Ballantyne Strong Stock Current Asset

BTNDelisted Stock  USD 2.65  0.13  5.16%   
Ballantyne Strong fundamentals help investors to digest information that contributes to Ballantyne Strong's financial success or failures. It also enables traders to predict the movement of Ballantyne Stock. The fundamental analysis module provides a way to measure Ballantyne Strong'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 Ballantyne Strong 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.

Ballantyne Current Asset Analysis

Ballantyne Strong's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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More About Current Asset | All Equity Analysis

Current Ballantyne Strong Current Asset

    
  45.95 M  
Most of Ballantyne Strong's fundamental indicators, such as Current Asset, 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, Ballantyne Strong is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Ballantyne Strong has a Current Asset of 45.95 M. This is 99.91% lower than that of the Entertainment sector and 98.01% lower than that of the Communication Services industry. The current asset for all United States stocks is 99.51% higher than that of the company.

Ballantyne Current Asset Peer Comparison

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

Ballantyne Fundamentals

About Ballantyne Strong Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ballantyne Strong's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ballantyne Strong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ballantyne Strong 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.
Ballantyne Strong, Inc. operates in the entertainment industry worldwide. Ballantyne Strong, Inc. was founded in 1932 and is based in Charlotte, North Carolina. Ballantyne Strong operates under Leisure classification in the United States and is traded on AMEX Exchange. It employs 158 people.

Pair Trading with Ballantyne Strong

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 Ballantyne Strong 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 Ballantyne Strong will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ballantyne Strong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballantyne Strong 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 Ballantyne Strong - 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 Ballantyne Strong to buy it.
The correlation of Ballantyne Strong 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 Ballantyne Strong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballantyne Strong 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 Ballantyne Strong 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Ballantyne Stock

If you are still planning to invest in Ballantyne Strong check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ballantyne Strong's history and understand the potential risks before investing.
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