Labrador Competitors

Stocks . Canada . 
Stock . Labrador Gold Corp
LAB Stock  CAD 0.14  0.06  30.00%   
Labrador Gold Corp competes with Western Copper, Canadian Utilities, High Liner, Algonquin Power, and Perseus Mining; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Labrador Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Labrador Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Labrador Gold Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Labrador Gold competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Labrador Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.147.40
Details
Intrinsic
Valuation
LowRealHigh
0.010.167.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Labrador Gold. Your research has to be compared to or analyzed against Labrador Gold's peers to derive any actionable benefits. When done correctly, Labrador Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Labrador Gold Corp.

Labrador Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Labrador Gold and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Labrador and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Labrador Gold Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
PRU
+ 0.91
WRN
MKO
+ 0.89
PRU
HLF
+ 0.83
WRN
PRU
+ 0.81
HLF
MKO
+ 0.77
AQN-PD
MKO
+ 0.73
WRN
  
High negative correlations   
AQN-PD
- 0.43
CU
MKO
- 0.27
CU
PRU
- 0.13
CU
HLF
- 0.12
CU
VZ
- 0.04
CU
CU
- 0.0
WRN

Risk-Adjusted Indicators

There is a big difference between Labrador Stock performing well and Labrador Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Labrador Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Labrador Gold Corp and related stocks such as Western Copper, Canadian Utilities, and High Liner Foods Net Income Over Time
201020112012201320142015201620172018201920202021202220232024
WRN(248.5 K)(22 M)(3.9 M)(1.4 M)(1.9 M)(2.1 M)(2.1 M)(2.7 M)(2.9 M)(1.1 M)(752.4 K)(1.7 M)(5.1 M)(3.3 M)(3.5 M)
CU180.7 M515 M580 M587 M711 M352 M620 M483 M634 M951 M427 M393 M632 M707 M460.4 M
HLF(32 M)17.8 M2.2 M31.4 M30.3 M29.6 M33 M31.7 M16.8 M10.3 M28.8 M42.2 M54.7 M31.7 M33.3 M
AQN-PD185 M185 M185 M185 M185 M185 M185 M185 M185 M510.3 M782.5 M264.9 M(212 M)28.7 M27.2 M
PRU(688.3 K)47.2 M38.4 M(30.9 M)87.8 M(35.6 M)(76.2 M)(25.9 M)7 M94.4 M116.2 M233.6 M427.4 M491.5 M516.1 M
MKO(106.4 K)(1.9 M)(1.4 M)(854.5 K)(677.6 K)(371.7 K)(1.1 M)(600.5 K)(22.3 M)(12.1 M)(12.1 M)10 M(12 M)6.8 M7.1 M

Labrador Gold Corp and related stocks such as Western Copper, Canadian Utilities, and High Liner Foods Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Labrador Gold Corp financial statement analysis. It represents the amount of money remaining after all of Labrador Gold Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Labrador Gold Competitive Analysis

