Avatar Ventures Corp Stock Net Income
| ATAR Stock | USD 0.0001 0.00 0.00% |
Fundamental analysis of Avatar Ventures allows traders to better anticipate movements in Avatar Ventures' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -68.5 K | -71.9 K | |
| Net Loss | -68.5 K | -71.9 K | |
| Net Loss | -68.5 K | -71.9 K |
Avatar | Net Income | Build AI portfolio with Avatar Stock |
Avatar Ventures Corp Company Net Income Analysis
Avatar Ventures' 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 Avatar Ventures Net Income | (76.08 K) |
Most of Avatar Ventures' 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, Avatar Ventures Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Avatar Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Avatar Ventures is extremely important. It helps to project a fair market value of Avatar Stock properly, considering its historical fundamentals such as Net Income. Since Avatar Ventures' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avatar Ventures' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avatar Ventures' interrelated accounts and indicators.
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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.
| Competition |
Based on the recorded statements, Avatar Ventures Corp reported net income of (76,085). This is 100.02% lower than that of the Consumer Goods sector and 100.1% lower than that of the Auto Parts industry. The net income for all United States stocks is 100.01% higher than that of the company.
Avatar Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avatar Ventures' 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 Avatar Ventures could also be used in its relative valuation, which is a method of valuing Avatar Ventures by comparing valuation metrics of similar companies.Avatar Ventures is currently under evaluation in net income category among its peers.
Avatar Fundamentals
| Return On Equity | -1.06 | ||||
| Return On Asset | -0.58 | ||||
| Current Valuation | 72.95 K | ||||
| Shares Outstanding | 72.95 M | ||||
| Price To Book | 17.45 X | ||||
| Net Income | (76.08 K) | ||||
| Cash And Equivalents | 49 | ||||
| Total Debt | 98.35 K | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (2.19 K) | ||||
| Beta | -66.12 | ||||
| Market Capitalization | 7.29 K | ||||
| Total Asset | 23.59 K | ||||
| Retained Earnings | (1.05 M) | ||||
| Working Capital | (37 K) | ||||
| Current Asset | 6 K | ||||
| Current Liabilities | 43 K | ||||
| Net Asset | 23.59 K |
About Avatar Ventures Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avatar Ventures Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avatar Ventures using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avatar Ventures Corp 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 Avatar Ventures
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 Avatar Ventures 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 Avatar Ventures will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Avatar Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avatar Ventures 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 Avatar Ventures - 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 Avatar Ventures Corp to buy it.
The correlation of Avatar Ventures 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 Avatar Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avatar Ventures Corp 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 Avatar Ventures 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 Avatar Stock Analysis
When running Avatar Ventures' price analysis, check to measure Avatar Ventures' 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 Avatar Ventures is operating at the current time. Most of Avatar Ventures' value examination focuses on studying past and present price action to predict the probability of Avatar Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avatar Ventures' price. Additionally, you may evaluate how the addition of Avatar Ventures to your portfolios can decrease your overall portfolio volatility.