Amarc Resources Stock Working Capital
| AXREF Stock | USD 0.12 0.01 7.69% |
Amarc Resources fundamentals help investors to digest information that contributes to Amarc Resources' financial success or failures. It also enables traders to predict the movement of Amarc OTC Stock. The fundamental analysis module provides a way to measure Amarc Resources' 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 Amarc Resources otc stock.
Amarc |
Amarc Resources OTC Stock Working Capital Analysis
Amarc Resources' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Amarc Resources Working Capital | (241 K) |
Most of Amarc Resources' fundamental indicators, such as Working Capital, 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, Amarc Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
In accordance with the company's disclosures, Amarc Resources has a Working Capital of (241,000). This is 100.03% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The working capital for all United States stocks is 100.02% higher than that of the company.
Amarc Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amarc Resources' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Amarc Resources could also be used in its relative valuation, which is a method of valuing Amarc Resources by comparing valuation metrics of similar companies.Amarc Resources is currently under evaluation in working capital category among related companies.
Amarc Fundamentals
| Return On Equity | 1.76 | |||
| Return On Asset | -1.35 | |||
| Current Valuation | 13.64 M | |||
| Shares Outstanding | 186.6 M | |||
| Shares Owned By Insiders | 19.60 % | |||
| Shares Owned By Institutions | 7.83 % | |||
| Price To Earning | 25.82 X | |||
| Price To Book | 6.87 X | |||
| EBITDA | (245.32 K) | |||
| Net Income | (363.81 K) | |||
| Cash And Equivalents | 2.66 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 644.64 K | |||
| Debt To Equity | 2.96 % | |||
| Current Ratio | 1.23 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (237.3 K) | |||
| Earnings Per Share | 0.01 X | |||
| Number Of Employees | 13 | |||
| Beta | 1.32 | |||
| Market Capitalization | 22.13 M | |||
| Total Asset | 991.83 K | |||
| Retained Earnings | (50 M) | |||
| Working Capital | (241 K) | |||
| Current Asset | 689 K | |||
| Current Liabilities | 930 K | |||
| Z Score | -49.6 | |||
| Net Asset | 991.83 K |
About Amarc Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amarc Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amarc Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amarc Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
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 Amarc 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, Amarc Resources' short interest history, or implied volatility extrapolated from Amarc Resources options trading.
Pair Trading with Amarc 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 Amarc 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 Amarc Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Amarc OTC Stock
| 0.61 | RTPPF | Rio Tinto Group | PairCorr |
| 0.71 | RIO | Rio Tinto ADR | PairCorr |
Moving against Amarc OTC Stock
| 0.52 | MSFT | Microsoft Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Amarc Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarc Resources 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 Amarc Resources - 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 Amarc Resources to buy it.
The correlation of Amarc Resources 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 Amarc Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarc Resources 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 Amarc Resources 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, which includes a position in Amarc Resources. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Amarc Resources information on this page should be used as a complementary analysis to other Amarc Resources' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Amarc OTC Stock analysis
When running Amarc Resources' price analysis, check to measure Amarc Resources' 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 Amarc Resources is operating at the current time. Most of Amarc Resources' value examination focuses on studying past and present price action to predict the probability of Amarc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarc Resources' price. Additionally, you may evaluate how the addition of Amarc Resources to your portfolios can decrease your overall portfolio volatility.
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