Allkem Return On Asset vs. EBITDA
| OROCFDelisted Stock | USD 9.98 0.25 2.44% |
For Allkem profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allkem to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allkem utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allkem's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allkem over time as well as its relative position and ranking within its peers.
Allkem |
Allkem EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allkem's current stock value. Our valuation model uses many indicators to compare Allkem value to that of its competitors to determine the firm's financial worth. Allkem is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 5,436,207,265 of EBITDA per Return On Asset. 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 Allkem's earnings, one of the primary drivers of an investment's value.Allkem EBITDA vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Allkem |
| = | 0.0936 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Allkem |
| = | 508.83 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Allkem EBITDA Comparison
Allkem is currently under evaluation in ebitda category among its peers.
Allkem Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allkem, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allkem will eventually generate negative long term returns. The profitability progress is the general direction of Allkem's change in net profit over the period of time. It can combine multiple indicators of Allkem, 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.
Allkem Limited engages in the production and sale of lithium and boron in Argentina. The company was incorporated in 2005 and is headquartered in Brisbane, Australia. Orocobre operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Allkem Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allkem. 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 Allkem 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 Allkem's important profitability drivers and their relationship over time.
Use Allkem 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 Allkem 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 Allkem will appreciate offsetting losses from the drop in the long position's value.Allkem Pair Trading
Allkem Pair Trading Analysis
The ability to find closely correlated positions to Allkem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allkem 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 Allkem - 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 Allkem to buy it.
The correlation of Allkem 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 Allkem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allkem 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 Allkem 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 Allkem position
In addition to having Allkem 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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Climate Change
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Allkem Pink Sheet
If you are still planning to invest in Allkem check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allkem's history and understand the potential risks before investing.
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