Australian Strategic Materials Stock Shares Outstanding
| ASMMF Stock | USD 0.80 0.11 12.09% |
Australian Strategic Materials fundamentals help investors to digest information that contributes to Australian Strategic's financial success or failures. It also enables traders to predict the movement of Australian Pink Sheet. The fundamental analysis module provides a way to measure Australian Strategic'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 Australian Strategic pink sheet.
Australian |
Australian Strategic Materials Company Shares Outstanding Analysis
Australian Strategic's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Australian Strategic Shares Outstanding | 166.7 M |
Most of Australian Strategic's fundamental indicators, such as Shares Outstanding, 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, Australian Strategic Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Australian Strategic Materials has 166.7 M of shares currently outstending. This is 72.86% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The shares outstanding for all United States stocks is 70.85% higher than that of the company.
Australian Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Australian Strategic's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Australian Strategic could also be used in its relative valuation, which is a method of valuing Australian Strategic by comparing valuation metrics of similar companies.Australian Strategic is currently under evaluation in shares outstanding category among related companies.
Australian Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0714 | |||
| Operating Margin | (13.51) % | |||
| Current Valuation | 155.03 M | |||
| Shares Outstanding | 166.7 M | |||
| Shares Owned By Insiders | 31.54 % | |||
| Shares Owned By Institutions | 12.24 % | |||
| Price To Book | 1.27 X | |||
| Price To Sales | 93.76 X | |||
| Revenue | 1.87 M | |||
| Gross Profit | 2.03 M | |||
| EBITDA | (25.26 M) | |||
| Net Income | (24.27 M) | |||
| Cash And Equivalents | 60.22 M | |||
| Cash Per Share | 0.42 X | |||
| Total Debt | 16.76 M | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 7.12 X | |||
| Book Value Per Share | 1.41 X | |||
| Cash Flow From Operations | (37.59 M) | |||
| Earnings Per Share | (0.07) X | |||
| Beta | 1.6 | |||
| Market Capitalization | 250.06 M | |||
| Total Asset | 250.7 M | |||
| Z Score | 8.4 | |||
| Net Asset | 250.7 M |
About Australian Strategic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Australian Strategic Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Australian Strategic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Australian Strategic Materials 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.
Pair Trading with Australian Strategic
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 Australian Strategic 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 Australian Strategic will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Australian Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Australian Strategic 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 Australian Strategic - 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 Australian Strategic Materials to buy it.
The correlation of Australian Strategic 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 Australian Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Australian Strategic 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 Australian Strategic 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 Australian Strategic Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Australian Pink Sheet analysis
When running Australian Strategic's price analysis, check to measure Australian Strategic'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 Australian Strategic is operating at the current time. Most of Australian Strategic's value examination focuses on studying past and present price action to predict the probability of Australian Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Strategic's price. Additionally, you may evaluate how the addition of Australian Strategic to your portfolios can decrease your overall portfolio volatility.
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