Torr Metals Stock Earnings Per Share
| TMET Stock | 0.14 0.03 27.27% |
Torr Metals fundamentals help investors to digest information that contributes to Torr Metals' financial success or failures. It also enables traders to predict the movement of Torr Stock. The fundamental analysis module provides a way to measure Torr Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Torr Metals stock.
Torr | Earnings Per Share |
Torr Metals Company Earnings Per Share Analysis
Torr Metals' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Torr Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Torr Metals is extremely important. It helps to project a fair market value of Torr Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Torr Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Torr Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Torr Metals' interrelated accounts and indicators.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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Torr Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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According to the company disclosure, Torr Metals has an Earnings Per Share of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The earnings per share for all Canada stocks is 100.0% higher than that of the company.
Torr Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Torr Metals' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Torr Metals could also be used in its relative valuation, which is a method of valuing Torr Metals by comparing valuation metrics of similar companies.Torr Metals is currently under evaluation in earnings per share category among its peers.
Torr Fundamentals
| Return On Equity | 0.0089 | |||
| Return On Asset | -0.0295 | |||
| Current Valuation | 4.26 M | |||
| Shares Outstanding | 35.93 M | |||
| Shares Owned By Insiders | 25.56 % | |||
| Shares Owned By Institutions | 8.43 % | |||
| Number Of Shares Shorted | 3.56 K | |||
| Price To Book | 0.20 X | |||
| EBITDA | (511.95 K) | |||
| Net Income | (105.92 K) | |||
| Total Debt | 421.17 K | |||
| Book Value Per Share | 0.24 X | |||
| Cash Flow From Operations | (477.54 K) | |||
| Short Ratio | 0.03 X | |||
| Beta | -0.44 | |||
| Market Capitalization | 5.03 M | |||
| Total Asset | 9.08 M | |||
| Retained Earnings | (1.05 M) | |||
| Working Capital | 1.86 M | |||
| Net Asset | 9.08 M |
About Torr Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Torr Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Torr Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Torr Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Torr Metals
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 Torr 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 Torr Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Torr Stock
Moving against Torr Stock
The ability to find closely correlated positions to Torr 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 Torr 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 Torr 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 Torr Metals to buy it.
The correlation of Torr 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 Torr Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Torr Metals 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 Torr 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.Additional Tools for Torr Stock Analysis
When running Torr Metals' price analysis, check to measure Torr Metals' 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 Torr Metals is operating at the current time. Most of Torr Metals' value examination focuses on studying past and present price action to predict the probability of Torr Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torr Metals' price. Additionally, you may evaluate how the addition of Torr Metals to your portfolios can decrease your overall portfolio volatility.