Filo Mining EBITDA vs. Return On Asset
| FIL Stock | SEK 183.00 0.80 0.44% |
For Filo Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Filo Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Filo Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Filo Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Filo Mining Corp over time as well as its relative position and ranking within its peers.
Filo |
Filo Mining Corp Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Filo Mining's current stock value. Our valuation model uses many indicators to compare Filo Mining value to that of its competitors to determine the firm's financial worth. Filo Mining Corp is rated below average in ebitda category among its peers. It also is rated below average in return on asset category among its peers . 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 Filo Mining's earnings, one of the primary drivers of an investment's value.Filo Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Filo Mining |
| = | (32.42 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Filo Mining |
| = | -0.72 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Filo Return On Asset Comparison
Filo Mining is rated below average in return on asset category among its peers.
Filo Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Filo Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Filo Mining will eventually generate negative long term returns. The profitability progress is the general direction of Filo Mining's change in net profit over the period of time. It can combine multiple indicators of Filo Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Filo Mining operates under Other Industrial Metals Mining classification in Sweden and is traded on Stockholm Stock Exchange.
Filo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Filo Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Filo Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Filo Mining's important profitability drivers and their relationship over time.
Use Filo Mining in pair-trading
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 Filo 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 Filo Mining will appreciate offsetting losses from the drop in the long position's value.Filo Mining Pair Trading
Filo Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Filo 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 Filo 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 Filo 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 Filo Mining Corp to buy it.
The correlation of Filo 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 Filo Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Filo 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 Filo 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.Use Investing Themes to Complement your Filo Mining position
In addition to having Filo Mining 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 Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 126 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 Latest Gainers Theme or any other thematic opportunities.
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Additional Tools for Filo Stock Analysis
When running Filo Mining's price analysis, check to measure Filo 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 Filo Mining is operating at the current time. Most of Filo Mining's value examination focuses on studying past and present price action to predict the probability of Filo 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 Filo Mining's price. Additionally, you may evaluate how the addition of Filo Mining to your portfolios can decrease your overall portfolio volatility.