.68 M) | |||
| Cash And Equivalents | 3.02 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 1.37 M | |||
| Debt To Equity | 0.13 % | |||
| Current Ratio | 1.58 X | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (5.02 M) | |||
| Earnings Per Share | (0.03) X | |||
| Number Of Employees | 13 | |||
| Beta | 0.35 | |||
| Market Capitalization | 7.86 M | |||
| Total Asset | 16.79 M | |||
| Z Score | 3.0 | |||
| Net Asset | 16.79 M |
About Candelaria Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Candelaria Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Candelaria Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Candelaria Mining Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Candelaria Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Candelaria Mining's short interest history, or implied volatility extrapolated from Candelaria Mining options trading.
Pair Trading with Candelaria Mining
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 Candelaria Mining 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 Candelaria Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Candelaria Pink Sheet
| 0.64 | META | Meta Platforms | PairCorr |
| 0.63 | TRV | The Travelers Companies Sell-off Trend | PairCorr |
| 0.58 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.55 | NVDA | NVIDIA Buyout Trend | PairCorr |
The ability to find closely correlated positions to Candelaria Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Candelaria Mining 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 Candelaria Mining - 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 Candelaria Mining Corp to buy it.
The correlation of Candelaria Mining 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 Candelaria Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Candelaria Mining 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 Candelaria Mining 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Candelaria Mining Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Candelaria Pink Sheet analysis
When running Candelaria Mining's price analysis, check to measure Candelaria Mining'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 Candelaria Mining is operating at the current time. Most of Candelaria Mining's value examination focuses on studying past and present price action to predict the probability of Candelaria Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Candelaria Mining's price. Additionally, you may evaluate how the addition of Candelaria Mining to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |