Able View Global Stock Today

Able View is selling for under 0.019 as of the 26th of November 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.019. Equity ratings for Able View Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
18th of August 2023
Category
Communication Services
Valuation Profit Patterns
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Able Stock Highlights

CEO ChairmanJian Zhu
Business ConcentrationAdvertising, Media & Entertainment, Communication Services, Communication Services, Media, Advertising Agencies, Communication Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.240.1776
Significantly Up
Slightly volatile
Asset Turnover3.482.7137
Significantly Up
Slightly volatile
Gross Profit Margin0.180.2484
Way Down
Slightly volatile
Total Current Liabilities23 M15.7 M
Way Up
Slightly volatile
Total Assets45 M54.9 M
Significantly Down
Slightly volatile
Total Current Assets42.1 M48.5 M
Fairly Down
Slightly volatile
Able View can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Able View's financial leverage. It provides some insight into what part of Able View's total assets is financed by creditors.
Liquidity
Able View Global has accumulated 4.65 M in total debt. Note, when we think about Able View's use of debt, we should always consider it together with its cash and equity.

Dividends Paid

54,603.15
Able View Global (ABLVW) is traded on NASDAQ Exchange in USA. It is located in Dushi Headquarters Building, Shanghai, China, 200001 and employs 98 people. Able View is listed under Advertising category by Fama And French industry classification. The company classifies itself under Media sector and is part of Communication Services industry. Able View generates positive cash flow from operations, but has no cash available
Check Able View Probability Of Bankruptcy

Able View Historical Income Statement

At this time, Able View's Depreciation And Amortization is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 924.4 K in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024. View More Fundamentals

Able Stock Against Markets

Able View Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Able View stock to make a market-neutral strategy. Peer analysis of Able View could also be used in its relative valuation, which is a method of valuing Able View by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Already Invested in Able View Global?

The danger of trading Able View Global is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Able View is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Able View. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Able View Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Able Stock Analysis

When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.