Agricultural Bank Stock Shares Outstanding
ACGBF Stock | USD 0.40 0.00 0.00% |
Agricultural Bank fundamentals help investors to digest information that contributes to Agricultural Bank's financial success or failures. It also enables traders to predict the movement of Agricultural Pink Sheet. The fundamental analysis module provides a way to measure Agricultural Bank'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 Agricultural Bank pink sheet.
Agricultural |
Agricultural Shares Outstanding Analysis
Agricultural Bank's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Agricultural Bank Shares Outstanding | 30.74 B |
Most of Agricultural Bank's fundamental indicators, such as Shares Outstanding, 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, Agricultural Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition |
Based on the latest financial disclosure, Agricultural Bank has 30.74 B of shares currently outstending. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.
Agricultural Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agricultural Bank's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Agricultural Bank could also be used in its relative valuation, which is a method of valuing Agricultural Bank by comparing valuation metrics of similar companies.Agricultural Bank is currently under evaluation in shares outstanding category among related companies.
Agricultural Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.008 | |||
Profit Margin | 0.44 % | |||
Operating Margin | 0.52 % | |||
Current Valuation | 469.47 B | |||
Shares Outstanding | 30.74 B | |||
Shares Owned By Insiders | 4.29 % | |||
Shares Owned By Institutions | 27.31 % | |||
Price To Earning | 3.19 X | |||
Price To Book | 0.30 X | |||
Price To Sales | 0.26 X | |||
Revenue | 719.51 B | |||
Gross Profit | 555.86 B | |||
Net Income | 241.18 B | |||
Cash And Equivalents | 2.8 T | |||
Cash Per Share | 8.00 X | |||
Total Debt | 3.12 T | |||
Book Value Per Share | 7.27 X | |||
Cash Flow From Operations | (1.47 T) | |||
Earnings Per Share | 0.10 X | |||
Price To Earnings To Growth | 0.46 X | |||
Number Of Employees | 455.17 K | |||
Beta | 0.45 | |||
Market Capitalization | 152.22 B | |||
Total Asset | 29.07 T | |||
Retained Earnings | 782.15 B | |||
Working Capital | (11.76 T) | |||
Current Asset | 4.28 T | |||
Current Liabilities | 16.04 T | |||
Annual Yield | 0.09 % | |||
Five Year Return | 6.78 % | |||
Net Asset | 29.07 T | |||
Last Dividend Paid | 0.21 |
About Agricultural Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agricultural Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agricultural Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agricultural Bank 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.Agricultural Bank of China Limited provides corporate and retail banking products and services. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the Peoples Republic of China. Agricultural Bank operates under BanksDiversified classification in the United States and is traded on OTC Exchange. It employs 450299 people.
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 Agricultural Bank 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, Agricultural Bank's short interest history, or implied volatility extrapolated from Agricultural Bank options trading.
Pair Trading with Agricultural Bank
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 Agricultural Bank 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 Agricultural Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Agricultural Pink Sheet
0.75 | JPM | JPMorgan Chase Fiscal Quarter End 31st of March 2024 | PairCorr |
0.9 | BML-PG | Bank Of America | PairCorr |
Moving against Agricultural Pink Sheet
0.71 | PTAIY | Astra International Tbk | PairCorr |
0.69 | EC | Ecopetrol SA ADR Report 3rd of April 2024 | PairCorr |
0.51 | PTAIF | PT Astra International | PairCorr |
The ability to find closely correlated positions to Agricultural Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agricultural Bank 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 Agricultural Bank - 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 Agricultural Bank to buy it.
The correlation of Agricultural Bank is a statistical measure of how it moves in relation to other equities. 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 Agricultural Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agricultural Bank 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 Agricultural Bank 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 Agricultural Bank Piotroski F Score and Agricultural Bank Altman Z Score analysis. Note that the Agricultural Bank information on this page should be used as a complementary analysis to other Agricultural Bank'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Agricultural Pink Sheet analysis
When running Agricultural Bank's price analysis, check to measure Agricultural Bank'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 Agricultural Bank is operating at the current time. Most of Agricultural Bank's value examination focuses on studying past and present price action to predict the probability of Agricultural Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agricultural Bank's price. Additionally, you may evaluate how the addition of Agricultural Bank to your portfolios can decrease your overall portfolio volatility.
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