Azimut Exploration Stock Filter Stocks by Fundamentals
AZMTF Stock | USD 0.49 0.02 4.26% |
Azimut Exploration fundamentals help investors to digest information that contributes to Azimut Exploration's financial success or failures. It also enables traders to predict the movement of Azimut OTC Stock. The fundamental analysis module provides a way to measure Azimut Exploration'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 Azimut Exploration otc stock.
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Azimut Fundamentals
Return On Equity | 0.0292 | |||
Return On Asset | -0.0242 | |||
Profit Margin | 12.36 % | |||
Operating Margin | (18.44) % | |||
Current Valuation | 21.43 M | |||
Shares Outstanding | 79.48 M | |||
Shares Owned By Insiders | 15.16 % | |||
Shares Owned By Institutions | 18.25 % | |||
Price To Earning | 419.74 X | |||
Price To Book | 1.09 X | |||
Price To Sales | 159.65 X | |||
Revenue | 107.44 K | |||
Gross Profit | 107.44 K | |||
EBITDA | (1.61 M) | |||
Net Income | 1.62 M | |||
Cash And Equivalents | 20.11 M | |||
Cash Per Share | 0.25 X | |||
Total Debt | 84.74 K | |||
Debt To Equity | 0 % | |||
Current Ratio | 5.53 X | |||
Book Value Per Share | 0.57 X | |||
Cash Flow From Operations | 1.77 M | |||
Earnings Per Share | 0.03 X | |||
Number Of Employees | 11 | |||
Beta | 1.92 | |||
Market Capitalization | 75.11 M | |||
Total Asset | 54.21 M | |||
Net Asset | 54.21 M |
About Azimut Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Azimut Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azimut Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azimut Exploration 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 Azimut Exploration
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 Azimut Exploration 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 Azimut Exploration will appreciate offsetting losses from the drop in the long position's value.Moving against Azimut OTC Stock
0.8 | CHKEW | Chesapeake Energy | PairCorr |
0.66 | GCMGW | GCM Grosvenor | PairCorr |
0.59 | HNHPF | Hon Hai Precision | PairCorr |
0.54 | CHKEZ | Chesapeake Energy | PairCorr |
0.51 | CHKEL | Chesapeake Energy | PairCorr |
The ability to find closely correlated positions to Azimut Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azimut Exploration 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 Azimut Exploration - 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 Azimut Exploration to buy it.
The correlation of Azimut Exploration 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 Azimut Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azimut Exploration 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 Azimut Exploration 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 Azimut Exploration. 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 estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Azimut OTC Stock analysis
When running Azimut Exploration's price analysis, check to measure Azimut Exploration'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 Azimut Exploration is operating at the current time. Most of Azimut Exploration's value examination focuses on studying past and present price action to predict the probability of Azimut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azimut Exploration's price. Additionally, you may evaluate how the addition of Azimut Exploration to your portfolios can decrease your overall portfolio volatility.
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