Compania Cash and Equivalents vs Investments Analysis
BVN Stock | USD 15.59 0.17 1.08% |
Compania financial indicator trend analysis is way more than just evaluating Compania de Minas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compania de Minas is a good investment. Please check the relationship between Compania Cash And Equivalents and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania de Minas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Cash And Equivalents vs Investments
Cash and Equivalents vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compania de Minas Cash and Equivalents account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Compania's Cash and Equivalents and Investments is -0.11. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Investments in the same time period over historical financial statements of Compania de Minas, assuming nothing else is changed. The correlation between historical values of Compania's Cash and Equivalents and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash and Equivalents of Compania de Minas are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Cash and Equivalents i.e., Compania's Cash and Equivalents and Investments go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Equivalents
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from Compania's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compania de Minas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compania de Minas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Compania's Selling General Administrative is very stable compared to the past year. As of the 18th of April 2024, Discontinued Operations is likely to grow to about 577.8 M, while Enterprise Value Over EBITDA is likely to drop 25.42.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 900.5M | 824.8M | 817.8M | 786.5M | Interest Expense | 60.6M | 54.1M | 41.8M | 39.7M |
Compania fundamental ratios Correlations
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Compania Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compania fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.0B | 4.6B | 4.5B | 4.5B | 2.9B | |
Other Current Liab | 265.7M | 43.5M | 451.2M | 131.6M | 169.0M | 177.4M | |
Total Current Liabilities | 565.4M | 360.4M | 844.9M | 379.6M | 441.6M | 308.2M | |
Total Stockholder Equity | 2.8B | 2.6B | 2.4B | 3.0B | 3.0B | 2.1B | |
Property Plant And Equipment Net | 1.8B | 1.7B | 1.5B | 1.5B | 1.6B | 914.1M | |
Net Debt | (155.0M) | 336.9M | 551.6M | 449.5M | 486.8M | 511.1M | |
Retained Earnings | 1.6B | 1.5B | 1.2B | 1.8B | 1.8B | 1.2B | |
Accounts Payable | 166.2M | 180.0M | 259.6M | 248.0M | 232.1M | 128.3M | |
Cash | 210.0M | 235.4M | 377.0M | 253.9M | 219.8M | 230.4M | |
Non Current Assets Total | 3.5B | 3.4B | 3.8B | 3.9B | 4.0B | 2.4B | |
Non Currrent Assets Other | 121.0M | 156.5M | 677.4M | 700.8M | 49.9M | 47.4M | |
Cash And Short Term Investments | 210.0M | 235.4M | 377.0M | 253.9M | 219.8M | 241.8M | |
Net Receivables | 319.6M | 250.7M | 255.9M | 249.9M | 248.7M | 188.0M | |
Liabilities And Stockholders Equity | 4.1B | 4.0B | 4.6B | 4.5B | 4.5B | 2.9B | |
Non Current Liabilities Total | 573.7M | 819.3M | 1.2B | 960.7M | 923.0M | 969.1M | |
Inventory | 98.0M | 77.3M | 86.3M | 88.3M | 83.3M | 78.4M | |
Other Current Assets | 21.0M | 25.7M | 20.4M | 28.2M | 26.0M | 21.0M | |
Total Liab | 1.1B | 1.2B | 2.0B | 1.3B | 1.4B | 732.6M | |
Total Current Assets | 648.6M | 589.2M | 739.5M | 620.4M | 577.8M | 531.6M | |
Accumulated Other Comprehensive Income | 162.1M | 153.9M | 159.1M | 197.4M | 195.2M | 204.9M | |
Intangible Assets | 20.5M | 20.9M | 20.4M | 19.7M | 17.7M | 31.3M | |
Other Liab | 267.7M | 312.8M | 299.8M | 257.2M | 295.8M | 193.1M | |
Long Term Debt | 306.0M | 506.6M | 896.3M | 703.5M | 809.0M | 849.4M | |
Property Plant Equipment | 1.8B | 1.7B | 1.5B | 1.5B | 1.8B | 1.1B | |
Other Assets | 189.4M | 224.8M | 836.9M | 153.0M | 176.0M | 198.8M | |
Property Plant And Equipment Gross | 1.8B | 1.7B | 3.9B | 4.0B | 4.6B | 4.8B | |
Net Tangible Assets | 2.7B | 2.6B | 2.3B | 3.0B | 2.7B | 2.3B | |
Long Term Investments | 1.5B | 1.5B | 1.4B | 1.5B | 1.4B | 1.4B | |
Short Long Term Debt | 46.2M | 320.7M | 90.9M | 50M | 45M | 42.8M |
Pair Trading with Compania
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 Compania 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 Compania will appreciate offsetting losses from the drop in the long position's value.Moving against Compania Stock
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The ability to find closely correlated positions to Compania could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compania 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 Compania - 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 Compania de Minas to buy it.
The correlation of Compania 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 Compania moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compania de Minas 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 Compania 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 Compania de Minas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Compania's price analysis, check to measure Compania'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 Compania is operating at the current time. Most of Compania's value examination focuses on studying past and present price action to predict the probability of Compania's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compania's price. Additionally, you may evaluate how the addition of Compania to your portfolios can decrease your overall portfolio volatility.
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Is Compania's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Compania. If investors know Compania will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Compania listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Dividend Share 0.073 | Earnings Share 2.21 | Revenue Per Share 3.244 | Quarterly Revenue Growth 0.03 |
The market value of Compania de Minas is measured differently than its book value, which is the value of Compania that is recorded on the company's balance sheet. Investors also form their own opinion of Compania's value that differs from its market value or its book value, called intrinsic value, which is Compania's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Compania's market value can be influenced by many factors that don't directly affect Compania's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Compania's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compania is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compania'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.