Ashot Ashkelon Revenue vs. Price to Sales
| ASHO Stock | ILA 2,850 15.00 0.52% |
For Ashot Ashkelon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ashot Ashkelon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ashot Ashkelon Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ashot Ashkelon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ashot Ashkelon Industries over time as well as its relative position and ranking within its peers.
Ashot |
Ashot Ashkelon Industries Price to Sales vs. Revenue Fundamental Analysis
Ashot Revenue vs. Competition
Ashot Ashkelon Industries is the top company in revenue category among related companies. Market size based on revenue of Industrials industry is presently estimated at about 32.61 Billion. Ashot Ashkelon claims roughly 342.07 Million in revenue contributing just under 2% to equities under Industrials industry.
Ashot Price to Sales vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ashot Ashkelon |
| = | 342.07 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ashot Ashkelon | = | null |
Use Ashot Ashkelon in pair-trading
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 Ashot Ashkelon 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 Ashot Ashkelon will appreciate offsetting losses from the drop in the long position's value.Ashot Ashkelon Pair Trading
Ashot Ashkelon Industries Pair Trading Analysis
The ability to find closely correlated positions to Ashot Ashkelon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashot Ashkelon 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 Ashot Ashkelon - 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 Ashot Ashkelon Industries to buy it.
The correlation of Ashot Ashkelon 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 Ashot Ashkelon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashot Ashkelon Industries 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 Ashot Ashkelon 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.Use Investing Themes to Complement your Ashot Ashkelon position
In addition to having Ashot Ashkelon in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Complementary Tools for Ashot Stock analysis
When running Ashot Ashkelon's price analysis, check to measure Ashot Ashkelon'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 Ashot Ashkelon is operating at the current time. Most of Ashot Ashkelon's value examination focuses on studying past and present price action to predict the probability of Ashot Ashkelon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashot Ashkelon's price. Additionally, you may evaluate how the addition of Ashot Ashkelon to your portfolios can decrease your overall portfolio volatility.
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To fully project Ashot Ashkelon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ashot Ashkelon Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ashot Ashkelon's income statement, its balance sheet, and the statement of cash flows.