Ashot Ashkelon Industries Stock Net Income

ASHO Stock  ILA 2,760  25.00  0.91%   
Ashot Ashkelon Industries fundamentals help investors to digest information that contributes to Ashot Ashkelon's financial success or failures. It also enables traders to predict the movement of Ashot Stock. The fundamental analysis module provides a way to measure Ashot Ashkelon'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 Ashot Ashkelon 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.

Ashot Net Income Analysis

Ashot Ashkelon's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Ashot Ashkelon Net Income

    
  16.26 M  
Most of Ashot Ashkelon's fundamental indicators, such as Net Income, 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, Ashot Ashkelon Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Ashot Ashkelon Industries reported net income of 16.26 M. This is 93.73% lower than that of the Aerospace & Defense sector and 98.53% lower than that of the Industrials industry. The net income for all Israel stocks is 97.15% higher than that of the company.

Ashot Net Income Peer Comparison

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

Ashot Fundamentals

About Ashot Ashkelon Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ashot Ashkelon Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashot Ashkelon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashot Ashkelon Industries 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.
Ashot Ashkelon Industries Ltd. develops, manufactures, assembles, and supplies systems and components for aerospace, defense, automotive, and other industries in Israel and internationally. Ashot Ashkelon Industries Ltd. is a subsidiary of IMI Systems Ltd. ASHOT ASHKELON operates under Aerospace Defense classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 462 people.
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 Ashot Ashkelon 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, Ashot Ashkelon's short interest history, or implied volatility extrapolated from Ashot Ashkelon options trading.

Pair Trading with Ashot Ashkelon

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.
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.
Pair CorrelationCorrelation Matching
Check out Ashot Ashkelon Piotroski F Score and Ashot Ashkelon Altman Z Score analysis.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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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Please note, there is a significant difference between Ashot Ashkelon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashot Ashkelon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashot Ashkelon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.