Alumina Limited Stock Current Asset
| AWCMF Stock | USD 0.92 0.00 0.00% |
Alumina Limited fundamentals help investors to digest information that contributes to Alumina's financial success or failures. It also enables traders to predict the movement of Alumina OTC Stock. The fundamental analysis module provides a way to measure Alumina'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 Alumina otc stock.
Alumina |
Alumina Limited OTC Stock Current Asset Analysis
Alumina's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Alumina Current Asset | 26 M |
Most of Alumina's fundamental indicators, such as Current Asset, 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, Alumina Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
In accordance with the recently published financial statements, Alumina Limited has a Current Asset of 26 M. This is 99.52% lower than that of the Basic Materials sector and 99.84% lower than that of the Aluminum industry. The current asset for all United States stocks is 99.72% higher than that of the company.
Alumina Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alumina's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Alumina could also be used in its relative valuation, which is a method of valuing Alumina by comparing valuation metrics of similar companies.Alumina is currently under evaluation in current asset category among related companies.
Alumina Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | -0.0044 | |||
| Profit Margin | 2,819 % | |||
| Operating Margin | (125.00) % | |||
| Current Valuation | 3.18 B | |||
| Shares Outstanding | 2.9 B | |||
| Shares Owned By Insiders | 19.39 % | |||
| Shares Owned By Institutions | 44.79 % | |||
| Price To Earning | 21.57 X | |||
| Price To Book | 1.69 X | |||
| Price To Sales | 30,455 X | |||
| Revenue | 100 K | |||
| Gross Profit | 100 K | |||
| EBITDA | 518 M | |||
| Net Income | 187.6 M | |||
| Cash And Equivalents | 19.3 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 65 M | |||
| Current Ratio | 12.75 X | |||
| Book Value Per Share | 0.60 X | |||
| Cash Flow From Operations | 175.2 M | |||
| Earnings Per Share | 0.10 X | |||
| Number Of Employees | 20 | |||
| Beta | 1.03 | |||
| Market Capitalization | 3.34 B | |||
| Total Asset | 1.75 B | |||
| Retained Earnings | 540 M | |||
| Working Capital | 22 M | |||
| Current Asset | 26 M | |||
| Current Liabilities | 4 M | |||
| Z Score | 30.6 | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 6.03 % | |||
| Net Asset | 1.75 B | |||
| Last Dividend Paid | 0.07 |
About Alumina Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alumina Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alumina using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alumina Limited 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.
Pair Trading with Alumina
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 Alumina 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 Alumina will appreciate offsetting losses from the drop in the long position's value.Moving together with Alumina OTC Stock
| 0.82 | NHYDY | Norsk Hydro ASA | PairCorr |
| 0.68 | NHYKF | Norsk Hydro ASA | PairCorr |
| 0.82 | ALMMF | Aluminum | PairCorr |
| 0.86 | ACHHY | Aluminum | PairCorr |
| 0.89 | CHHQF | China Hongqiao Group | PairCorr |
The ability to find closely correlated positions to Alumina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alumina 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 Alumina - 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 Alumina Limited to buy it.
The correlation of Alumina 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 Alumina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alumina Limited 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 Alumina 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 Alumina Limited. 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 population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alumina OTC Stock analysis
When running Alumina's price analysis, check to measure Alumina'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 Alumina is operating at the current time. Most of Alumina's value examination focuses on studying past and present price action to predict the probability of Alumina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumina's price. Additionally, you may evaluate how the addition of Alumina to your portfolios can decrease your overall portfolio volatility.
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