Aston Bay Holdings Stock Buy Hold or Sell Recommendation
| BAY Stock | CAD 0.07 0.01 7.69% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Aston Bay Holdings is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Aston Bay Holdings given historical horizon and risk tolerance towards Aston Bay. When Macroaxis issues a 'buy' or 'sell' recommendation for Aston Bay Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Aston Bay Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Aston and provide practical buy, sell, or hold advice based on investors' constraints. Aston Bay Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Aston |
Execute Aston Bay Buy or Sell Advice
The Aston recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aston Bay Holdings. Macroaxis does not own or have any residual interests in Aston Bay Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aston Bay's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Aston Bay Trading Alerts and Improvement Suggestions
| Aston Bay Holdings generated a negative expected return over the last 90 days | |
| Aston Bay Holdings has high historical volatility and very poor performance | |
| Aston Bay Holdings has some characteristics of a very speculative penny stock | |
| Aston Bay Holdings has a very high chance of going through financial distress in the upcoming years | |
| Aston Bay Holdings has accumulated 532.23 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Aston Bay Holdings has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Aston Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Aston Bay's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aston Bay Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aston to invest in growth at high rates of return. When we think about Aston Bay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.29 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Aston Bay Holdings has accumulated about 111.51 K in cash with (2.46 M) of positive cash flow from operations. |
Aston Bay Returns Distribution Density
The distribution of Aston Bay's historical returns is an attempt to chart the uncertainty of Aston Bay's future price movements. The chart of the probability distribution of Aston Bay daily returns describes the distribution of returns around its average expected value. We use Aston Bay Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aston Bay returns is essential to provide solid investment advice for Aston Bay.
| Mean Return | -0.77 | Value At Risk | -10.53 | Potential Upside | 9.09 | Standard Deviation | 5.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aston Bay 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.
Aston Bay Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (29.5K) | (296.5K) | 37.2K | (52.6K) | 549.1K | 576.6K | |
| Free Cash Flow | (2.4M) | (1.2M) | (940.2K) | (221.6K) | (2.5M) | (2.6M) | |
| Other Non Cash Items | 69.3K | 9.5K | 36.3K | 319.0K | 1.9M | 2.0M | |
| Net Income | (1.9M) | (1.4M) | (1.7M) | (725.1K) | (3.3M) | (3.1M) | |
| End Period Cash Flow | 315.7K | 19.2K | 56.4K | 3.8K | 552.9K | 601.2K | |
| Change To Netincome | 181.1K | 190.1K | 128.7K | 77.7K | 69.9K | 66.4K | |
| Investments | (2.5M) | (5.1M) | (961.8K) | (967.0K) | (870.3K) | (913.8K) |
Aston Bay 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 Aston Bay or Metals & Mining 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 Aston Bay's price will be affected by overall stock 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 Aston stock'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 | -0.93 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 5.39 | |
Ir | Information ratio | -0.16 |
Aston Bay Volatility Alert
Aston Bay Holdings exhibits very low volatility with skewness of 0.03 and kurtosis of 0.99. Aston Bay Holdings is a penny stock. Although Aston Bay may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Aston Bay Holdings. 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 Aston instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Aston Bay Fundamentals Vs Peers
Comparing Aston Bay'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 Aston Bay's direct or indirect competition across all of the common fundamentals between Aston Bay and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aston Bay or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aston Bay's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aston Bay by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Aston Bay to competition |
| Fundamentals | Aston Bay | Peer Average |
| Return On Equity | -0.21 | -0.31 |
| Return On Asset | -1.24 | -0.14 |
| Current Valuation | 17.8 M | 16.62 B |
| Shares Outstanding | 252.95 M | 571.82 M |
| Shares Owned By Insiders | 6.32 % | 10.09 % |
| Shares Owned By Institutions | 2.33 % | 39.21 % |
| Number Of Shares Shorted | 487 | 4.71 M |
| Price To Earning | (7.19) X | 28.72 X |
| Price To Book | 8.23 X | 9.51 X |
| EBITDA | (3.07 M) | 3.9 B |
| Net Income | (3.29 M) | 570.98 M |
| Cash And Equivalents | 111.51 K | 2.7 B |
| Total Debt | 532.23 K | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 0.32 X | 2.16 X |
| Book Value Per Share | 0.01 X | 1.93 K |
| Cash Flow From Operations | (2.46 M) | 971.22 M |
| Short Ratio | 0.27 X | 4.00 X |
| Earnings Per Share | (0.02) X | 3.12 X |
| Beta | -0.16 | -0.15 |
| Market Capitalization | 17.71 M | 19.03 B |
| Total Asset | 665.23 K | 29.47 B |
| Retained Earnings | (28.88 M) | 9.33 B |
| Working Capital | (393.44 K) | 1.48 B |
| Net Asset | 665.23 K |
Aston Bay Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aston . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 0.07 | |||
| Day Typical Price | 0.07 | |||
| Price Action Indicator | 0.0025 | |||
| Period Momentum Indicator | 0.005 |
About Aston Bay Buy or Sell Advice
When is the right time to buy or sell Aston Bay Holdings? Buying financial instruments such as Aston Stock 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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Additional Tools for Aston Stock Analysis
When running Aston Bay's price analysis, check to measure Aston Bay'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 Aston Bay is operating at the current time. Most of Aston Bay's value examination focuses on studying past and present price action to predict the probability of Aston Bay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aston Bay's price. Additionally, you may evaluate how the addition of Aston Bay to your portfolios can decrease your overall portfolio volatility.