The better you understand Labrador Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Labrador Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Labrador Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
LAB WRN CU HLF AQN-PD PRU MKO VZ
 30.00 
 0.14 
Labrador
 1.53 
 1.99 
Western
 0.07 
 30.18 
Canadian
 1.23 
 13.16 
High
 2.40 
 22.40 
Algonquin
 4.90 
 1.94 
Perseus
 1.58 
 3.21 
Mako
 4.70 
 17.04 
Verizon
Market Volatility
(90 Days Market Risk)
Out of control
Very risky
Very steady
Not too volatile
Very steady
Relatively risky
Very risky
Very steady
Market Performance
(90 Days Performance)
Weak
OK
Very Weak
Good
Good
Good
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
High
Below Average
Very Low
Very Small
Below Average
Very Low
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Fairly Valued
Under Valued
Under Valued
Under Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Hold
Strong Hold
Strong Buy
Strong Buy
Strong Buy
Strong Sell
Hold
Current Ratio
N/A
8.59 X
1.51 X
2.47 X
N/A
1.91 X
0.76 X
N/A
Net Asset
50.45 M
143.92 M
23.16 B
834.4 M
18.37 B
2.42 B
41.81 M
N/A
Profit Margin
N/A
N/A
0.19 %
0.03 %
N/A
0.31 %
0.10 %
0.09 %
EBITDA
(1.11 M)
(3.86 M)
1.76 B
85.85 M
379.6 M
795.02 M
25.42 M
47.87 B
Current Valuation
26.4 M
299.15 M
20.13 B
674.38 M
N/A
2.38 B
216.99 M
253.07 B
Price To Book
0.73 X
2.54 X
1.52 X
0.76 X
N/A
1.43 X
7.56 X
0.58 X
Operating Margin
N/A
N/A
0.10 %
0.06 %
N/A
0.41 %
0.42 %
0.20 %
Retained Earnings
(17.43 M)
(114.93 M)
4.08 B
280.62 M
(1.28 B)
763.11 M
(81.12 M)
N/A
Current Asset
N/A
10.7 M
1.06 B
352.87 M
N/A
270 M
N/A
N/A
Five Year Return
N/A
N/A
4.72 %
4.14 %
N/A
N/A
N/A
N/A
Beta
1.55
2.12
0.6
0.88
N/A
1.01
0.73
0.39
Number Of Employees
N/A
13
9.02 K
1.2 K
N/A
1.1 K
N/A
105.4 K
Shares Outstanding
170.01 M
169.09 M
204.33 M
30.53 M
N/A
1.37 B
65.68 M
4.21 B
Cash Flow From Operations
(476.11 K)
(2.54 M)
1.78 B
56.53 M
628.03 M
648.32 M
12.47 M
N/A
Annual Yield
N/A
N/A
0.06 %
0.05 %
0.05 %
0.02 %
N/A
0.07 %
Total Debt
N/A
417.98 K
528 M
8.18 M
621.86 M
86.54 M
10.92 M
N/A
Return On Equity
-0.0148
-0.0268
0.1
0.0834
N/A
0.25
0.4
0.13
Return On Asset
-0.0142
-0.0197
0.0287
0.0465
N/A
0.17
0.16
0.0498
Number Of Shares Shorted
82.75 K
2.51 M
1.44 M
1.11 M
N/A
15.37 K
17.03 K
N/A
Book Value Per Share
0.29 X
0.84 X
19.83 X
11.69 X
N/A
1.04 X
0.32 X
N/A
Current Liabilities
N/A
659.66 K
799 M
153.65 M
N/A
111 M
N/A
N/A
Total Asset
50.45 M
143.92 M
23.16 B
834.4 M
18.37 B
2.42 B
41.81 M
N/A
Debt To Equity
3.12 %
N/A
1.39 %
1.19 %
N/A
9.30 %
N/A
N/A
Short Ratio
0.57 X
17.42 X
2.98 X
76.24 X
N/A
0.27 X
0.39 X
N/A
Target Price
0.75
3.5
34.83
15.45
N/A
2.0
0.8
N/A
Last Dividend Paid
N/A
N/A
1.79
0.41
N/A
0.033
N/A
1.17
Shares Owned By Institutions
N/A
17.87 %
14.90 %
16.33 %
N/A
64.07 %
56.50 %
N/A
Market Capitalization
34 M
331.41 M
6.17 B
396.91 M
N/A
2.8 B
207.56 M
232.69 B
Price To Earning
21.25 X
(50.37) X
29.45 X
20.45 X
N/A
(5.78) X
N/A
N/A
Price To Earnings To Growth
N/A
N/A
3.47 X
N/A
N/A
0.16 X
N/A
0.35 X
Price To Sales
N/A
N/A
1.62 X
0.37 X
N/A
2.85 X
3.24 X
1.73 X
Net Income
(796.85 K)
(3.34 M)
707 M
31.68 M
28.67 M
427.4 M
6.8 M
N/A
Earnings Per Share
N/A
(0.02) X
2.33 X
1.28 X
N/A
0.30 X
0.14 X
N/A
Shares Owned By Insiders
13.26 %
19.21 %
37.97 %
40.14 %
N/A
0.71 %
2.05 %
N/A
Revenue
N/A
N/A
3.8 B
1.08 B
2.7 B
1.43 B
65.95 M
133.97 B
Working Capital
9.64 M
28.89 M
15 M
253.94 M
(618.84 M)
797.03 M
7.06 M
N/A
Cash And Equivalents
846.74 K
1.34 M
911 M
45.89 M
N/A
23.04 M
1.95 M
N/A
Cash Per Share
