American Manganese Stock Return On Asset
| AMYZF Stock | USD 0.12 0.01 9.09% |
American Manganese fundamentals help investors to digest information that contributes to American Manganese's financial success or failures. It also enables traders to predict the movement of American OTC Stock. The fundamental analysis module provides a way to measure American Manganese'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 American Manganese otc stock.
American |
American Manganese OTC Stock Return On Asset Analysis
American Manganese'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 American Manganese Return On Asset | -0.21 |
Most of American Manganese'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, American Manganese 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.
| Competition |
Based on the latest financial disclosure, American Manganese has a Return On Asset of -0.2089. This is 128.23% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on asset for all United States stocks is 49.21% higher than that of the company.
American Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Manganese's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of American Manganese could also be used in its relative valuation, which is a method of valuing American Manganese by comparing valuation metrics of similar companies.American Manganese is currently under evaluation in return on asset category among related companies.
American Fundamentals
| Return On Equity | -0.34 | |||
| Return On Asset | -0.21 | |||
| Current Valuation | 51.76 M | |||
| Shares Outstanding | 252.21 M | |||
| Shares Owned By Insiders | 3.24 % | |||
| Price To Book | 4.06 X | |||
| Gross Profit | (32.08 K) | |||
| EBITDA | (11.31 M) | |||
| Net Income | (11.31 M) | |||
| Cash And Equivalents | 22.84 M | |||
| Cash Per Share | 0.09 X | |||
| Debt To Equity | 3.90 % | |||
| Current Ratio | 197.50 X | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (4.71 M) | |||
| Earnings Per Share | (0.07) X | |||
| Number Of Employees | 11 | |||
| Beta | 2.11 | |||
| Market Capitalization | 100.81 M | |||
| Total Asset | 22.29 M | |||
| Net Asset | 22.29 M |
About American Manganese Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Manganese's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Manganese using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Manganese 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.
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 American Manganese 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, American Manganese's short interest history, or implied volatility extrapolated from American Manganese options trading.
Pair Trading with American Manganese
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 American Manganese 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 American Manganese will appreciate offsetting losses from the drop in the long position's value.Moving against American OTC Stock
| 0.51 | SLF | Sun Life Financial Financial Report 9th of May 2024 | PairCorr |
| 0.48 | IBM | International Business Report 17th of April 2024 | PairCorr |
| 0.45 | GLUC | Glucose Health | PairCorr |
The ability to find closely correlated positions to American Manganese could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Manganese 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 American Manganese - 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 American Manganese to buy it.
The correlation of American Manganese 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 American Manganese moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Manganese 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 American Manganese 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 American Manganese. 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 nation. Note that the American Manganese information on this page should be used as a complementary analysis to other American Manganese'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 the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for American OTC Stock analysis
When running American Manganese's price analysis, check to measure American Manganese'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 American Manganese is operating at the current time. Most of American Manganese's value examination focuses on studying past and present price action to predict the probability of American Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Manganese's price. Additionally, you may evaluate how the addition of American Manganese to your portfolios can decrease your overall portfolio volatility.
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