Aloro Mining Net Income vs. Return On Equity
| AORO Stock | CAD 0.01 0.00 0.00% |
Net Loss | First Reported 2019-06-30 | Previous Quarter -91 K | Current Value -87.2 K | Quarterly Volatility 41.5 K |
For Aloro Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aloro Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aloro Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aloro Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aloro Mining Corp over time as well as its relative position and ranking within its peers.
Aloro |
Aloro Mining Corp Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aloro Mining's current stock value. Our valuation model uses many indicators to compare Aloro Mining value to that of its competitors to determine the firm's financial worth. Aloro Mining Corp is rated second in net income category among its peers. It is rated below average in return on equity category among its peers . At this time, Aloro Mining's Net Loss is fairly stable compared to the past year. 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 Aloro Mining's earnings, one of the primary drivers of an investment's value.Aloro Return On Equity vs. Net Income
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.
Aloro Mining |
| = | (390.3 K) |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Aloro Mining |
| = | -6.43 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Aloro Return On Equity Comparison
Aloro Mining is currently under evaluation in return on equity category among its peers.
Aloro Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aloro Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aloro Mining will eventually generate negative long term returns. The profitability progress is the general direction of Aloro Mining's change in net profit over the period of time. It can combine multiple indicators of Aloro Mining, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -13.9 K | -14.6 K | |
| Operating Income | -361.6 K | -379.7 K | |
| Net Loss | -390.3 K | -409.8 K | |
| Income Before Tax | -390.3 K | -409.8 K | |
| Total Other Income Expense Net | -14.8 K | -14.1 K | |
| Net Loss | -453.1 K | -475.8 K | |
| Net Loss | -390.3 K | -409.8 K | |
| Change To Netincome | -22.1 K | -21 K |
Aloro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aloro Mining. 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 Aloro Mining 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 Aloro Mining's important profitability drivers and their relationship over time.
Use Aloro Mining 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 Aloro Mining 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 Aloro Mining will appreciate offsetting losses from the drop in the long position's value.Aloro Mining Pair Trading
Aloro Mining Corp Pair Trading Analysis
The ability to find closely correlated positions to Aloro Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aloro Mining 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 Aloro Mining - 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 Aloro Mining Corp to buy it.
The correlation of Aloro Mining 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 Aloro Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aloro Mining 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 Aloro Mining 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 Aloro Mining position
In addition to having Aloro Mining 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 Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 48 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 Aggressive Funds Theme or any other thematic opportunities.
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Additional Tools for Aloro Stock Analysis
When running Aloro Mining's price analysis, check to measure Aloro Mining'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 Aloro Mining is operating at the current time. Most of Aloro Mining's value examination focuses on studying past and present price action to predict the probability of Aloro Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aloro Mining's price. Additionally, you may evaluate how the addition of Aloro Mining to your portfolios can decrease your overall portfolio volatility.