African Agriculture Holdings Stock Return On Equity
| AAGRDelisted Stock | 0.01 0.01 40.30% |
African Agriculture Holdings fundamentals help investors to digest information that contributes to African Agriculture's financial success or failures. It also enables traders to predict the movement of African Stock. The fundamental analysis module provides a way to measure African Agriculture's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to African Agriculture stock.
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African Agriculture Holdings Company Return On Equity Analysis
African Agriculture's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, African Agriculture Holdings has a Return On Equity of 0.0. This is 100.0% lower than that of the Food Products sector and 100.0% lower than that of the Consumer Staples industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
African Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses African Agriculture's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of African Agriculture could also be used in its relative valuation, which is a method of valuing African Agriculture by comparing valuation metrics of similar companies.African Agriculture is currently under evaluation in return on equity category among its peers.
African Fundamentals
| Return On Asset | -1.97 | ||||
| Operating Margin | (36.58) % | ||||
| Current Valuation | 20.28 M | ||||
| Shares Outstanding | 57.87 M | ||||
| Shares Owned By Insiders | 53.20 % | ||||
| Shares Owned By Institutions | 27.42 % | ||||
| Number Of Shares Shorted | 131.72 K | ||||
| Price To Sales | 4.95 X | ||||
| Revenue | 1.82 M | ||||
| EBITDA | (40.98 M) | ||||
| Net Income | (43.06 M) | ||||
| Total Debt | 11.74 M | ||||
| Book Value Per Share | (0.42) X | ||||
| Cash Flow From Operations | (3.97 M) | ||||
| Short Ratio | 0.46 X | ||||
| Earnings Per Share | (0.80) X | ||||
| Number Of Employees | 85 | ||||
| Beta | -0.79 | ||||
| Market Capitalization | 8.65 M | ||||
| Total Asset | 18.38 M | ||||
| Retained Earnings | (83.62 M) | ||||
| Working Capital | (26.61 M) | ||||
| Net Asset | 18.38 M |
About African Agriculture Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze African Agriculture Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of African Agriculture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of African Agriculture Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with African Agriculture
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 African Agriculture 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 African Agriculture will appreciate offsetting losses from the drop in the long position's value.Moving against African Stock
| 0.74 | CHSCL | CHS Inc CL | PairCorr |
| 0.7 | K | Kellanova | PairCorr |
| 0.69 | KR | Kroger Company Earnings Call This Week | PairCorr |
| 0.68 | BJ | BJs Wholesale Club | PairCorr |
| 0.66 | CALM | Cal Maine Foods | PairCorr |
The ability to find closely correlated positions to African Agriculture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace African Agriculture 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 African Agriculture - 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 African Agriculture Holdings to buy it.
The correlation of African Agriculture 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 African Agriculture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if African Agriculture 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 African Agriculture 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 price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in African Stock
If you are still planning to invest in African Agriculture 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 African Agriculture's history and understand the potential risks before investing.
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