Hammer Metals Return On Asset vs. Gross Profit
| HMRRFDelisted Stock | USD 0.04 0.00 0.00% |
For Hammer Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hammer Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hammer Metals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hammer Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hammer Metals Limited over time as well as its relative position and ranking within its peers.
Hammer |
Hammer Metals Limited Gross Profit vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hammer Metals's current stock value. Our valuation model uses many indicators to compare Hammer Metals value to that of its competitors to determine the firm's financial worth. Hammer Metals Limited is rated # 3 in return on asset category among related companies. It is rated # 3 in gross profit category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hammer Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hammer Metals' OTC Stock. 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 Hammer Metals' earnings, one of the primary drivers of an investment's value.Hammer Gross Profit vs. Return On Asset
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.
Hammer Metals |
| = | -0.019 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Hammer Metals |
| = | 214.86 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Hammer Gross Profit Comparison
Hammer Metals is currently under evaluation in gross profit category among related companies.
Hammer Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hammer Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hammer Metals will eventually generate negative long term returns. The profitability progress is the general direction of Hammer Metals' change in net profit over the period of time. It can combine multiple indicators of Hammer Metals, 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.
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. Hammer Metals Limited is headquartered in West Perth, Australia. Hammer Metal is traded on OTC Exchange in the United States.
Hammer Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hammer Metals. 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 Hammer Metals 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 Hammer Metals' important profitability drivers and their relationship over time.
Use Hammer Metals 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 Hammer 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 Hammer Metals will appreciate offsetting losses from the drop in the long position's value.Hammer Metals Pair Trading
Hammer Metals Limited Pair Trading Analysis
The ability to find closely correlated positions to Hammer Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hammer Metals 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 Hammer Metals - 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 Hammer Metals Limited to buy it.
The correlation of Hammer Metals 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 Hammer Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hammer Metals Limited 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 Hammer Metals 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 Hammer Metals position
In addition to having Hammer Metals 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?
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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 Tech Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Hammer OTC Stock
If you are still planning to invest in Hammer Metals Limited 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 Hammer Metals' history and understand the potential risks before investing.
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