Talisman Mining Price To Book vs. Market Capitalization
| TLM Stock | 0.26 0.01 4.00% |
For Talisman Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Talisman Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Talisman Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Talisman Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Talisman Mining over time as well as its relative position and ranking within its peers.
Talisman |
Talisman Mining Market Capitalization vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Talisman Mining's current stock value. Our valuation model uses many indicators to compare Talisman Mining value to that of its competitors to determine the firm's financial worth. Talisman Mining is rated second in price to book category among its peers. It also is rated second in market capitalization category among its peers creating about 9,469,288 of Market Capitalization per Price To Book. 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 Talisman Mining's earnings, one of the primary drivers of an investment's value.Talisman Market Capitalization vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Talisman Mining |
| = | 5.07 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Talisman Mining |
| = | 48.02 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Talisman Market Capitalization vs Competition
Talisman Mining is rated second in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 585.57 Million. Talisman Mining holds roughly 48.02 Million in market capitalization claiming about 8% of all equities under Materials industry.
Talisman Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Talisman Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Talisman Mining will eventually generate negative long term returns. The profitability progress is the general direction of Talisman Mining's change in net profit over the period of time. It can combine multiple indicators of Talisman 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 298.8 K | 283.9 K | |
| Operating Income | -6.8 M | -6.5 M | |
| Income Before Tax | 59.4 K | 62.4 K | |
| Total Other Income Expense Net | 8.8 M | 9.2 M | |
| Net Income | 75.9 K | 72.1 K | |
| Income Tax Expense | 8.5 M | 8.9 M | |
| Net Income Applicable To Common Shares | 59.4 K | 56.4 K | |
| Net Income From Continuing Ops | 75.9 K | 79.7 K | |
| Net Interest Income | 225 K | 163.8 K | |
| Interest Income | 7.2 K | 6.8 K | |
| Change To Netincome | 221.4 K | 232.5 K |
Talisman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Talisman 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 Talisman 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 Talisman Mining's important profitability drivers and their relationship over time.
Use Talisman 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 Talisman 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 Talisman Mining will appreciate offsetting losses from the drop in the long position's value.Talisman Mining Pair Trading
Talisman Mining Pair Trading Analysis
The ability to find closely correlated positions to Talisman 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 Talisman 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 Talisman 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 Talisman Mining to buy it.
The correlation of Talisman 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 Talisman Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talisman Mining 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 Talisman 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 Talisman Mining position
In addition to having Talisman 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?
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Additional Tools for Talisman Stock Analysis
When running Talisman Mining's price analysis, check to measure Talisman 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 Talisman Mining is operating at the current time. Most of Talisman Mining's value examination focuses on studying past and present price action to predict the probability of Talisman 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 Talisman Mining's price. Additionally, you may evaluate how the addition of Talisman Mining to your portfolios can decrease your overall portfolio volatility.