Adx Stock Net Income
| ADX Stock | 0.27 0.01 3.57% |
ADX fundamentals help investors to digest information that contributes to ADX's financial success or failures. It also enables traders to predict the movement of ADX Stock. The fundamental analysis module provides a way to measure ADX'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 ADX stock.
ADX |
ADX Company Net Income Analysis
ADX's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current ADX Net Income | (1.08 M) |
Most of ADX's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ADX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, ADX reported net income of (1.08 Million). This is much lower than that of the sector and significantly lower than that of the Household Durables industry. The net income for all Poland stocks is notably higher than that of the company.
ADX Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADX's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ADX could also be used in its relative valuation, which is a method of valuing ADX by comparing valuation metrics of similar companies.ADX is currently under evaluation in net income category among its peers.
ADX Fundamentals
| Return On Equity | -2.84 | |||
| Net Income | (1.08 M) | |||
| Total Debt | 35.23 K | |||
| Cash Flow From Operations | (37.02 M) | |||
| Earnings Per Share | (0.08) X | |||
| Market Capitalization | 68.25 M | |||
| Total Asset | 44.07 M | |||
| Net Asset | 44.07 M |
About ADX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ADX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ADX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ADX 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 ADX
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 ADX 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 ADX will appreciate offsetting losses from the drop in the long position's value.Moving against ADX Stock
The ability to find closely correlated positions to ADX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADX 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 ADX - 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 ADX to buy it.
The correlation of ADX 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 ADX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADX 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 ADX 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.Additional Tools for ADX Stock Analysis
When running ADX's price analysis, check to measure ADX'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 ADX is operating at the current time. Most of ADX's value examination focuses on studying past and present price action to predict the probability of ADX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADX's price. Additionally, you may evaluate how the addition of ADX to your portfolios can decrease your overall portfolio volatility.