AuraSource Financial Statements From 2010 to 2026
AuraSource's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing AuraSource's valuation are provided below:AuraSource does not presently have any fundamental signals for analysis.
This module can also supplement various AuraSource Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Check AuraSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AuraSource's main balance sheet or income statement drivers, such as , as well as many indicators such as . AuraSource financial statements analysis is a perfect complement when working with AuraSource Valuation or Volatility modules.
AuraSource |
AuraSource Company Price To Earning Analysis
AuraSource's 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 AuraSource Price To Earning | (11.86) X |
Most of AuraSource's 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, AuraSource 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.
CompetitionBased on the latest financial disclosure, AuraSource has a Price To Earning of -11.86 times. This is 139.27% lower than that of the Commercial Services & Supplies sector and significantly lower than that of the Industrials industry. The price to earning for all United States stocks is 141.3% higher than that of the company.
AuraSource Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AuraSource's current stock value. Our valuation model uses many indicators to compare AuraSource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AuraSource competition to find correlations between indicators driving AuraSource's intrinsic value. More Info.AuraSource 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 AuraSource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AuraSource'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 AuraSource Financial Statements
AuraSource investors utilize fundamental indicators, such as revenue or net income, to predict how AuraSource 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.
AuraSource, Inc. focuses on developing and implementing clean energy and mineral processing technologies. AuraSource, Inc. was incorporated in 1990 and is based in Tempe, Arizona. Aurasource operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 3 people.
Pair Trading with AuraSource
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 AuraSource 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 AuraSource will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AuraSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AuraSource 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 AuraSource - 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 AuraSource to buy it.
The correlation of AuraSource 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 AuraSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AuraSource 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 AuraSource 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in AuraSource Pink Sheet
If you are still planning to invest in AuraSource check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AuraSource's history and understand the potential risks before investing.
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