American Battery Price To Book vs. Book Value Per Share
| ABMLDelisted Stock | USD 0.68 0.01 1.49% |
For American Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American Battery Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American Battery Metals over time as well as its relative position and ranking within its peers.
American |
American Battery Metals Book Value Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining American Battery's current stock value. Our valuation model uses many indicators to compare American Battery value to that of its competitors to determine the firm's financial worth. American Battery Metals is number one stock in price to book category among its peers. It also is number one stock in book value per share category among its peers creating about 0.01 of Book Value Per Share per Price To Book. The ratio of Price To Book to Book Value Per Share for American Battery Metals is roughly 99.49 . 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 American Battery's earnings, one of the primary drivers of an investment's value.American Book Value Per Share vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
American Battery |
| = | 7.26 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
American Battery |
| = | 0.07 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.
American Book Value Per Share Comparison
American Battery is currently under evaluation in book value per share category among its peers.
American Battery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in American Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American Battery will eventually generate negative long term returns. The profitability progress is the general direction of American Battery's change in net profit over the period of time. It can combine multiple indicators of American Battery, 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.
American Battery Technology Company, a battery materials company, engages in supplying battery metals. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada. American Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
American Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on American Battery. 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 American Battery 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 American Battery's important profitability drivers and their relationship over time.
Use American Battery 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 American Battery 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 American Battery will appreciate offsetting losses from the drop in the long position's value.American Battery Pair Trading
American Battery Metals Pair Trading Analysis
The ability to find closely correlated positions to American Battery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Battery 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 American Battery - 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 American Battery Metals to buy it.
The correlation of American Battery 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 American Battery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Battery Metals 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 American Battery 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.Use Investing Themes to Complement your American Battery position
In addition to having American Battery 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?
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in American OTC Stock
If you are still planning to invest in American Battery Metals 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 American Battery's history and understand the potential risks before investing.
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