Epower Metals Stock Fundamentals
EPower Metals fundamentals help investors to digest information that contributes to EPower Metals' financial success or failures. It also enables traders to predict the movement of EPower Pink Sheet. The fundamental analysis module provides a way to measure EPower Metals' 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 EPower Metals pink sheet.
EPower |
EPower Metals Company Price To Earning Analysis
EPower Metals' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current EPower Metals Price To Earning | (27.59) X |
Most of EPower Metals' fundamental indicators, such as Price To Earning, 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, EPower Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, EPower Metals has a Price To Earning of -27.59 times. This is 126.33% lower than that of the Basic Materials sector and notably lower than that of the Industrial Metals & Minerals industry. The price to earning for all United States stocks is 196.07% higher than that of the company.
EPower Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EPower Metals's current stock value. Our valuation model uses many indicators to compare EPower Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EPower Metals competition to find correlations between indicators driving EPower Metals's intrinsic value. More Info.EPower Metals is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value EPower Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EPower Metals' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 EPower Metals' earnings, one of the primary drivers of an investment's value.EPower Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EPower Metals' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of EPower Metals could also be used in its relative valuation, which is a method of valuing EPower Metals by comparing valuation metrics of similar companies.EPower Metals is currently under evaluation in price to earning category among related companies.
EPower Fundamentals
| Return On Equity | -54.46 | |||
| Return On Asset | -30.1 | |||
| Current Valuation | 3.23 M | |||
| Shares Outstanding | 33.87 M | |||
| Price To Earning | (27.59) X | |||
| Price To Book | 0.94 X | |||
| Gross Profit | (181.26 K) | |||
| EBITDA | (1.06 M) | |||
| Net Income | (1.15 M) | |||
| Cash And Equivalents | 884.98 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 13.52 K | |||
| Debt To Equity | 0.30 % | |||
| Current Ratio | 17.04 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (453.37 K) | |||
| Earnings Per Share | (0.06) X | |||
| Beta | 2.12 | |||
| Market Capitalization | 4.17 M |
Pair Trading with EPower Metals
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 EPower 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 EPower Metals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Empire Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Petroleum 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 Empire Petroleum - 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 Empire Petroleum Corp to buy it.
The correlation of Empire Petroleum 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 Empire Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Petroleum 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 Empire Petroleum 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in EPower Pink Sheet
If you are still planning to invest in EPower Metals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EPower Metals' history and understand the potential risks before investing.
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