Aurion Resources Current Valuation vs. Current Ratio
| AU Stock | CAD 0.62 0.01 1.64% |
For Aurion Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurion Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurion Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurion Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurion Resources over time as well as its relative position and ranking within its peers.
Aurion |
Aurion Resources Current Ratio vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurion Resources's current stock value. Our valuation model uses many indicators to compare Aurion Resources value to that of its competitors to determine the firm's financial worth. Aurion Resources is rated fifth in current valuation category among its peers. It is number one stock in current ratio category among its peers . The ratio of Current Valuation to Current Ratio for Aurion Resources is about 5,895,378 . At this time, Aurion Resources' Current Ratio 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 Aurion Resources' earnings, one of the primary drivers of an investment's value.Aurion Current Valuation vs. Competition
Aurion Resources is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 4.85 Billion. Aurion Resources claims roughly 82 Million in current valuation contributing just under 2% to all equities under Materials industry.
Aurion Current Ratio vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Aurion Resources |
| = | 82 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Aurion Resources |
| = | 13.91 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Aurion Current Ratio Comparison
Aurion Resources is currently under evaluation in current ratio category among its peers.
Aurion Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurion Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurion Resources will eventually generate negative long term returns. The profitability progress is the general direction of Aurion Resources' change in net profit over the period of time. It can combine multiple indicators of Aurion Resources, 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 | 17.4 M | 18.3 M | |
| Operating Income | -4.1 M | -3.9 M | |
| Net Loss | -6 M | -5.7 M | |
| Income Tax Expense | 256.6 K | 269.4 K | |
| Income Before Tax | -5.8 M | -5.5 M | |
| Total Other Income Expense Net | -1.6 M | -1.6 M | |
| Net Loss | -6 M | -5.7 M | |
| Net Loss | -6.6 M | -6.3 M | |
| Net Interest Income | 316.3 K | 199.4 K | |
| Interest Income | 323.9 K | 215.3 K | |
| Change To Netincome | 5 M | 5.2 M | |
| Net Loss | (0.05) | (0.05) | |
| Income Quality | 0.41 | 0.53 | |
| Net Income Per E B T | 0.84 | 0.74 |
Aurion Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurion Resources. 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 Aurion Resources 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 Aurion Resources' important profitability drivers and their relationship over time.
Use Aurion Resources 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 Aurion Resources 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 Aurion Resources will appreciate offsetting losses from the drop in the long position's value.Aurion Resources Pair Trading
Aurion Resources Pair Trading Analysis
The ability to find closely correlated positions to Aurion Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurion Resources 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 Aurion Resources - 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 Aurion Resources to buy it.
The correlation of Aurion Resources 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 Aurion Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurion Resources 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 Aurion Resources 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 Aurion Resources position
In addition to having Aurion Resources 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 Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 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 Momentum Theme or any other thematic opportunities.
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Additional Tools for Aurion Stock Analysis
When running Aurion Resources' price analysis, check to measure Aurion Resources' 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 Aurion Resources is operating at the current time. Most of Aurion Resources' value examination focuses on studying past and present price action to predict the probability of Aurion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurion Resources' price. Additionally, you may evaluate how the addition of Aurion Resources to your portfolios can decrease your overall portfolio volatility.