Aster DM Shares Owned By Insiders vs. Cash And Equivalents
| ASTERDM Stock | 488.70 10.10 2.11% |
For Aster DM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aster DM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aster DM Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aster DM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aster DM Healthcare over time as well as its relative position and ranking within its peers.
Aster |
Aster DM Healthcare Cash And Equivalents vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aster DM's current stock value. Our valuation model uses many indicators to compare Aster DM value to that of its competitors to determine the firm's financial worth. Aster DM Healthcare is rated below average in shares owned by insiders category among its peers. It is rated fifth in cash and equivalents category among its peers creating about 9,005,328 of Cash And Equivalents per Shares Owned By Insiders. At this time, Aster DM's Cash And Equivalents is very 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 Aster DM's earnings, one of the primary drivers of an investment's value.Aster Cash And Equivalents vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Aster DM |
| = | 55.56 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Aster DM |
| = | 500.3 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Aster Cash And Equivalents Comparison
Aster DM is currently under evaluation in cash and equivalents category among its peers.
Aster DM Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aster DM, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aster DM will eventually generate negative long term returns. The profitability progress is the general direction of Aster DM's change in net profit over the period of time. It can combine multiple indicators of Aster DM, 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 | ||
| Accumulated Other Comprehensive Income | 9 B | 9.5 B | |
| Operating Income | 9.4 B | 5.4 B | |
| Income Before Tax | 2.6 B | 3.5 B | |
| Total Other Income Expense Net | -6.8 B | -7.1 B | |
| Net Income | 1.3 B | 2.5 B | |
| Income Tax Expense | 565.1 M | 349.4 M | |
| Net Income From Continuing Ops | 2 B | 3.3 B | |
| Net Income Applicable To Common Shares | 4.9 B | 2.6 B | |
| Interest Income | 3.8 B | 2.4 B | |
| Net Interest Income | -1.1 B | -1.2 B | |
| Change To Netincome | 6.3 B | 4.8 B |
Aster Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aster DM. 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 Aster DM 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 Aster DM's important profitability drivers and their relationship over time.
Use Aster DM 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 Aster DM 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 Aster DM will appreciate offsetting losses from the drop in the long position's value.Aster DM Pair Trading
Aster DM Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Aster DM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aster DM 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 Aster DM - 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 Aster DM Healthcare to buy it.
The correlation of Aster DM 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 Aster DM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aster DM Healthcare 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 Aster DM 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 Aster DM position
In addition to having Aster DM 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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Other Information on Investing in Aster Stock
To fully project Aster DM's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aster DM Healthcare 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 Aster DM's income statement, its balance sheet, and the statement of cash flows.