Aben Resources Stock Fundamentals
| ABNAF Stock | USD 0.08 0.01 10.13% |
Aben Resources fundamentals help investors to digest information that contributes to Aben Resources' financial success or failures. It also enables traders to predict the movement of Aben Pink Sheet. The fundamental analysis module provides a way to measure Aben Resources' 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 Aben Resources pink sheet.
Aben |
Aben Resources Company Shares Owned By Insiders Analysis
Aben Resources' Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Aben Resources Shares Owned By Insiders | 8.02 % |
Most of Aben Resources' fundamental indicators, such as Shares Owned By Insiders, 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, Aben Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
| Competition |
Based on the latest financial disclosure, 8.02% of Aben Resources are shares owned by insiders. This is 49.05% lower than that of the Basic Materials sector and 16.2% lower than that of the Gold industry. The shares owned by insiders for all United States stocks is 20.52% higher than that of the company.
Aben Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aben Resources's current stock value. Our valuation model uses many indicators to compare Aben Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aben Resources competition to find correlations between indicators driving Aben Resources's intrinsic value. More Info.Aben Resources is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aben Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aben Resources' Pink Sheet. 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 Aben Resources' earnings, one of the primary drivers of an investment's value.Aben Shares Owned By Insiders Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aben Resources' direct or indirect competition against its Shares Owned By Insiders to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Aben Resources could also be used in its relative valuation, which is a method of valuing Aben Resources by comparing valuation metrics of similar companies.Aben Resources is currently under evaluation in shares owned by insiders category among related companies.
Aben Fundamentals
| Return On Equity | -0.042 | |||
| Return On Asset | -0.0257 | |||
| Current Valuation | 2.36 M | |||
| Shares Outstanding | 137.05 M | |||
| Shares Owned By Insiders | 8.02 % | |||
| Price To Earning | (7.72) X | |||
| Price To Book | 0.27 X | |||
| EBITDA | (789.75 K) | |||
| Net Income | (606.36 K) | |||
| Cash And Equivalents | 220.91 K | |||
| Current Ratio | 11.58 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (695.22 K) | |||
| Earnings Per Share | (0) X | |||
| Beta | 1.8 | |||
| Market Capitalization | 2.26 M | |||
| Total Asset | 14.29 M | |||
| Net Asset | 14.29 M |
About Aben Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aben Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aben Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aben Resources 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.Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada. Aben Resources operates under Gold classification in the United States and is traded on OTC Exchange.
Pair Trading with Aben Resources
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 Aben Resources 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 Aben Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Aben Pink Sheet
| 0.71 | NEM | Newmont Goldcorp Corp Earnings Call Tomorrow | PairCorr |
Moving against Aben Pink Sheet
| 0.66 | GLUC | Glucose Health Earnings Call This Week | PairCorr |
| 0.63 | SLF | Sun Life Financial Financial Report 9th of May 2024 | PairCorr |
| 0.54 | MCAE | Mountain Crest Acqui | PairCorr |
| 0.45 | MCAEU | Mountain Crest Acqui | PairCorr |
| 0.41 | CAKE | The Cheesecake Factory Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Aben Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aben Resources 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 Aben Resources - 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 Aben Resources to buy it.
The correlation of Aben Resources 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 Aben Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aben Resources 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 Aben Resources 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 Aben Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Aben Resources information on this page should be used as a complementary analysis to other Aben Resources' 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Aben Pink Sheet analysis
When running Aben Resources' price analysis, check to measure Aben Resources' 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 Aben Resources is operating at the current time. Most of Aben Resources' value examination focuses on studying past and present price action to predict the probability of Aben Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aben Resources' price. Additionally, you may evaluate how the addition of Aben Resources to your portfolios can decrease your overall portfolio volatility.
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