Afcon Holdings Stock Filter Stocks by Fundamentals

AFHL Stock  ILS 9,800  78.00  0.79%   
Afcon Holdings fundamentals help investors to digest information that contributes to Afcon Holdings' financial success or failures. It also enables traders to predict the movement of Afcon Stock. The fundamental analysis module provides a way to measure Afcon Holdings' 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 Afcon Holdings 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.

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Afcon Fundamentals

About Afcon Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Afcon Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Afcon Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Afcon Holdings 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.
Afcon Holdings Ltd. engages in the construction and infrastructure, control and automation, trade, and communication solutions businesses in Israel and internationally. Afcon Holdings Ltd. is a subsidiary of Shlomo Car Lease Ltd. AFCON HOLDINGS operates under Electronic Components classification in Israel and is traded on Tel Aviv Stock Exchange.
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 Afcon Holdings 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, Afcon Holdings' short interest history, or implied volatility extrapolated from Afcon Holdings options trading.

Pair Trading with Afcon Holdings

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 Afcon Holdings 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 Afcon Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Afcon Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Afcon Holdings 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 Afcon Holdings - 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 Afcon Holdings to buy it.
The correlation of Afcon Holdings 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 Afcon Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Afcon Holdings 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 Afcon Holdings 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
Check out Afcon Holdings Piotroski F Score and Afcon Holdings Altman Z Score analysis.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Afcon Holdings' price analysis, check to measure Afcon Holdings' 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 Afcon Holdings is operating at the current time. Most of Afcon Holdings' value examination focuses on studying past and present price action to predict the probability of Afcon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afcon Holdings' price. Additionally, you may evaluate how the addition of Afcon Holdings to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Afcon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Afcon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afcon Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.