Altius Minerals Return On Equity vs. Shares Owned By Insiders
| ALS Stock | CAD 22.42 0.98 4.57% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.01951396 | Current Value 0.0205 | Quarterly Volatility 0.13977484 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.59 | 0.5674 |
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For Altius Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altius Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altius Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altius Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altius Minerals over time as well as its relative position and ranking within its peers.
Altius |
Altius Minerals Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altius Minerals's current stock value. Our valuation model uses many indicators to compare Altius Minerals value to that of its competitors to determine the firm's financial worth. Altius Minerals is number one stock in return on equity category among related companies. It is number one stock in shares owned by insiders category among related companies making about 1,141 of Shares Owned By Insiders per Return On Equity. At this time, Altius Minerals' Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Altius Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altius Minerals' 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 Altius Minerals' earnings, one of the primary drivers of an investment's value.Altius Shares Owned By Insiders vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Altius Minerals |
| = | 0.0166 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Altius Minerals |
| = | 18.94 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Altius Shares Owned By Insiders Comparison
Altius Minerals is currently under evaluation in shares owned by insiders category among related companies.
Altius Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altius Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altius Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Altius Minerals' change in net profit over the period of time. It can combine multiple indicators of Altius Minerals, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 118.3 M | 124.2 M | |
| Operating Income | 31.1 M | 32.7 M | |
| Income Before Tax | 15.3 M | 16.1 M | |
| Total Other Income Expense Net | -6.6 M | -6.2 M | |
| Net Income | 9.5 M | 10 M | |
| Income Tax Expense | 14.2 M | 14.9 M | |
| Net Income From Continuing Ops | 10.1 M | 10.6 M | |
| Net Income Applicable To Common Shares | 43.1 M | 45.3 M | |
| Interest Income | 7.2 M | 11.3 M | |
| Net Interest Income | -9.3 M | -8.8 M | |
| Change To Netincome | 9.6 M | 8.9 M | |
| Net Income Per Share | 0.20 | 0.22 | |
| Income Quality | 3.83 | 4.02 | |
| Net Income Per E B T | 0.56 | 0.71 |
Altius Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altius Minerals. 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 Altius Minerals 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 Altius Minerals' important profitability drivers and their relationship over time.
Use Altius Minerals 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 Altius Minerals 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 Altius Minerals will appreciate offsetting losses from the drop in the long position's value.Altius Minerals Pair Trading
Altius Minerals Pair Trading Analysis
The ability to find closely correlated positions to Altius Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altius Minerals 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 Altius Minerals - 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 Altius Minerals to buy it.
The correlation of Altius Minerals 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 Altius Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altius Minerals 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 Altius Minerals 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 Altius Minerals position
In addition to having Altius Minerals 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 Gold ETFs Theme or any other thematic opportunities.
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When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
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To fully project Altius Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altius Minerals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Altius Minerals' income statement, its balance sheet, and the statement of cash flows.