Agf Management Limited Stock Cash And Equivalents
| AGFMF Stock | USD 5.76 0.16 2.70% |
AGF Management Limited fundamentals help investors to digest information that contributes to AGF Management's financial success or failures. It also enables traders to predict the movement of AGF Pink Sheet. The fundamental analysis module provides a way to measure AGF Management'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 AGF Management pink sheet.
AGF |
AGF Management Limited Company Cash And Equivalents Analysis
AGF Management's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current AGF Management Cash And Equivalents | 76.63 M |
Most of AGF Management's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AGF Management Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, AGF Management Limited has 76.63 M in Cash And Equivalents. This is 99.77% lower than that of the Capital Markets sector and 98.76% lower than that of the Financials industry. The cash and equivalents for all United States stocks is 97.16% higher than that of the company.
AGF Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AGF Management's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of AGF Management could also be used in its relative valuation, which is a method of valuing AGF Management by comparing valuation metrics of similar companies.AGF Management is currently under evaluation in cash and equivalents category among related companies.
AGF Fundamentals
| Return On Equity | 0.0647 | |||
| Return On Asset | 0.0412 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 329.95 M | |||
| Shares Outstanding | 64.55 M | |||
| Shares Owned By Insiders | 0.03 % | |||
| Shares Owned By Institutions | 11.10 % | |||
| Price To Earning | 2.77 X | |||
| Price To Book | 0.43 X | |||
| Price To Sales | 0.68 X | |||
| Revenue | 445.44 M | |||
| Gross Profit | 431.64 M | |||
| EBITDA | 101.6 M | |||
| Net Income | 66.65 M | |||
| Cash And Equivalents | 76.63 M | |||
| Cash Per Share | 1.14 X | |||
| Total Debt | 21.59 M | |||
| Debt To Equity | 0.08 % | |||
| Current Ratio | 1.75 X | |||
| Book Value Per Share | 15.99 X | |||
| Cash Flow From Operations | 64.6 M | |||
| Earnings Per Share | 0.71 X | |||
| Price To Earnings To Growth | 0.41 X | |||
| Number Of Employees | 634 | |||
| Beta | 1.77 | |||
| Market Capitalization | 443.44 M | |||
| Total Asset | 1.37 B | |||
| Z Score | 12.0 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 5.43 % | |||
| Net Asset | 1.37 B | |||
| Last Dividend Paid | 0.4 |
About AGF Management Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AGF Management Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AGF Management using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AGF Management Limited 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 AGF Management
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 AGF Management 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 AGF Management will appreciate offsetting losses from the drop in the long position's value.Moving against AGF Pink Sheet
| 0.52 | LCID | Lucid Group Earnings Call This Week | PairCorr |
| 0.51 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
| 0.41 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to AGF Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF Management 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 AGF Management - 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 AGF Management Limited to buy it.
The correlation of AGF Management 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 AGF Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF Management 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 AGF Management 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGF Management Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for AGF Pink Sheet analysis
When running AGF Management's price analysis, check to measure AGF Management'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 AGF Management is operating at the current time. Most of AGF Management's value examination focuses on studying past and present price action to predict the probability of AGF Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGF Management's price. Additionally, you may evaluate how the addition of AGF Management to your portfolios can decrease your overall portfolio volatility.
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