AirBoss Financial Statements From 2010 to 2025
| BOS Stock | CAD 5.23 0.23 4.60% |
Check AirBoss Of financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AirBoss Of's main balance sheet or income statement drivers, such as , as well as many indicators such as . AirBoss financial statements analysis is a perfect complement when working with AirBoss Of Valuation or Volatility modules.
AirBoss |
AirBoss of America Company Operating Margin Analysis
AirBoss Of's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current AirBoss Of Operating Margin | 0.03 % |
Most of AirBoss Of's fundamental indicators, such as Operating Margin, 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, AirBoss of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, AirBoss of America has an Operating Margin of 0.028%. This is 101.92% lower than that of the Chemicals sector and 100.49% lower than that of the Materials industry. The operating margin for all Canada stocks is 100.51% lower than that of the firm.
AirBoss of America Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AirBoss Of's current stock value. Our valuation model uses many indicators to compare AirBoss Of value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AirBoss Of competition to find correlations between indicators driving AirBoss Of's intrinsic value. More Info.AirBoss of America is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value AirBoss Of by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AirBoss Of's Stock. 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.About AirBoss Of Financial Statements
AirBoss Of investors utilize fundamental indicators, such as revenue or net income, to predict how AirBoss Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
AirBoss of America Corp., through its subsidiaries, designs, develops, manufactures, and sells rubber compounds and specialty finished products to industrial, automotive, defense, first response, and healthcare markets primarily in Canada and the United States. AirBoss of America Corp. is headquartered in Newmarket, Canada. AIRBOSS AMERICA operates under Specialty Chemicals classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with AirBoss Of
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 AirBoss Of 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 AirBoss Of will appreciate offsetting losses from the drop in the long position's value.Moving against AirBoss Stock
| 0.51 | FDR | Flinders Resources | PairCorr |
| 0.45 | ADD | Arctic Star Exploration | PairCorr |
| 0.39 | TSLA | Tesla Inc CDR | PairCorr |
The ability to find closely correlated positions to AirBoss Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AirBoss Of 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 AirBoss Of - 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 AirBoss of America to buy it.
The correlation of AirBoss Of 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 AirBoss Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AirBoss of America 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 AirBoss Of 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.Other Information on Investing in AirBoss Stock
AirBoss Of financial ratios help investors to determine whether AirBoss Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AirBoss with respect to the benefits of owning AirBoss Of security.