Arena Star Group Stock Filter Stocks by Fundamentals
ARNA Stock | ILS 241.80 1.50 0.62% |
Arena Star Group fundamentals help investors to digest information that contributes to Arena Star's financial success or failures. It also enables traders to predict the movement of Arena Stock. The fundamental analysis module provides a way to measure Arena Star'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 Arena Star stock.
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Arena Fundamentals
Return On Equity | 0.43 | |||
Return On Asset | 0.026 | |||
Profit Margin | 0.27 % | |||
Operating Margin | 0.59 % | |||
Current Valuation | 1.05 B | |||
Shares Outstanding | 1.42 B | |||
Shares Owned By Insiders | 73.80 % | |||
Price To Earning | 91.67 X | |||
Price To Book | 52.24 X | |||
Price To Sales | 63.95 X | |||
Revenue | 66.23 M | |||
Gross Profit | 42.58 M | |||
EBITDA | 273.44 M | |||
Net Income | 197.99 M | |||
Cash And Equivalents | 46.82 M | |||
Cash Per Share | 0.03 X | |||
Total Debt | 485.87 M | |||
Current Ratio | 0.10 X | |||
Book Value Per Share | 0.56 X | |||
Cash Flow From Operations | 9.21 M | |||
Earnings Per Share | 0.12 X | |||
Number Of Employees | 20 | |||
Beta | 1.82 | |||
Market Capitalization | 3.86 B | |||
Total Asset | 1.25 B | |||
Retained Earnings | (1.01 B) | |||
Working Capital | (333 M) | |||
Current Asset | 433 M | |||
Current Liabilities | 766 M | |||
Z Score | 4.2 | |||
Net Asset | 1.25 B |
About Arena Star Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arena Star Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arena Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arena Star Group 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.Arena Star Group Ltd. engages in the real estate activities in Israel and Kazakhstan. Arena Star Group Ltd., operates as a subsidiary of Asian Service Trade Control Rte. ARENA STAR is traded on Tel Aviv Stock Exchange in Israel.
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 Arena Star 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, Arena Star's short interest history, or implied volatility extrapolated from Arena Star options trading.
Pair Trading with Arena Star
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 Arena Star 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 Arena Star will appreciate offsetting losses from the drop in the long position's value.Moving against Arena Stock
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The ability to find closely correlated positions to Arena Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena Star 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 Arena Star - 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 Arena Star Group to buy it.
The correlation of Arena Star 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 Arena Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Star Group 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 Arena Star 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 Arena Star Piotroski F Score and Arena Star Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Arena Stock analysis
When running Arena Star's price analysis, check to measure Arena Star'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 Arena Star is operating at the current time. Most of Arena Star's value examination focuses on studying past and present price action to predict the probability of Arena Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arena Star's price. Additionally, you may evaluate how the addition of Arena Star to your portfolios can decrease your overall portfolio volatility.
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