Aspinwall Total Debt vs. Shares Outstanding
| ASPINWALL | 281.55 1.60 0.57% |
For Aspinwall profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aspinwall to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aspinwall and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aspinwall's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aspinwall and over time as well as its relative position and ranking within its peers.
Aspinwall |
Aspinwall Shares Outstanding vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aspinwall's current stock value. Our valuation model uses many indicators to compare Aspinwall value to that of its competitors to determine the firm's financial worth. Aspinwall and is the top company in total debt category among its peers. It also is number one stock in shares outstanding category among its peers creating about 0.03 of Shares Outstanding per Total Debt. The ratio of Total Debt to Shares Outstanding for Aspinwall and is roughly 37.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aspinwall by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aspinwall's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Aspinwall Total Debt vs. Competition
Aspinwall and is the top company in total debt category among its peers. Total debt of Consumer Staples industry is presently estimated at about 472.97 Billion. Aspinwall adds roughly 292.3 Million in total debt claiming only tiny portion of stocks in Consumer Staples industry.
Aspinwall Shares Outstanding vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Aspinwall |
| = | 292.3 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Aspinwall |
| = | 7.82 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Aspinwall Shares Outstanding Comparison
Aspinwall is currently under evaluation in shares outstanding category among its peers.
Aspinwall Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aspinwall. 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 Aspinwall 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 Aspinwall's important profitability drivers and their relationship over time.
Use Aspinwall 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 Aspinwall 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 Aspinwall will appreciate offsetting losses from the drop in the long position's value.Aspinwall Pair Trading
Aspinwall and Pair Trading Analysis
The ability to find closely correlated positions to Aspinwall could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspinwall 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 Aspinwall - 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 Aspinwall and to buy it.
The correlation of Aspinwall 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 Aspinwall moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspinwall 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 Aspinwall 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 Aspinwall position
In addition to having Aspinwall 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 Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Other Information on Investing in Aspinwall Stock
To fully project Aspinwall's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aspinwall at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Aspinwall's income statement, its balance sheet, and the statement of cash flows.