Athena Bitcoin Book Value Per Share vs. Number Of Employees

ABIT Stock  USD 0.09  0.01  8.90%   
Considering Athena Bitcoin's profitability and operating efficiency indicators, Athena Bitcoin Global may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Athena Bitcoin's ability to earn profits and add value for shareholders.
For Athena Bitcoin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Athena Bitcoin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Athena Bitcoin Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Athena Bitcoin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Athena Bitcoin Global over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Athena Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Bitcoin'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.

Athena Bitcoin Global Number Of Employees vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Athena Bitcoin's current stock value. Our valuation model uses many indicators to compare Athena Bitcoin value to that of its competitors to determine the firm's financial worth.
Athena Bitcoin Global is rated fifth in book value per share category among its peers. It also is rated fifth in number of employees category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Athena Bitcoin's earnings, one of the primary drivers of an investment's value.

Athena Number Of Employees vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Athena Bitcoin

Book Value per Share

 = 

Common Equity

Average Shares

 = 
(0) X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Athena Bitcoin

Number of Employees

 = 

Full Time

+

Part Time

 = 
47
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Athena Number Of Employees vs Competition

Athena Bitcoin Global is rated fifth in number of employees category among its peers. The total workforce of Capital Markets industry is presently estimated at about 423,370. Athena Bitcoin adds roughly 47.0 in number of employees claiming only tiny portion of stocks in Capital Markets industry.

Athena Bitcoin Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Athena Bitcoin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Athena Bitcoin will eventually generate negative long term returns. The profitability progress is the general direction of Athena Bitcoin's change in net profit over the period of time. It can combine multiple indicators of Athena Bitcoin, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Athena Bitcoin Global develops, owns, and operates a network of Athena Bitcoin ATMs. The company was incorporated in 1991 and is based in Chicago, Illinois. Athena Bitcoin operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 58 people.

Athena Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Athena Bitcoin. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Athena Bitcoin position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Athena Bitcoin's important profitability drivers and their relationship over time.

Use Athena Bitcoin in pair-trading

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 Athena Bitcoin 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 Athena Bitcoin will appreciate offsetting losses from the drop in the long position's value.

Athena Bitcoin Pair Trading

Athena Bitcoin Global Pair Trading Analysis

The ability to find closely correlated positions to Athena Bitcoin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athena Bitcoin 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 Athena Bitcoin - 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 Athena Bitcoin Global to buy it.
The correlation of Athena Bitcoin 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 Athena Bitcoin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athena Bitcoin Global 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 Athena Bitcoin 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Athena Bitcoin position

In addition to having Athena Bitcoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Asset Allocation ETFs Thematic Idea Now

Asset Allocation ETFs
Asset Allocation ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 144 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Allocation ETFs Theme or any other thematic opportunities.
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Additional Tools for Athena Pink Sheet Analysis

When running Athena Bitcoin's price analysis, check to measure Athena Bitcoin's 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 Athena Bitcoin is operating at the current time. Most of Athena Bitcoin's value examination focuses on studying past and present price action to predict the probability of Athena Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athena Bitcoin's price. Additionally, you may evaluate how the addition of Athena Bitcoin to your portfolios can decrease your overall portfolio volatility.