Astor Explorations Corp Stock Net Income
| ATORDelisted Stock | USD 0.10 0.00 0.00% |
Fundamental analysis of Astor Explorations allows traders to better anticipate movements in Astor Explorations' stock price by examining its financial health and performance throughout various phases of its business cycle.
Astor |
Astor Explorations Corp Company Net Income Analysis
Astor Explorations' 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.
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, Astor Explorations Corp reported net income of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The net income for all United States stocks is 100.0% higher than that of the company.
Astor Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Astor Explorations' 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 Astor Explorations could also be used in its relative valuation, which is a method of valuing Astor Explorations by comparing valuation metrics of similar companies.Astor Explorations is currently under evaluation in net income category among its peers.
Astor Fundamentals
| Current Valuation | 4.21 M | |||
| Shares Outstanding | 42.14 M | |||
| Beta | -3.11 | |||
| Market Capitalization | 4.21 M |
About Astor Explorations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Astor Explorations Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astor Explorations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astor Explorations 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 Astor Explorations
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 Astor Explorations 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 Astor Explorations will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Astor Explorations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astor Explorations 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 Astor Explorations - 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 Astor Explorations Corp to buy it.
The correlation of Astor Explorations 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 Astor Explorations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astor Explorations 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 Astor Explorations 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 metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Astor Stock
If you are still planning to invest in Astor Explorations Corp 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 Astor Explorations' history and understand the potential risks before investing.
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