Aurasource Stock EBITDA
AuraSource fundamentals help investors to digest information that contributes to AuraSource's financial success or failures. It also enables traders to predict the movement of AuraSource Pink Sheet. The fundamental analysis module provides a way to measure AuraSource'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 AuraSource pink sheet.
AuraSource |
AuraSource Company EBITDA Analysis
AuraSource's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current AuraSource EBITDA | (1.49 M) |
Most of AuraSource's fundamental indicators, such as EBITDA, 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, AuraSource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, AuraSource reported earnings before interest,tax, depreciation and amortization of (1.49 Million). This is 100.15% lower than that of the Commercial Services & Supplies sector and significantly lower than that of the Industrials industry. The ebitda for all United States stocks is 100.04% higher than that of the company.
AuraSource EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AuraSource's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of AuraSource could also be used in its relative valuation, which is a method of valuing AuraSource by comparing valuation metrics of similar companies.AuraSource is currently under evaluation in ebitda category among its peers.
AuraSource Fundamentals
| Return On Asset | -3.91 | |||
| Current Valuation | 9.49 M | |||
| Shares Outstanding | 68.6 M | |||
| Shares Owned By Insiders | 60.20 % | |||
| Price To Earning | (11.86) X | |||
| Price To Sales | 96.00 X | |||
| Gross Profit | 29.68 K | |||
| EBITDA | (1.49 M) | |||
| Net Income | (1.13 M) | |||
| Cash And Equivalents | 26.31 K | |||
| Total Debt | 2.94 M | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (44.45 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.53 | |||
| Market Capitalization | 10.98 M | |||
| Total Asset | 10.84 K | |||
| Retained Earnings | (13.28 M) | |||
| Working Capital | (2 M) | |||
| Current Asset | 531 K | |||
| Current Liabilities | 2.53 M | |||
| Net Asset | 10.84 K |
About AuraSource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AuraSource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AuraSource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AuraSource 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 AuraSource
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 AuraSource 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 AuraSource will appreciate offsetting losses from the drop in the long position's value.Moving together with AuraSource Pink Sheet
| 0.63 | BKRKF | PT Bank Rakyat Earnings Call This Week | PairCorr |
| 0.82 | BKRKY | Bank Rakyat Earnings Call This Week | PairCorr |
Moving against AuraSource Pink Sheet
| 0.91 | DIS | Walt Disney Earnings Call This Week | PairCorr |
| 0.84 | WMT | Walmart Aggressive Push | PairCorr |
| 0.75 | AXP | American Express | PairCorr |
| 0.68 | IBM | International Business Upward Rally | PairCorr |
| 0.66 | CSCO | Cisco Systems | PairCorr |
The ability to find closely correlated positions to AuraSource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AuraSource 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 AuraSource - 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 AuraSource to buy it.
The correlation of AuraSource 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 AuraSource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AuraSource 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 AuraSource 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.Other Information on Investing in AuraSource Pink Sheet
AuraSource financial ratios help investors to determine whether AuraSource 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 AuraSource with respect to the benefits of owning AuraSource security.