Airthings Asa Stock Market Outlook
| ARTGF Stock | USD 0.04 0.00 0.00% |
Roughly 61% of Airthings ASA's investor base is looking to short. The analysis of overall sentiment of trading Airthings ASA pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Airthings ASA's historical and current headlines, can help investors time the market. In addition, many technical investors use Airthings ASA stock news signals to limit their universe of possible portfolio assets.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Airthings ASA's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Airthings ASA.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Airthings ASA is 'Strong Sell'. Macroaxis provides Airthings ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ARTGF positions.
Execute Airthings ASA Advice
The Airthings recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Airthings ASA. Macroaxis does not own or have any residual interests in Airthings ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Airthings ASA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
For the selected time horizon Airthings ASA has a Mean Deviation of 2.47, Standard Deviation of 10.21 and Variance of 104.16We provide trade advice to complement the prevailing expert consensus on Airthings ASA. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Airthings ASA is not overpriced, please confirm all Airthings ASA fundamentals, including its revenue and the relationship between the cash and equivalents and market capitalization . As Airthings ASA appears to be a penny stock we also recommend to validate its shares owned by insiders numbers.
Airthings ASA Trading Alerts and Improvement Suggestions
| Airthings ASA generated a negative expected return over the last 90 days | |
| Airthings ASA has high historical volatility and very poor performance | |
| Airthings ASA has some characteristics of a very speculative penny stock | |
| Airthings ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 33.67 M. Net Loss for the year was (7.26 M) with profit before overhead, payroll, taxes, and interest of 20.63 M. | |
| Airthings ASA has accumulated about 23.17 M in cash with (15.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 51.0% of the company shares are held by company insiders |
Airthings ASA Returns Distribution Density
The distribution of Airthings ASA's historical returns is an attempt to chart the uncertainty of Airthings ASA's future price movements. The chart of the probability distribution of Airthings ASA daily returns describes the distribution of returns around its average expected value. We use Airthings ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Airthings ASA returns is essential to provide solid investment analysis for Airthings ASA.
| Mean Return | -1.26 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 10.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Airthings ASA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Airthings ASA Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Airthings ASA or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Airthings ASA's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Airthings pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.12 | |
β | Beta against Dow Jones | -1.88 | |
σ | Overall volatility | 10.53 | |
Ir | Information ratio | -0.13 |
Airthings ASA Volatility Alert
Airthings ASA is displaying above-average volatility over the selected time horizon. Airthings ASA is a penny stock. Although Airthings ASA may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Airthings ASA. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Airthings instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Airthings ASA Fundamentals Vs Peers
Comparing Airthings ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Airthings ASA's direct or indirect competition across all of the common fundamentals between Airthings ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Airthings ASA or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Airthings ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Airthings ASA by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Airthings ASA to competition |
| Fundamentals | Airthings ASA | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.12 | -0.14 |
| Profit Margin | (0.24) % | (1.27) % |
| Operating Margin | (0.37) % | (5.51) % |
| Current Valuation | 55.95 M | 16.62 B |
| Shares Outstanding | 173.99 M | 571.82 M |
| Shares Owned By Insiders | 50.80 % | 10.09 % |
| Shares Owned By Institutions | 14.64 % | 39.21 % |
| Price To Book | 1.71 X | 9.51 X |
| Price To Sales | 2.29 X | 11.42 X |
| Revenue | 33.67 M | 9.43 B |
| Gross Profit | 20.63 M | 27.38 B |
| EBITDA | (7.75 M) | 3.9 B |
| Net Income | (7.26 M) | 570.98 M |
| Cash And Equivalents | 23.17 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 5.01 X | 2.16 X |
| Book Value Per Share | 0.28 X | 1.93 K |
| Cash Flow From Operations | (15.88 M) | 971.22 M |
| Number Of Employees | 138 | 18.84 K |
| Beta | 1.26 | -0.15 |
| Market Capitalization | 83.52 M | 19.03 B |
| Total Asset | 83.68 M | 29.47 B |
| Net Asset | 83.68 M |
Airthings ASA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Airthings . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0393 | |||
| Day Typical Price | 0.0393 |
About Airthings ASA Buy or Sell Advice
When is the right time to buy or sell Airthings ASA? Buying financial instruments such as Airthings Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Airthings ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Airthings Pink Sheet
Airthings ASA financial ratios help investors to determine whether Airthings 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 Airthings with respect to the benefits of owning Airthings ASA security.