Arena Minerals Stock Cash And Equivalents
| AMRZFDelisted Stock | USD 0.45 0.00 0.00% |
Arena Minerals fundamentals help investors to digest information that contributes to Arena Minerals' financial success or failures. It also enables traders to predict the movement of Arena OTC Stock. The fundamental analysis module provides a way to measure Arena Minerals' 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 Arena Minerals otc stock.
Arena |
Arena Minerals OTC Stock Cash And Equivalents Analysis
Arena Minerals' 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 Arena Minerals Cash And Equivalents | 6.78 M |
Most of Arena Minerals' 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, Arena Minerals 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).
CompetitionIn accordance with the recently published financial statements, Arena Minerals has 6.78 M in Cash And Equivalents. This is 98.62% lower than that of the Metals & Mining sector and 99.01% lower than that of the Materials industry. The cash and equivalents for all United States stocks is 99.75% higher than that of the company.
Arena Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arena Minerals' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Arena Minerals could also be used in its relative valuation, which is a method of valuing Arena Minerals by comparing valuation metrics of similar companies.Arena Minerals is currently under evaluation in cash and equivalents category among related companies.
Arena Fundamentals
| Return On Equity | -0.41 | |||
| Return On Asset | -0.1 | |||
| Current Valuation | 150.5 M | |||
| Shares Outstanding | 404.46 M | |||
| Shares Owned By Insiders | 40.17 % | |||
| Shares Owned By Institutions | 7.45 % | |||
| Price To Earning | 95.80 X | |||
| Price To Book | 9.47 X | |||
| EBITDA | (6.92 M) | |||
| Net Income | (5.53 M) | |||
| Cash And Equivalents | 6.78 M | |||
| Cash Per Share | 0.02 X | |||
| Current Ratio | 14.18 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (3.4 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 2.85 | |||
| Market Capitalization | 210.32 M | |||
| Total Asset | 29.2 M | |||
| Net Asset | 29.2 M |
About Arena Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arena Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arena Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arena Minerals based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Arena Minerals 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, Arena Minerals' short interest history, or implied volatility extrapolated from Arena Minerals options trading.
Pair Trading with Arena Minerals
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 Arena 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 Arena Minerals will appreciate offsetting losses from the drop in the long position's value.Moving against Arena OTC Stock
| 0.7 | GCMGW | GCM Grosvenor | PairCorr |
| 0.61 | CHKEL | Chesapeake Energy | PairCorr |
| 0.59 | CHKEZ | Chesapeake Energy | PairCorr |
| 0.53 | CHKEW | Chesapeake Energy | PairCorr |
| 0.51 | PTITF | PT Indosat Tbk | PairCorr |
The ability to find closely correlated positions to Arena 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 Arena 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 Arena 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 Arena Minerals to buy it.
The correlation of Arena 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 Arena Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena 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 Arena 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Arena Minerals information on this page should be used as a complementary analysis to other Arena Minerals' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Arena OTC Stock
If you are still planning to invest in Arena Minerals 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 Arena Minerals' history and understand the potential risks before investing.
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