Aurasource Stock Filter Stocks by Fundamentals
| ARAO Stock | USD 0.04 0.00 0.00% |
AuraSource fundamentals help investors to digest information that contributes to AuraSource's financial success or failures. It also enables traders to predict the movement of AuraSource Pink Sheet. The fundamental analysis module provides a way to measure AuraSource'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 AuraSource pink sheet.
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AuraSource Fundamentals
| Return On Asset | -3.91 | |||
| Current Valuation | 9.49 M | |||
| Shares Outstanding | 68.6 M | |||
| Shares Owned By Insiders | 60.20 % | |||
| Price To Earning | (11.86) X | |||
| Price To Sales | 96.00 X | |||
| Gross Profit | 29.68 K | |||
| EBITDA | (1.49 M) | |||
| Net Income | (1.13 M) | |||
| Cash And Equivalents | 26.31 K | |||
| Total Debt | 2.94 M | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (44.45 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.53 | |||
| Market Capitalization | 10.98 M | |||
| Total Asset | 10.84 K | |||
| Retained Earnings | (13.28 M) | |||
| Working Capital | (2 M) | |||
| Current Asset | 531 K | |||
| Current Liabilities | 2.53 M | |||
| Net Asset | 10.84 K |
About AuraSource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AuraSource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AuraSource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AuraSource 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.
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 AuraSource 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, AuraSource's short interest history, or implied volatility extrapolated from AuraSource options trading.
Pair Trading with AuraSource
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 AuraSource 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 AuraSource will appreciate offsetting losses from the drop in the long position's value.Moving together with AuraSource Pink Sheet
| 0.69 | KEP | Korea Electric Power | PairCorr |
Moving against AuraSource Pink Sheet
| 0.73 | NEE | Nextera Energy Aggressive Push | PairCorr |
| 0.7 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.68 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
| 0.65 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
| 0.58 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
The ability to find closely correlated positions to AuraSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AuraSource 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 AuraSource - 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 AuraSource to buy it.
The correlation of AuraSource 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 AuraSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AuraSource 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 AuraSource 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 AuraSource. 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 AuraSource information on this page should be used as a complementary analysis to other AuraSource'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for AuraSource Pink Sheet analysis
When running AuraSource's price analysis, check to measure AuraSource'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 AuraSource is operating at the current time. Most of AuraSource's value examination focuses on studying past and present price action to predict the probability of AuraSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AuraSource's price. Additionally, you may evaluate how the addition of AuraSource to your portfolios can decrease your overall portfolio volatility.
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