Ashtrom Group Stock Working Capital

ASHG Stock  ILS 5,050  25.00  0.49%   
Ashtrom Group fundamentals help investors to digest information that contributes to Ashtrom's financial success or failures. It also enables traders to predict the movement of Ashtrom Stock. The fundamental analysis module provides a way to measure Ashtrom'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 Ashtrom 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.

Ashtrom Group Company Working Capital Analysis

Ashtrom's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current Ashtrom Working Capital

    
  1.02 B  
Most of Ashtrom's fundamental indicators, such as Working Capital, 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, Ashtrom Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

In accordance with the company's disclosures, Ashtrom Group has a Working Capital of 1.02 B. This is 752.09% lower than that of the Construction & Engineering sector and 15.63% higher than that of the Industrials industry. The working capital for all Israel stocks is 30.86% higher than that of the company.

Ashtrom Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashtrom's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ashtrom could also be used in its relative valuation, which is a method of valuing Ashtrom by comparing valuation metrics of similar companies.
Ashtrom is currently under evaluation in working capital category among related companies.

Ashtrom Fundamentals

About Ashtrom Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ashtrom Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashtrom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashtrom 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.
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 Ashtrom 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, Ashtrom's short interest history, or implied volatility extrapolated from Ashtrom options trading.

Pair Trading with Ashtrom

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 Ashtrom 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 Ashtrom will appreciate offsetting losses from the drop in the long position's value.

Moving against Ashtrom Stock

  0.51HOD Hod Assaf IndustriesPairCorr
The ability to find closely correlated positions to Ashtrom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashtrom 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 Ashtrom - 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 Ashtrom Group to buy it.
The correlation of Ashtrom 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 Ashtrom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashtrom 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 Ashtrom 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashtrom Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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