Agriminco Corp Stock Cash And Equivalents
| ETPHF Stock | USD 0.0001 0.00 0.00% |
AgriMinco Corp fundamentals help investors to digest information that contributes to AgriMinco Corp's financial success or failures. It also enables traders to predict the movement of AgriMinco Pink Sheet. The fundamental analysis module provides a way to measure AgriMinco Corp'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 AgriMinco Corp pink sheet.
AgriMinco |
AgriMinco Corp Company Cash And Equivalents Analysis
AgriMinco Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current AgriMinco Corp Cash And Equivalents | 221.22 K |
Most of AgriMinco Corp's fundamental indicators, such as Cash And Equivalents, 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, AgriMinco Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, AgriMinco Corp has 221.22 K in Cash And Equivalents. This is 99.95% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The cash and equivalents for all United States stocks is 99.99% higher than that of the company.
AgriMinco Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AgriMinco Corp's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of AgriMinco Corp could also be used in its relative valuation, which is a method of valuing AgriMinco Corp by comparing valuation metrics of similar companies.AgriMinco Corp is currently under evaluation in cash and equivalents category among related companies.
AgriMinco Fundamentals
| Return On Equity | 0.0657 | |||
| Return On Asset | -0.32 | |||
| Current Valuation | 202.45 K | |||
| Shares Outstanding | 164.99 M | |||
| EBITDA | (350.95 K) | |||
| Net Income | 23.75 K | |||
| Cash And Equivalents | 221.22 K | |||
| Total Debt | 222.69 K | |||
| Current Ratio | 4.48 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (641.65 K) | |||
| Beta | 3.03 | |||
| Market Capitalization | 112.63 K | |||
| Total Asset | 465.3 K | |||
| Retained Earnings | (13.37 M) | |||
| Working Capital | (3.3 M) | |||
| Current Asset | 74 K | |||
| Current Liabilities | 3.37 M | |||
| Z Score | -47.6 | |||
| Net Asset | 465.3 K |
About AgriMinco Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AgriMinco Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AgriMinco Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AgriMinco Corp 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 AgriMinco Corp
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 AgriMinco Corp 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 AgriMinco Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AgriMinco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AgriMinco Corp 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 AgriMinco Corp - 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 AgriMinco Corp to buy it.
The correlation of AgriMinco Corp 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 AgriMinco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AgriMinco Corp 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 AgriMinco Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AgriMinco Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the AgriMinco Corp information on this page should be used as a complementary analysis to other AgriMinco Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for AgriMinco Pink Sheet analysis
When running AgriMinco Corp's price analysis, check to measure AgriMinco Corp'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 AgriMinco Corp is operating at the current time. Most of AgriMinco Corp's value examination focuses on studying past and present price action to predict the probability of AgriMinco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AgriMinco Corp's price. Additionally, you may evaluate how the addition of AgriMinco Corp to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |