AAZZF Cash per Share

AAZZF
 Stock
  

USD 9.15  0.17  1.89%   

A2Z SMART TECHNOLOGIES fundamentals help investors to digest information that contributes to A2Z SMART's financial success or failures. It also enables traders to predict the movement of AAZZF Stock. The fundamental analysis module provides a way to measure A2Z SMART'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 A2Z SMART stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

AAZZF Cash per Share Analysis

A2Z SMART's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Cash per Share 
 = 
Total Cash 
Average Shares 
More About Cash per Share | All Equity Analysis

Current A2Z SMART Cash per Share

    
  0.32 X  
Most of A2Z SMART's fundamental indicators, such as Cash per Share, 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, A2Z SMART TECHNOLOGIES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Compare to competition

In accordance with the recently published financial statements, A2Z SMART TECHNOLOGIES has a Cash per Share of 0.32 times. This is 88.93% lower than that of the Industrials sector and 94.24% lower than that of the Aerospace & Defense industry. The cash per share for all United States stocks is 93.61% higher than that of the company.

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AAZZF Fundamentals

About A2Z SMART Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze A2Z SMART TECHNOLOGIES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A2Z SMART using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A2Z SMART TECHNOLOGIES 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.
A2Z Smart Technologies Corp. provides services in the field of advanced engineering capabilities to the militarysecurity markets and governmental agencies in Israel. A2Z Smart Technologies Corp. is headquartered in Vancouver, Canada. A2Z Smart is traded on OTC Exchange in the United States.
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 A2Z SMART 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, A2Z SMART's short interest history, or implied volatility extrapolated from A2Z SMART options trading.

Pair Trading with A2Z SMART

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 A2Z SMART 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 A2Z SMART will appreciate offsetting losses from the drop in the long position's value.

Moving against A2Z SMART

-0.73HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
The ability to find closely correlated positions to A2Z SMART could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A2Z SMART 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 A2Z SMART - 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 A2Z SMART TECHNOLOGIES to buy it.
The correlation of A2Z SMART 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 A2Z SMART moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A2Z SMART TECHNOLOGIES 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 A2Z SMART 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
Please continue to Trending Equities. Note that the A2Z SMART TECHNOLOGIES information on this page should be used as a complementary analysis to other A2Z SMART'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for AAZZF Stock

When running A2Z SMART TECHNOLOGIES price analysis, check to measure A2Z SMART'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 A2Z SMART is operating at the current time. Most of A2Z SMART's value examination focuses on studying past and present price action to predict the probability of A2Z SMART's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A2Z SMART's price. Additionally, you may evaluate how the addition of A2Z SMART to your portfolios can decrease your overall portfolio volatility.
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