First America Current Valuation vs. Z Score
| FSTJ Stock | USD 0.51 0.00 0.00% |
For First America profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First America to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First America Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First America's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First America Resources over time as well as its relative position and ranking within its peers.
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First America Resources Z Score vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First America's current stock value. Our valuation model uses many indicators to compare First America value to that of its competitors to determine the firm's financial worth. First America Resources is rated # 5 in current valuation category among its peers. It is one of the top stocks in z score category among its peers . 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 First America's earnings, one of the primary drivers of an investment's value.First Current Valuation vs. Competition
First America Resources is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Shell Companies industry is currently estimated at about 66.38 Million. First America holds roughly 2.6 Million in current valuation claiming about 4% of equities listed under Shell Companies industry.
First Z Score 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.
First America |
| = | 2.6 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.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
First America |
| = | -26.7 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
First Z Score Comparison
First America is currently under evaluation in z score category among its peers.
First America Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First America, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First America will eventually generate negative long term returns. The profitability progress is the general direction of First America's change in net profit over the period of time. It can combine multiple indicators of First America, 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.
First America Resources Corporation does not have significant operations. The company was incorporated in 2010 and is based in Morris, Illinois. First America is traded on OTC Exchange in the United States.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First America. 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 First America 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 First America's important profitability drivers and their relationship over time.
Use First America 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 First America 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 First America will appreciate offsetting losses from the drop in the long position's value.First America Pair Trading
First America Resources Pair Trading Analysis
The ability to find closely correlated positions to First America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First America 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 First America - 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 First America Resources to buy it.
The correlation of First America 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 First America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First America 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 First America 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 First America position
In addition to having First America 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 Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 6 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 Soft Drinks Theme or any other thematic opportunities.
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Other Information on Investing in First Pink Sheet
To fully project First America's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First America Resources 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 First America's income statement, its balance sheet, and the statement of cash flows.