Axion Power International Stock Working Capital
| AXPWQDelisted Stock | USD 0.0001 0.00 0.00% |
Axion Power International fundamentals help investors to digest information that contributes to Axion Power's financial success or failures. It also enables traders to predict the movement of Axion Pink Sheet. The fundamental analysis module provides a way to measure Axion Power'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 Axion Power pink sheet.
Axion |
Axion Power International Company Working Capital Analysis
Axion Power's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionIn accordance with the company's disclosures, Axion Power International has a Working Capital of 0.0. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.
Axion Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Axion Power's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Axion Power could also be used in its relative valuation, which is a method of valuing Axion Power by comparing valuation metrics of similar companies.Axion Power is currently under evaluation in working capital category among its peers.
Axion Fundamentals
| Return On Asset | -0.54 | ||||
| Operating Margin | (82.62) % | ||||
| Current Valuation | 4.29 M | ||||
| Shares Outstanding | 95.95 M | ||||
| Shares Owned By Institutions | 0.02 % | ||||
| Number Of Shares Shorted | 537 | ||||
| Price To Sales | 1.81 X | ||||
| Revenue | 58.2 K | ||||
| Gross Profit | (1.53 M) | ||||
| EBITDA | (4.52 M) | ||||
| Net Income | (10.56 M) | ||||
| Cash And Equivalents | 301 K | ||||
| Total Debt | 2.55 M | ||||
| Current Ratio | 0.03 X | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (4.12 M) | ||||
| Short Ratio | 3.45 X | ||||
| Earnings Per Share | (0.44) X | ||||
| Beta | 2497.32 | ||||
| Market Capitalization | 105.55 K | ||||
| Total Asset | 578.26 K | ||||
| Z Score | -23.1 | ||||
| Net Asset | 578.26 K |
About Axion Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Axion Power International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axion Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axion Power International 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 Axion Power
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 Axion Power 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 Axion Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Axion Pink Sheet
The ability to find closely correlated positions to Axion Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axion Power 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 Axion Power - 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 Axion Power International to buy it.
The correlation of Axion Power 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 Axion Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axion Power International 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 Axion Power 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 housing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Axion Pink Sheet
If you are still planning to invest in Axion Power International 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 Axion Power's history and understand the potential risks before investing.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |