We suggest to use Asiabasemetals fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Asiabasemetals is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-five available fundamental indicators for Asiabasemetals, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Asiabasemetals to be traded at C$0.1063 in 90 days. Key indicators impacting Asiabasemetals' financial strength include:
Understanding current and past Asiabasemetals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Asiabasemetals' financial statements are interrelated, with each one affecting the others. For example, an increase in Asiabasemetals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Asiabasemetals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Asiabasemetals. Check Asiabasemetals' Beneish M Score to see the likelihood of Asiabasemetals' management manipulating its earnings.
Asiabasemetals Stock Summary
Asiabasemetals competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. ASIABASEMETALS INC is traded on TSX Venture Exchange in Canada.
You should never invest in Asiabasemetals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Asiabasemetals Stock, because this is throwing your money away. Analyzing the key information contained in Asiabasemetals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Asiabasemetals Key Financial Ratios
There are many critical financial ratios that Asiabasemetals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Asiabasemetals reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Asiabasemetals's current stock value. Our valuation model uses many indicators to compare Asiabasemetals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Asiabasemetals competition to find correlations between indicators driving Asiabasemetals's intrinsic value. More Info.
Asiabasemetals is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Asiabasemetals' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Asiabasemetals' earnings, one of the primary drivers of an investment's value.
Asiabasemetals Systematic Risk
Asiabasemetals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Asiabasemetals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Asiabasemetals correlated with the market. If Beta is less than 0 Asiabasemetals generally moves in the opposite direction as compared to the market. If Asiabasemetals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Asiabasemetals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Asiabasemetals is generally in the same direction as the market. If Beta > 1 Asiabasemetals moves generally in the same direction as, but more than the movement of the benchmark.
Asiabasemetals Total Assets Over Time
Today, most investors in Asiabasemetals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Asiabasemetals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Asiabasemetals growth as a starting point in their analysis.
Asiabasemetals November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Asiabasemetals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Asiabasemetals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asiabasemetals based on widely used predictive technical indicators. In general, we focus on analyzing Asiabasemetals Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asiabasemetals's daily price indicators and compare them against related drivers.
Additional Tools for Asiabasemetals Stock Analysis
When running Asiabasemetals' price analysis, check to measure Asiabasemetals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.