Whitebox Advisors LLC Purchases 389,760 Shares of American Axle Manufacturing Holdings, Inc.
AXL Stock | USD 6.76 0.12 1.74% |
About 67% of American Axle's investor base is looking to short. The analysis of overall sentiment of trading American Axle Manufacturing stock suggests that many investors are alarmed at this time. American Axle's investing sentiment shows overall attitude of investors towards American Axle Manufacturing.
American |
Whitebox Advisors LLC raised its holdings in shares of American Axle Manufacturing Holdings, Inc. by 38.0 percent in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 1,415,173 shares of the auto parts companys stock after buying an additional
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American Axle Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards American Axle can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
American Axle Fundamental Analysis
We analyze American Axle's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Axle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Axle 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.
Current Asset
Current Asset Comparative Analysis
American Axle is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
American Axle Manufa Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with American Axle stock to make a market-neutral strategy. Peer analysis of American Axle could also be used in its relative valuation, which is a method of valuing American Axle by comparing valuation metrics with similar companies.
Peers
American Axle Related Equities
GM | GM | 0.44 | ||||
F | Ford | 0.19 | ||||
GT | Goodyear Tire | 0.40 | ||||
TM | Toyota | 0.59 | ||||
ZK | ZEEKR Intelligent | 1.84 | ||||
DORM | Dorman Products | 1.87 | ||||
LI | Li Auto | 2.59 |
Check out American Axle Hype Analysis, American Axle Correlation and American Axle Performance. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.204 | Earnings Share 0.23 | Revenue Per Share 52.894 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0307 |
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.