Auriant Mining Cash Per Share vs. Market Capitalization
| AUR Stock | SEK 1.40 0.40 40.00% |
For Auriant Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Auriant Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Auriant Mining AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Auriant Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Auriant Mining AB over time as well as its relative position and ranking within its peers.
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Auriant Mining AB Market Capitalization vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Auriant Mining's current stock value. Our valuation model uses many indicators to compare Auriant Mining value to that of its competitors to determine the firm's financial worth. Auriant Mining AB is number one stock in cash per share category among its peers. It also is number one stock in market capitalization category among its peers creating about 4,379,242,400 of Market Capitalization per Cash Per Share. 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 Auriant Mining's earnings, one of the primary drivers of an investment's value.Auriant Market Capitalization vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.03 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Auriant Mining |
| = | 131.38 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Auriant Market Capitalization vs Competition
Auriant Mining AB is number one stock in market capitalization category among its peers. Market capitalization of Gold industry is presently estimated at about 19.03 Billion. Auriant Mining maintains roughly 131.38 Million in market capitalization contributing less than 1% to equities under Gold industry.
Auriant Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Auriant Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Auriant Mining will eventually generate negative long term returns. The profitability progress is the general direction of Auriant Mining's change in net profit over the period of time. It can combine multiple indicators of Auriant 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.
Auriant Mining AB , a junior mining company, explores for and produces gold in Russia. Auriant Mining AB is a subsidiary of Bertil Holdings Limited. Auriant Mining operates under Gold classification in Sweden and is traded on Stockholm Stock Exchange. It employs 445 people.
Auriant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Auriant 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 Auriant 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 Auriant Mining's important profitability drivers and their relationship over time.
Use Auriant 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 Auriant 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 Auriant Mining will appreciate offsetting losses from the drop in the long position's value.Auriant Mining Pair Trading
Auriant Mining AB Pair Trading Analysis
The ability to find closely correlated positions to Auriant 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 Auriant 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 Auriant 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 Auriant Mining AB to buy it.
The correlation of Auriant 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 Auriant Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auriant Mining AB 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 Auriant 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 Auriant Mining position
In addition to having Auriant 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?
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Companies producing farming products and providing services for farmers. The Farming theme has 44 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 Farming Theme or any other thematic opportunities.
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Additional Tools for Auriant Stock Analysis
When running Auriant Mining's price analysis, check to measure Auriant 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 Auriant Mining is operating at the current time. Most of Auriant Mining's value examination focuses on studying past and present price action to predict the probability of Auriant 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 Auriant Mining's price. Additionally, you may evaluate how the addition of Auriant Mining to your portfolios can decrease your overall portfolio volatility.