Alvr Old Stock Net Income
| ALVRDelisted Stock | USD 9.81 0.26 2.72% |
Fundamental analysis of ALVR Old allows traders to better anticipate movements in ALVR Old's stock price by examining its financial health and performance throughout various phases of its business cycle.
ALVR |
ALVR Old Company Net Income Analysis
ALVR Old'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 ALVR Old Net Income | (58.77 M) |
Most of ALVR Old'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, ALVR Old 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.
CompetitionBased on the recorded statements, ALVR Old reported net income of (58.77 Million). This is 117.22% lower than that of the Biotechnology sector and 183.9% lower than that of the Health Care industry. The net income for all United States stocks is 110.29% higher than that of the company.
ALVR Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALVR Old'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 ALVR Old could also be used in its relative valuation, which is a method of valuing ALVR Old by comparing valuation metrics of similar companies.ALVR Old is currently under evaluation in net income category among its peers.
ALVR Fundamentals
| Return On Equity | -0.8 | |||
| Return On Asset | -0.37 | |||
| Current Valuation | (69.57 M) | |||
| Shares Outstanding | 115.36 M | |||
| Shares Owned By Insiders | 49.11 % | |||
| Shares Owned By Institutions | 42.94 % | |||
| Number Of Shares Shorted | 64.61 K | |||
| Price To Book | 0.43 X | |||
| Gross Profit | 165 K | |||
| EBITDA | (65.44 M) | |||
| Net Income | (58.77 M) | |||
| Cash And Equivalents | 172.67 M | |||
| Cash Per Share | 1.91 X | |||
| Total Debt | 5.24 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 8.18 X | |||
| Book Value Per Share | 1.05 X | |||
| Cash Flow From Operations | (67.7 M) | |||
| Short Ratio | 26.44 X | |||
| Earnings Per Share | (0.90) X | |||
| Price To Earnings To Growth | (0.06) X | |||
| Target Price | 1.2 | |||
| Beta | 0.74 | |||
| Market Capitalization | 85.25 M | |||
| Total Asset | 118.55 M | |||
| Retained Earnings | (714.96 M) | |||
| Working Capital | 113.31 M | |||
| Current Asset | 61.62 M | |||
| Current Liabilities | 53.23 M | |||
| Net Asset | 118.55 M |
About ALVR Old Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALVR Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALVR Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALVR Old 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 ALVR Old
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 ALVR Old 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 ALVR Old will appreciate offsetting losses from the drop in the long position's value.Moving against ALVR Stock
| 0.62 | CAT | Caterpillar | PairCorr |
| 0.53 | IBM | International Business | PairCorr |
| 0.52 | IRNRF | Iron Road Limited | PairCorr |
| 0.52 | AXP | American Express | PairCorr |
| 0.52 | CSCO | Cisco Systems | PairCorr |
The ability to find closely correlated positions to ALVR Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ALVR Old 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 ALVR Old - 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 ALVR Old to buy it.
The correlation of ALVR Old 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 ALVR Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ALVR Old 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 ALVR Old 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 services. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in ALVR Stock
If you are still planning to invest in ALVR Old 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 ALVR Old's history and understand the potential risks before investing.
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