Alkane Financial Statements From 2010 to 2025
| ALKN Stock | USD 0.0001 0.00 0.00% |
Check Alkane financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alkane's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alkane financial statements analysis is a perfect complement when working with Alkane Valuation or Volatility modules.
Alkane |
Alkane Inc Company Price To Sales Analysis
Alkane's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Alkane Price To Sales | 7.11 X |
Most of Alkane's fundamental indicators, such as Price To Sales, 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, Alkane Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Alkane Inc has a Price To Sales of 7.1141 times. This is 73.17% lower than that of the Basic Materials sector and 98.03% lower than that of the Specialty Chemicals industry. The price to sales for all United States stocks is 37.7% higher than that of the company.
Alkane Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alkane's current stock value. Our valuation model uses many indicators to compare Alkane value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alkane competition to find correlations between indicators driving Alkane's intrinsic value. More Info.Alkane Inc is number one stock in operating margin 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 Alkane by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alkane's 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 Alkane Financial Statements
Alkane investors utilize fundamental indicators, such as revenue or net income, to predict how Alkane 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.
Alkane, Inc. provides diesel additives for diesel powered engines. It sells its products in Germany, Switzerland, France, Belgium, Austria, the Netherlands, Denmark, and the United Kingdom. ALKANE INC operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 2 people.
Pair Trading with Alkane
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 Alkane 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 Alkane will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alkane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkane 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 Alkane - 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 Alkane Inc to buy it.
The correlation of Alkane 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 Alkane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkane Inc 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 Alkane 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 Alkane Pink Sheet
Alkane financial ratios help investors to determine whether Alkane 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 Alkane with respect to the benefits of owning Alkane security.