Ault Global Holdings Stock Return On Asset
Ault Global Holdings fundamentals help investors to digest information that contributes to Ault Global's financial success or failures. It also enables traders to predict the movement of Ault Stock. The fundamental analysis module provides a way to measure Ault Global'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 Ault Global stock.
Ault |
Ault Global Holdings Company Return On Asset Analysis
Ault Global's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Ault Global Return On Asset | -0.88 |
Most of Ault Global's fundamental indicators, such as Return On 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, Ault Global Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Ault Global Holdings has a Return On Asset of -0.88. This is 72.55% higher than that of the Industrials sector and significantly lower than that of the Electrical Equipment & Parts industry. The return on asset for all United States stocks is notably higher than that of the company.
Ault Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ault Global's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ault Global could also be used in its relative valuation, which is a method of valuing Ault Global by comparing valuation metrics of similar companies.Ault Global is currently under evaluation in return on asset category among related companies.
Ault Fundamentals
| Return On Equity | -28.47 | |||
| Return On Asset | -0.88 | |||
| Profit Margin | (76.80) % | |||
| Operating Margin | (6.04) % | |||
| Current Valuation | 54.63 M | |||
| Shares Outstanding | 49.77 M | |||
| Shares Owned By Insiders | 2.81 % | |||
| Shares Owned By Institutions | 7.68 % | |||
| Number Of Shares Shorted | 5.07 M | |||
| Price To Earning | (1.38) X | |||
| Price To Book | 0.45 X | |||
| Price To Sales | 2.53 X | |||
| Revenue | 31.51 M | |||
| Gross Profit | 9.51 M | |||
| EBITDA | (1.17 M) | |||
| Net Income | (26.58 M) | |||
| Cash And Equivalents | 125.96 M | |||
| Cash Per Share | 2.53 X | |||
| Total Debt | 41.8 M | |||
| Debt To Equity | 0.24 % | |||
| Current Ratio | 3.27 X | |||
| Book Value Per Share | 3.53 X | |||
| Cash Flow From Operations | (24.3 M) | |||
| Short Ratio | 1.12 X | |||
| Earnings Per Share | (1.32) X | |||
| Number Of Employees | 144 | |||
| Beta | 5.41 | |||
| Market Capitalization | 79.64 M | |||
| Total Asset | 4.46 M | |||
| Retained Earnings | (90.98 M) | |||
| Working Capital | 2.54 M | |||
| Current Asset | 3.83 M | |||
| Current Liabilities | 1.28 M | |||
| Z Score | -20.41 |
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 Ault Global 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, Ault Global's short interest history, or implied volatility extrapolated from Ault Global options trading.
Pair Trading with Ault Global
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 Ault Global 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 Ault Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Goodyear Tire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodyear Tire 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 Goodyear Tire - 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 Goodyear Tire Rubber to buy it.
The correlation of Goodyear Tire 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 Goodyear Tire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodyear Tire Rubber 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 Goodyear Tire 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Ault Stock
If you are still planning to invest in Ault Global Holdings 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 Ault Global's history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |