Aluminum Stock Target Price

Summary

ACHHYDelisted Stock

USD 12.55 0.00 0.00%

Aluminum fundamentals help investors to digest information that contributes to Aluminum's financial success or failures. It also enables traders to predict the movement of Aluminum Pink Sheet. The fundamental analysis module provides a way to measure Aluminum's 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 Aluminum pink sheet.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Aluminum Target Price Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aluminum's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Aluminum could also be used in its relative valuation, which is a method of valuing Aluminum by comparing valuation metrics of similar companies.

Aluminum is currently under evaluation in target price category among related companies.

Aluminum Fundamentals

	Return On Equity	0.0845
	Return On Asset	0.0535
	Profit Margin	0.02 %
	Operating Margin	0.06 %
	Current Valuation	19.11 B
	Shares Outstanding	686.46 M
	Number Of Shares Shorted	191.33 K
	Price To Earning	6.83 X
	Price To Book	0.87 X
	Price To Sales	0.04 X
	Revenue	269.75 B
	Gross Profit	27.6 B
	EBITDA	22.62 B
	Net Income	5.08 B
	Cash And Equivalents	28.01 B
	Cash Per Share	40.87 X
	Total Debt	52.49 B
	Debt To Equity	1.02 %
	Current Ratio	1.09 X
	Book Value Per Share	91.53 X
	Cash Flow From Operations	28.31 B
	Short Ratio	2.16 X
	Earnings Per Share	1.25 X
	Number Of Employees	60.06 K
	Beta	2.33
	Market Capitalization	11.65 B
	Total Asset	192.38 B
	Z Score	1.0
	Annual Yield	0.01 %
	Net Asset	192.38 B
	Last Dividend Paid	0.032

About Aluminum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aluminum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aluminum 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.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aluminum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aluminum's short interest history, or implied volatility extrapolated from Aluminum options trading.

Pair Trading with Aluminum

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 Aluminum 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 Aluminum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aluminum Pink Sheet

0.87	NHYDY	Norsk Hydro ASA	Pair Corr
0.65	NHYKF	Norsk Hydro ASA	Pair Corr
0.83	ALMMF	Aluminumof China	Pair Corr
0.75	CHHQF	China Hongqiao Group	Pair Corr

Moving against Aluminum Pink Sheet

0.78	SRBBF	VPN Technologies	Pair Corr
0.71	IRNRF	Iron Road Limited	Pair Corr
0.59	GSTX	Graphene Solar Techn	Pair Corr

The ability to find closely correlated positions to Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aluminum 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 Aluminum - 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 Aluminum to buy it.

The correlation of Aluminum 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 Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aluminum 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 Aluminum 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.

Pair Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the Aluminum information on this page should be used as a complementary analysis to other Aluminum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Aluminum Pink Sheet

If you are still planning to invest in Aluminum 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 Aluminum's history and understand the potential risks before investing.

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