Avarone Competitors

Pink Sheets . USA . 
Stock . Avarone Metals
AVRTF Stock  USD 0  0.02  84.29%   
Avarone Metals competes with Aurelia Metals, Adriatic Metals, Progressive Planet, Almonty Industries, and Amarc Resources; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Avarone Metals competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Avarone Metals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Avarone Metals Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Avarone Metals competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avarone Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.00010.62
Details
Intrinsic
Valuation
LowRealHigh
0.00010.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
00.020.03
Details

Avarone Metals Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Avarone Metals and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Avarone and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Avarone Metals does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
BBBMF
+ 0.75
ADTLF
CBRSF
+ 0.7
ADTLF
ASHXF
+ 0.65
ADTLF
CBRSF
+ 0.55
AUMTF
CBRSF
+ 0.53
ASHXF
ATOXF
+ 0.43
ALMTF
  
High negative correlations   
BBBMF
- 0.42
APCDF
ATOXF
- 0.29
BAJFF
BAJFF
- 0.29
ALMTF
ATOXF
- 0.26
APCDF
BBBMF
- 0.25
EDDYF
BAJFF
- 0.2
EDDYF

Risk-Adjusted Indicators

There is a big difference between Avarone Pink Sheet performing well and Avarone Metals Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Avarone Metals' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AUMTF  0.60  0.05  0.00 (0.34) 0.00 
 0.00 
 0.00 
 0.00 
 36.67 
ADTLF  1.73  0.27  0.04  0.93  2.06 
(4.70)
 4.69 
(4.76)
 25.51 
ASHXF  3.29  1.23  0.12 (2.86) 2.53 
(12.06)
 16.28 
(3.37)
 31.06 
ALMTF  2.45  0.06  0.00  0.28  2.66 
(3.79)
 6.35 
(4.92)
 16.71 
EDDYF  5.12  0.33  0.02  0.29  7.73 
(24.66)
 31.94 
(16.53)
 87.64 
CBRSF  5.03  2.44  0.00 (0.54) 0.00 
 0.00 
 0.00 
 0.00 
 183.33 
APCDF  1.38 (0.08) 0.00  0.20  0.00 
 0.00 
 0.00 
 0.00 
 45.71 
BBBMF  18.19  7.69  0.00 (4.96) 0.00 
 0.00 
 0.00 
 0.00 
 667.47 
BAJFF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
ATOXF  8.24  0.31  0.04  0.19  10.42 
(14.98)
 24.79 
(25.00)
 65.81 
All Fundamental Data

Avarone Metals Competitive Analysis

The better you understand Avarone Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Avarone Metals' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Avarone Metals' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AVRTF AUMTF ADTLF ASHXF ALMTF EDDYF CBRSF APCDF BBBMF BAJFF
 84.29 
 0 
Avarone
 0.00 
 0.15 
Aurelia
 4.94 
 2.50 
Adriatic
 7.69 
 0.14 
Progressive
 3.08 
 0.63 
Almonty
 10.51 
 0.07 
Edison
 0.00 
 0.04 
Champion
 0.00 
 0.03 
A-Cap
 59.78 
 0.04 
Huntsman
 0.00 
 0.0001 
Camrova
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Very risky
Out of control
Abnormally volatile
Out of control
Out of control
Not too volatile
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Weak
OK
Good
Insignificant
Insignificant
OK
Very Weak
OK
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Below Average
Above Average
Quite High
Above Average
Dangerous
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Not Rated
Strong Sell
Strong Sell
Current Ratio
0.02
1.3
25.41
1.55
0.33
17.06
0.01
25.54
0.63
N/A
Net Asset
141.22 K
562.25 M
131.89 M
28.3 M
165.85 M
9.85 M
4.9 M
45.97 M
7.19 M
1.53 K
Profit Margin
N/A
-0.19
N/A
-0.2
-0.41
N/A
N/A
N/A
N/A
N/A
EBITDA
(89.67 K)
(65.82 M)
(8.94 M)
(2.87 M)
(2.98 M)
(1.53 M)
(320.72 K)
(5.05 M)
(1.46 M)
(346.36 K)
Current Valuation
1.67 M
100.44 M
514.93 M
25.24 M
161.16 M
2.3 M
3.57 M
70.36 M
998.35 K
379.87 K
Price To Book
10.73
0.56
3.86
1.96
4.39
0.63
6.61
2.4
0.33
4.2
Operating Margin
N/A
-0.29
N/A
-0.24
-0.16
N/A
N/A
N/A
N/A
41.83
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(20 M)
N/A
(405.52 M)
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4 M
N/A
10.64 M
Beta
-0.13
1.13
1.1
0.84
1.58
0.67
0.67
1.28
1.24
-40.55
Number Of Employees
6
3
133
18
395
6
11
18
1
9
Shares Outstanding
91.41 M
1.24 B
273.08 M
100.01 M
215.98 M
115.18 M
57.37 M
1.23 B
157.25 M
23.01 M
Cash Flow From Operations
75.72 K
154.09 M
(7.54 M)
(3.35 M)
(8.44 M)
(1.09 M)
(305.7 K)
(1.47 M)
(908.64 K)
(58.99 K)
Annual Yield
N/A
0.24
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
31.63 K
8.59 M
11.88 M
8.07 M
49.01 M
N/A
N/A
13.75 M
N/A
31.42 K
Return On Equity
N/A
-0.22
-0.13
-0.36
-0.29
-0.14
-0.17
-0.16
-0.84
N/A
Z Score
51.0
7.2
31.2
1.2
1.2
N/A
N/A
2.4
N/A
N/A
Return On Asset
-1.04
-0.13
-0.0596
-0.13
-0.015
-0.0907
-0.0376
-0.0784
-0.35
-56.96
Book Value Per Share
-0.013
0.27
0.54
0.12
0.15
0.085
0.03
0.037
0.044
-0.057
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1000 K
N/A
10.72 M
Total Asset
141.22 K
562.25 M
131.89 M
28.3 M
165.85 M
9.85 M
4.9 M
45.97 M
7.19 M
1.53 K
Debt To Equity
0.62
0.14
0.13
1.18
1.74
N/A
1.39
0.77
0.17
1.38
Shares Owned By Institutions
N/A
33.55
26.41
N/A
0.02
N/A
N/A
17.01
7.0
N/A
Market Capitalization
2.72 M
109.08 M
626.19 M
21.19 M
117.08 M
4.87 M
5.55 M
64.99 M
1.97 M
1.06 M
Price To Earning
N/A
2.5
N/A
-1.69
12.0
N/A
-11.5
-15.0
N/A
-0.23
Price To Sales
N/A
0.29
N/A
1.18
4.22
N/A
N/A
15325.68
N/A
46.96
Net Income
(231.84 K)
(81.69 M)
(10.19 M)
(3.28 M)
(7.75 M)
(1.45 M)
(337.68 K)
(5.21 M)
(8.47 M)
(373.17 K)
Earnings Per Share
-0.002
0.02
N/A
-0.04
-0.025
-0.015
-0.005
-0.001
-0.015
-0.016
Shares Owned By Insiders
5.25
21.98
9.52
29.99
44.67
