Comstock Story

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LODE -- USA Stock  

USD 4.88  0.40  7.58%

Comstock Mining Average Equity is projected to increase significantly based on the last few years of reporting. The past year's Average Equity was at 13.99 Million. The current year Enterprise Value is expected to grow to about 16.5 M, whereas Earnings before Tax are forecasted to decline to (4.7 M). The essential objective of this story is to break down our current position on Comstock for shareholders considering to short it. We will discuss why Comstock Mining shareholders may still consider a stake in the business.
Published over a week ago
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Are Comstock (NYSEMKT:LODE) shareholders starting to hold back?
Comstock Mining has a beta of 2.0361. Let's try to break down what Comstock's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Comstock Mining will likely underperform. The beta indicator helps investors understand whether Comstock Mining moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Comstock deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Comstock Mining. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Comstock Mining

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Comstock Mining's stock 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. Please use the tools below to analyze the current value of Comstock Mining in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Comstock Mining. Your research has to be compared to or analyzed against Comstock Mining's peers to derive any actionable benefits. When done correctly, Comstock Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Comstock Mining.

How important is Comstock Mining's Liquidity

Comstock Mining financial leverage refers to using borrowed capital as a funding source to finance Comstock Mining ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Comstock Mining financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Comstock Mining's total debt and its cash.

How Comstock utilizes its cash?

To perform a cash flow analysis of Comstock Mining, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Comstock Mining is receiving and how much cash it distributes out in a given period. The Comstock Mining cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Comstock Mining Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (2.65 Million)

Detailed Perspective On Comstock Mining

Comstock Mining is displaying above-average volatility over the selected time horizon. Investors should scrutinize Comstock Mining independently to ensure intended market timing strategies are aligned with expectations about Comstock Mining volatility.

Margin Breakdown

EBITDA Margin(5.99)
Gross Margin(7.34)
Profit Margin(20.57)

Our perspective of the latest Comstock Mining surge

Downside deviation is down to 9.0. It may indicate a possible volatility dip. As of the 20th of February, Comstock Mining shows the Risk Adjusted Performance of 0.1317, mean deviation of 10.27, and Downside Deviation of 9.0. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Comstock Mining, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Comstock Mining, which can be compared to its rivals. Please confirm Comstock Mining maximum drawdown, and the relationship between the information ratio and downside variance to decide if Comstock Mining is priced correctly, providing market reflects its regular price of 5.67 per share. Given that Comstock Mining has jensen alpha of 4.17, we suggest you to validate Comstock Mining's prevailing market performance to make sure the company can sustain itself at a future point.

Although some other companies under the real estate services industry are still a bit expensive, Comstock Mining may offer a potential longer-term growth to shareholders. To sum up, as of the 20th of February 2021, we see that Comstock Mining hyperactively responds to market trends. The firm is overvalued with below average probability of distress within the next 24 months. Our primary 30 days advice on the firm is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Comstock Mining. Please refer to our Terms of Use for any information regarding our disclosure principles.

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