Aris Mining Net Income
| ARMNDelisted Stock | 19.16 0.26 1.38% |
As of the 2nd of March, Aris Mining shows the Mean Deviation of 2.78, downside deviation of 5.08, and Risk Adjusted Performance of 0.1762. Aris Mining technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Aris Mining's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Aris Mining's valuation are provided below:Aris Mining does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Aris |
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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, Aris Mining reported net income of 23.4 M. This is 294.46% lower than that of the Metals & Mining sector and 116.88% lower than that of the Materials industry. The net income for all United States stocks is 95.9% higher than that of the company.
Aris Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aris Mining'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 Aris Mining could also be used in its relative valuation, which is a method of valuing Aris Mining by comparing valuation metrics of similar companies.Aris Mining is currently under evaluation in net income category among its peers.
Aris Fundamentals
| Return On Equity | 0.0389 | ||||
| Return On Asset | 0.0824 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 3.89 B | ||||
| Shares Outstanding | 204.54 M | ||||
| Shares Owned By Insiders | 2.28 % | ||||
| Shares Owned By Institutions | 60.20 % | ||||
| Number Of Shares Shorted | 1.79 M | ||||
| Price To Book | 3.24 X | ||||
| Price To Sales | 4.92 X | ||||
| Revenue | 510.6 M | ||||
| Gross Profit | 396.84 M | ||||
| EBITDA | 152.23 M | ||||
| Net Income | 23.4 M | ||||
| Total Debt | 520.57 M | ||||
| Book Value Per Share | 5.56 X | ||||
| Cash Flow From Operations | 96.03 M | ||||
| Short Ratio | 1.38 X | ||||
| Earnings Per Share | 0.27 X | ||||
| Number Of Employees | 12 | ||||
| Beta | 1.68 | ||||
| Market Capitalization | 3.79 B | ||||
| Total Asset | 1.99 B | ||||
| Retained Earnings | (190.86 M) | ||||
| Working Capital | 216.26 M | ||||
| Net Asset | 1.99 B | ||||
| Last Dividend Paid | 0.03 |
About Aris Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aris Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aris Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aris Mining 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 Aris Mining
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 Aris Mining 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 Aris Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Aris Stock
| 0.74 | B | Barrick Mining Symbol Change | PairCorr |
| 0.85 | BP60 | ALMA METALS LTD | PairCorr |
| 0.82 | AA | Alcoa Corp | PairCorr |
| 0.81 | AG | First Majestic Silver Aggressive Push | PairCorr |
Moving against Aris Stock
The ability to find closely correlated positions to Aris Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aris Mining 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 Aris Mining - 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 Aris Mining to buy it.
The correlation of Aris Mining 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 Aris Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aris Mining 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 Aris Mining 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 state. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Aris Stock
If you are still planning to invest in Aris Mining 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 Aris Mining's history and understand the potential risks before investing.
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