Black Iron Stock Filter Stocks by Fundamentals
BKIRF Stock | USD 0.04 0 2.94% |
Black Iron fundamentals help investors to digest information that contributes to Black Iron's financial success or failures. It also enables traders to predict the movement of Black Pink Sheet. The fundamental analysis module provides a way to measure Black Iron'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 Black Iron pink sheet.
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Black Fundamentals
Return On Equity | -1.26 | |||
Return On Asset | -0.62 | |||
Current Valuation | 10.76 M | |||
Shares Outstanding | 303.8 M | |||
Shares Owned By Insiders | 2.14 % | |||
Shares Owned By Institutions | 14.94 % | |||
Price To Earning | (3.50) X | |||
Price To Book | 11.49 X | |||
EBITDA | (5.77 M) | |||
Net Income | (5.83 M) | |||
Cash And Equivalents | 2.86 M | |||
Cash Per Share | 0.01 X | |||
Total Debt | 47.09 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 3.31 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (4.96 M) | |||
Earnings Per Share | (0.03) X | |||
Beta | 1.69 | |||
Market Capitalization | 18.08 M | |||
Total Asset | 6.39 M | |||
Net Asset | 6.39 M |
About Black Iron Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Black Iron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Black Iron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Black Iron 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 Black Iron
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 Black Iron 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 Black Iron will appreciate offsetting losses from the drop in the long position's value.Moving against Black Pink Sheet
0.49 | PPERF | Bank Mandiri Persero | PairCorr |
0.46 | SHG | Shinhan Financial Earnings Call This Week | PairCorr |
0.44 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Black Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Iron 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 Black Iron - 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 Black Iron to buy it.
The correlation of Black Iron 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 Black Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Iron 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 Black Iron 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 Black Iron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Black Pink Sheet analysis
When running Black Iron's price analysis, check to measure Black Iron'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 Black Iron is operating at the current time. Most of Black Iron's value examination focuses on studying past and present price action to predict the probability of Black Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Iron's price. Additionally, you may evaluate how the addition of Black Iron to your portfolios can decrease your overall portfolio volatility.
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