0.01 X
0.05 X
2.76 X
1.36 X
N/A
0.02 X
0.01 X
N/A
Gross Profit
N/A
N/A
2.73 B
229.93 M
N/A
821.31 M
17.14 M
N/A
Day Typical Price
0.16
1.98
30.16
13.15
22.47
1.94
3.16
17.48
Accumulation Distribution
242163.0
10738.1
6706.17
50.02
23.01
1931.62
616.45
18410.91
Market Facilitation Index
N/A
N/A
N/A
0.0
1.0E-4
N/A
0.0
0.0
Daily Balance Of Power
(1.00)
0.4286
(0.07)
1.142857
(2.75)
(3.33)
0.3125
(0.64)
Period Momentum Indicator
(0.06)
0.03
(0.02)
0.16
(0.55)
(0.10)
0.05
(0.84)
Rate Of Daily Change
0.7
1.02
1.0
1.01
0.98
0.95
1.02
0.95
Day Median Price
0.17
1.98
30.15
13.15
22.5
1.94
3.14
17.7
Price Action Indicator
(0.06)
0.03
0.02
0.09
(0.38)
(0.04)
0.095
(1.08)
Coefficient Of Variation
734.42
868.08
(1,927)
767.65
544.71
426.72
735.29
1443.0
Mean Deviation
3.62
2.43
0.7616
1.17
0.5124
1.63
2.89
0.8665
Jensen Alpha
0.698
0.3776
(0.12)
0.1302
0.1398
0.373
0.6035
0.0464
Total Risk Alpha
0.0679
(0.04)
(0.18)
0.0019
0.0419
0.2216
0.0458
(0.08)
Sortino Ratio
0.1157
0.1245
N/A
0.1089
0.0752
0.2062
0.1159
0.0023
Downside Variance
39.95
8.41
N/A
1.49
0.9291
3.82
19.07
1.22
Standard Deviation
6.0
3.87
0.9494
1.67
0.86
2.08
4.35
1.27
Kurtosis
12.47
6.89
(0.58)
3.73
8.39
0.6847
7.73
9.01
Potential Upside
10.53
9.77
1.28
3.66
1.5
3.85
7.92
1.57
Treynor Ratio
0.5599
0.5603
(0.07)
0.2013
1.38
0.3425
(1.99)
0.1866
Maximum Drawdown
42.86
24.3
3.44
9.53
6.59
10.1
22.99
8.97
Variance
35.96
15.01
0.9013
2.8
0.7395
4.34
18.92
1.61
Market Risk Adjusted Performance
0.5699
0.5703
(0.06)
0.2113
1.39
0.3525
(1.98)
0.1966
Risk Adjusted Performance
0.0923
0.0789
(0.03)
0.086
0.1152
0.1504
0.0918
0.0476
Skewness
2.58
2.0
(0.39)
1.34
1.44
0.0124
(0.86)
1.86
Semi Deviation
2.93
2.46
N/A
0.9832
0.4758
1.54
3.62
0.9534
Information Ratio
0.1219
0.0932
(0.14)
0.0793
0.0843
0.1934
0.1164
0.002
Value At Risk
(6.67)
(4.65)
(1.73)
(1.84)
(0.91)
(2.48)
(3.81)
(1.34)
Expected Short fall
(9.35)
(3.12)
N/A
(1.59)
(0.65)
(2.11)
(3.64)
(0.88)
Downside Deviation
6.32
2.9
N/A
1.22
0.9639
1.95
4.37
1.11
Semi Variance
8.57
6.03
N/A
0.9666
0.2264
2.36
13.11
0.909

Labrador Gold Competition Performance Charts

Five steps to successful analysis of Labrador Gold Competition

Labrador Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Labrador Gold Corp in relation to its competition. Labrador Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Labrador Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Labrador Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Labrador Gold Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Labrador Gold position

In addition to having Labrador Gold 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 Consumption Thematic Idea Now

Consumption
Consumption Theme
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 18 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 Consumption Theme or any other thematic opportunities.
View All  Next Launch
Check out Labrador Gold Correlation with its peers.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Labrador Stock analysis

When running Labrador Gold's price analysis, check to measure Labrador Gold'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 Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Commodity Directory
Find actively traded commodities issued by global exchanges
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Labrador Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Labrador Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Labrador Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY