Ainsworth Financial Statements From 2010 to 2024
| AINSF Stock | USD 0.78 0.03 4.00% |
Check Ainsworth Game financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ainsworth main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Ainsworth financial statements analysis is a perfect complement when working with Ainsworth Game Valuation or Volatility modules.
Ainsworth |
Ainsworth Game Technology Company Current Valuation Analysis
Ainsworth Game's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ainsworth Game Current Valuation | 220.72 M |
Most of Ainsworth Game's fundamental indicators, such as Current Valuation, 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, Ainsworth Game Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ainsworth Game Technology has a Current Valuation of 220.72 M. This is 98.78% lower than that of the Consumer Cyclical sector and 87.4% lower than that of the Gambling industry. The current valuation for all United States stocks is 98.67% higher than that of the company.
Ainsworth Game Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ainsworth Game's current stock value. Our valuation model uses many indicators to compare Ainsworth Game value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ainsworth Game competition to find correlations between indicators driving Ainsworth Game's intrinsic value. More Info.Ainsworth Game Technology is rated second in return on equity category among related companies. It is rated second in return on asset category among related companies reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ainsworth Game Technology is roughly 2.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ainsworth Game by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ainsworth Game's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ainsworth Game's earnings, one of the primary drivers of an investment's value.About Ainsworth Game Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ainsworth Game income statement, its balance sheet, and the statement of cash flows. Ainsworth Game investors use historical funamental indicators, such as Ainsworth Game's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ainsworth Game investors may use each financial statement separately, they are all related. The changes in Ainsworth Game's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ainsworth Game's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ainsworth Game Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ainsworth Game. Please read more on our technical analysis and fundamental analysis pages.
Ainsworth Game Technology Limited designs, develops, manufactures, sells, distributes, and services electronic gaming machines, and other related equipment and services. Ainsworth Game Technology Limited is a subsidiary of Novomatic AG. Ainsworth Game operates under Gambling classification in the United States and is traded on OTC Exchange.
Pair Trading with Ainsworth Game
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 Ainsworth Game 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 Ainsworth Game will appreciate offsetting losses from the drop in the long position's value.Moving against Ainsworth Pink Sheet
| 0.83 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.75 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
| 0.74 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.72 | BAC | Bank of America Financial Report 16th of July 2024 | PairCorr |
| 0.71 | MMM | 3M Company Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Ainsworth Game could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ainsworth Game 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 Ainsworth Game - 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 Ainsworth Game Technology to buy it.
The correlation of Ainsworth Game 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 Ainsworth Game moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ainsworth Game Technology 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 Ainsworth Game 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 the analysis of Ainsworth Game Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Ainsworth Pink Sheet analysis
When running Ainsworth Game's price analysis, check to measure Ainsworth Game'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 Ainsworth Game is operating at the current time. Most of Ainsworth Game's value examination focuses on studying past and present price action to predict the probability of Ainsworth Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainsworth Game's price. Additionally, you may evaluate how the addition of Ainsworth Game to your portfolios can decrease your overall portfolio volatility.
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