Acerinox Financials
| ANIOY Stock | USD 5.00 0.05 0.99% |
Acerinox |
Understanding current and past Acerinox Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Acerinox's financial statements are interrelated, with each one affecting the others. For example, an increase in Acerinox's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Acerinox's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Acerinox SA ADR. Check Acerinox's Beneish M Score to see the likelihood of Acerinox's management manipulating its earnings.
Acerinox Stock Summary
Acerinox competes with Algoma Steel, Synalloy, Algoma Steel, Aperam PK, and Friedman Industries. Acerinox, S.A., through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, Oceania, and Europe. The company was incorporated in 1970 and is headquartered in Madrid, Spain. Acerinox operates under Steel classification in the United States and is traded on OTC Exchange. It employs 8429 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US00444E1038 |
| Business Address | C Santiago de |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.acerinox.com |
| Phone | 34 91 398 51 00 |
| Currency | USD - US Dollar |
Acerinox Key Financial Ratios
Acerinox's financial ratios allow both analysts and investors to convert raw data from Acerinox's financial statements into concise, actionable information that can be used to evaluate the performance of Acerinox over time and compare it to other companies across industries.| Return On Equity | 0.38 | |||
| Return On Asset | 0.13 | |||
| Beta | 1.38 | |||
| Z Score | 1.6 |
Acerinox Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Acerinox's current stock value. Our valuation model uses many indicators to compare Acerinox value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Acerinox competition to find correlations between indicators driving Acerinox's intrinsic value. More Info.Acerinox SA ADR is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Acerinox SA ADR is roughly 3.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Acerinox by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Acerinox'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.Acerinox SA ADR Systematic Risk
Acerinox's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Acerinox 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 Acerinox SA ADR correlated with the market. If Beta is less than 0 Acerinox generally moves in the opposite direction as compared to the market. If Acerinox Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Acerinox SA ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Acerinox is generally in the same direction as the market. If Beta > 1 Acerinox moves generally in the same direction as, but more than the movement of the benchmark.
Acerinox November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Acerinox help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Acerinox SA ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Acerinox SA ADR based on widely used predictive technical indicators. In general, we focus on analyzing Acerinox Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Acerinox's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.72 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.16 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 4.08 |
Additional Tools for Acerinox Pink Sheet Analysis
When running Acerinox's price analysis, check to measure Acerinox's 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 Acerinox is operating at the current time. Most of Acerinox's value examination focuses on studying past and present price action to predict the probability of Acerinox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acerinox's price. Additionally, you may evaluate how the addition of Acerinox to your portfolios can decrease your overall portfolio volatility.