Admiralty Resources Stock Price To Book
ADMIRALTY RESOURCES fundamentals help investors to digest information that contributes to ADMIRALTY RESOURCES's financial success or failures. It also enables traders to predict the movement of ADMIRALTY Pink Sheet. The fundamental analysis module provides a way to measure ADMIRALTY RESOURCES'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 ADMIRALTY RESOURCES pink sheet.
ADMIRALTY |
ADMIRALTY RESOURCES Company Price To Book Analysis
ADMIRALTY RESOURCES's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current ADMIRALTY RESOURCES Price To Book | 0.26 X |
Most of ADMIRALTY RESOURCES's fundamental indicators, such as Price To Book, 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, ADMIRALTY RESOURCES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, ADMIRALTY RESOURCES has a Price To Book of 0.26 times. This is much higher than that of the sector and significantly higher than that of the Price To Book industry. The price to book for all United States stocks is notably lower than that of the firm.
ADMIRALTY Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADMIRALTY RESOURCES's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of ADMIRALTY RESOURCES could also be used in its relative valuation, which is a method of valuing ADMIRALTY RESOURCES by comparing valuation metrics of similar companies.ADMIRALTY RESOURCES is currently under evaluation in price to book category among related companies.
ADMIRALTY Fundamentals
| Return On Equity | 8.78 | |||
| Return On Asset | -3.02 | |||
| Current Valuation | 4.85 M | |||
| Shares Outstanding | 1.15 B | |||
| Price To Earning | (2.81) X | |||
| Price To Book | 0.26 X | |||
| Price To Sales | 13.10 X | |||
| Revenue | 487.15 K | |||
| EBITDA | (733.15 K) | |||
| Net Income | 1.16 M | |||
| Cash And Equivalents | 75.01 K | |||
| Total Debt | 1.69 M | |||
| Debt To Equity | 12.20 % | |||
| Current Ratio | 0.16 X | |||
| Book Value Per Share | 0.44 X | |||
| Cash Flow From Operations | (827.03 K) | |||
| Earnings Per Share | (0.04) X | |||
| Beta | -108.17 | |||
| Market Capitalization | 6.38 M | |||
| Total Asset | 20 M | |||
| Retained Earnings | (129 M) | |||
| Working Capital | (4 M) | |||
| Current Liabilities | 4 M | |||
| Z Score | -6.6 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ADMIRALTY RESOURCES in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ADMIRALTY RESOURCES's short interest history, or implied volatility extrapolated from ADMIRALTY RESOURCES options trading.
Pair Trading with ADMIRALTY RESOURCES
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 ADMIRALTY RESOURCES 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 ADMIRALTY RESOURCES will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sempra Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sempra Energy 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 Sempra Energy - 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 Sempra Energy to buy it.
The correlation of Sempra Energy 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 Sempra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sempra Energy 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 Sempra Energy 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. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in ADMIRALTY Pink Sheet
If you are still planning to invest in ADMIRALTY RESOURCES 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 ADMIRALTY RESOURCES's history and understand the potential risks before investing.
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