Airborne Financial Statements From 2010 to 2024
| ABWN Stock | USD 0.0001 0.00 0.00% |
Check Airborne Wireless financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Airborne Wireless' main balance sheet or income statement drivers, such as , as well as many indicators such as . Airborne financial statements analysis is a perfect complement when working with Airborne Wireless Valuation or Volatility modules.
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Airborne Wireless Network Company Price To Earning Analysis
Airborne Wireless' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Airborne Wireless Price To Earning | (3.57) X |
Most of Airborne Wireless' fundamental indicators, such as Price To Earning, 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, Airborne Wireless Network is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Airborne Wireless Network has a Price To Earning of -3.57 times. This is 104.18% lower than that of the Diversified Telecommunication Services sector and 107.14% lower than that of the Communication Services industry. The price to earning for all United States stocks is 112.43% higher than that of the company.
Airborne Wireless Network Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Airborne Wireless's current stock value. Our valuation model uses many indicators to compare Airborne Wireless value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Airborne Wireless competition to find correlations between indicators driving Airborne Wireless's intrinsic value. More Info.Airborne Wireless Network is number one stock in return on asset category among its peers. It also is the top company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Airborne Wireless by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Airborne Wireless' Pink Sheet. 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 Airborne Wireless Financial Statements
Airborne Wireless investors utilize fundamental indicators, such as revenue or net income, to predict how Airborne Pink Sheet 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.
Airborne Wireless Network, a development stage company, focuses on developing, marketing, and licensing a fully-meshed high-speed broadband airborne wireless network by linking aircraft in flight. Airborne Wireless Network was founded in 2011 and is headquartered in Simi Valley, California. AIRBORNE WIRELESS operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 8 people.
Pair Trading with Airborne Wireless
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 Airborne Wireless 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 Airborne Wireless will appreciate offsetting losses from the drop in the long position's value.Moving together with Airborne Pink Sheet
Moving against Airborne Pink Sheet
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| 0.7 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.6 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.58 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.35 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Airborne Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airborne Wireless 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 Airborne Wireless - 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 Airborne Wireless Network to buy it.
The correlation of Airborne Wireless 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 Airborne Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airborne Wireless Network 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 Airborne Wireless 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 Airborne Pink Sheet
Airborne Wireless financial ratios help investors to determine whether Airborne 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 Airborne with respect to the benefits of owning Airborne Wireless security.