Alumina Financial Statements From 2010 to 2024

AWCMF Stock  USD 0.84  0.05  6.33%   
Alumina financial statements provide useful quarterly and yearly information to potential Alumina Limited investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Alumina financial statements helps investors assess Alumina's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Alumina's valuation are summarized below:
Alumina Limited does not presently have any fundamental signals for analysis.
Check Alumina financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alumina main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Alumina financial statements analysis is a perfect complement when working with Alumina Valuation or Volatility modules.
  
This module can also supplement various Alumina Technical models . Check out the analysis of Alumina Correlation against competitors.

Alumina Return On Equity Analysis

Alumina's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Alumina Return On Equity

    
  0.16  
Most of Alumina's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Alumina Limited has a Return On Equity of 0.1613. This is 82.27% lower than that of the Basic Materials sector and 96.38% lower than that of the Aluminum industry. The return on equity for all United States stocks is 152.03% lower than that of the firm.

Alumina Limited Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alumina's current stock value. Our valuation model uses many indicators to compare Alumina value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alumina competition to find correlations between indicators driving Alumina's intrinsic value. More Info.
Alumina Limited is rated below average in ebitda category among related companies. It is rated third in shares owned by institutions category among related companies . The ratio of EBITDA to Shares Owned By Institutions for Alumina Limited is about  11,565,081 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alumina by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alumina's OTC Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Alumina's earnings, one of the primary drivers of an investment's value.

About Alumina Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alumina income statement, its balance sheet, and the statement of cash flows. Alumina investors use historical funamental indicators, such as Alumina's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alumina investors may use each financial statement separately, they are all related. The changes in Alumina's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alumina's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alumina Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alumina. Please read more on our technical analysis and fundamental analysis pages.
Alumina Limited, through its 40 percent interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia. ALUMINA operates under Aluminum classification in the United States and is traded on OTC Exchange.
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 Alumina 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, Alumina's short interest history, or implied volatility extrapolated from Alumina options trading.

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

  0.77NHYDY Norsk Hydro ASAPairCorr
  0.66ALMMF AluminumPairCorr
  0.89ACHHY AluminumPairCorr

Moving against Alumina OTC Stock

  0.92BA Boeing Fiscal Quarter End 31st of March 2024 PairCorr
  0.75INTC Intel Aggressive PushPairCorr
  0.71NHYKF Norsk Hydro ASAPairCorr
  0.49MCD McDonalds Fiscal Quarter End 31st of March 2024 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.
Pair CorrelationCorrelation Matching
Check out the analysis of Alumina Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Please note, there is a significant difference between Alumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alumina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.