1.0
14.95
52.19
17.85
N/A
Revenue
N/A
438.81 M
N/A
3.83 M
20.85 M
N/A
N/A
4.83 K
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3 M
N/A
(85 K)
Cash And Equivalents
24.38 K
76.69 M
83.44 M
1.1 M
1.8 M
2.64 M
37.24 K
12.22 M
322.6 K
288
Cash Per Share
N/A
0.06
0.31
0.01
0.01
0.02
N/A
0.01
N/A
N/A
Gross Profit
N/A
22.45 M
N/A
591.38 K
434 K
(10.91 K)
N/A
14.82 K
N/A
N/A
Day Typical Price
0.0033
0.15
2.5
0.14
0.63
0.069
0.04
0.026
0.037
1.0E-4
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
0.0
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
0.0
0.0
(9,223,372,036,855)
0.0
Period Momentum Indicator
(0.02)
N/A
(0.13)
0.01
(0.02)
(0.01)
N/A
N/A
(0.06)
N/A
Rate Of Daily Change
0.16
1.0
0.95
1.08
0.97
0.89
1.0
1.0
0.4
1.0
Day Median Price
0.0033
0.15
2.5
0.14
0.63
0.069
0.04
0.026
0.037
1.0E-4
Price Action Indicator
(0.01)
N/A
(0.07)
0.005
(0.01)
(0)
N/A
N/A
(0.03)
N/A
Coefficient Of Variation
(794.70)
6392.91
1170.06
534.27
3206.65
2505.84
922.69
(4,302)
1002.26
N/A
Mean Deviation
2.53
0.6045
1.73
3.29
2.45
5.12
5.03
1.38
18.19
N/A
Jensen Alpha
(1.50)
0.0524
0.2707
1.23
0.0632
0.3276
2.44
(0.08)
7.69
N/A
Total Risk Alpha
(2.67)
(0.38)
(0.17)
0.3525
(0.35)
(1.16)
(0.43)
(1.06)
(2.33)
N/A
Sortino Ratio
N/A
N/A
0.0397
0.1187
(0.0006)
0.0191
N/A
N/A
N/A
N/A
Downside Variance
N/A
N/A
26.33
83.68
12.37
436.91
N/A
N/A
N/A
N/A
Standard Deviation
10.37
3.23
3.66
6.39
3.44
12.74
19.11
6.81
75.61
N/A
Kurtosis
65.93
33.57
10.57
9.07
1.29
9.11
57.7
37.1
63.84
N/A
Potential Upside
N/A
N/A
4.69
16.28
6.35
31.94
N/A
N/A
N/A
N/A
Treynor Ratio
(0.72)
(0.34)
0.93
(2.86)
0.2838
0.2904
(0.54)
0.2
(4.96)
N/A
Maximum Drawdown
84.29
36.67
25.51
31.06
16.71
87.64
183.33
45.71
667.47
N/A
Variance
107.62
10.42
13.43
40.79
11.82
162.24
365.05
46.4
5717.04
N/A
Market Risk Adjusted Performance
(0.71)
(0.33)
0.94
(2.85)
0.2938
0.3004
(0.53)
0.21
(4.95)
N/A
Risk Adjusted Performance
(0.09)
0.0196
0.0731
0.1516
0.0316
0.0398
0.0923
(0.01)
0.086
N/A
Skewness
(8.12)
1.54
2.15
2.38
0.5727
1.54
7.27
(3.36)
7.91
N/A
Semi Deviation
N/A
N/A
2.06
2.53
2.66
7.73
N/A
N/A
N/A
N/A
Information Ratio
(0.14)
(0.02)
0.0556
0.17
(0.0007)
0.0313
0.1026
(0.04)
0.0983
N/A
Value At Risk
N/A
N/A
(4.76)
(3.37)
(4.92)
(16.53)
N/A
N/A
N/A
N/A
Expected Short fall
N/A
N/A
(4.70)
(12.06)
(3.79)
(24.66)
N/A
N/A
N/A
N/A
Downside Deviation
N/A
N/A
5.13
9.15
3.52
20.9
N/A
N/A
N/A
N/A
Semi Variance
N/A
N/A
4.24
6.39
7.08
59.75
N/A
N/A
N/A
N/A

Avarone Metals Competition Performance Charts

Five steps to successful analysis of Avarone Metals Competition

Avarone Metals' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Avarone Metals in relation to its competition. Avarone Metals' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Avarone Metals in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Avarone Metals' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Avarone Metals, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Avarone Pink Sheet

Avarone Metals financial ratios help investors to determine whether Avarone Pink Sheet 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 Avarone with respect to the benefits of owning Avarone Metals security.
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