Ashanti Sankofa Stock Net Income
| AMIQFDelisted Stock | USD 0.0008 0.00 0.00% |
Ashanti Sankofa fundamentals help investors to digest information that contributes to Ashanti Sankofa's financial success or failures. It also enables traders to predict the movement of Ashanti Pink Sheet. The fundamental analysis module provides a way to measure Ashanti Sankofa's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ashanti Sankofa pink sheet.
Ashanti |
Ashanti Sankofa Company Net Income Analysis
Ashanti Sankofa's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Ashanti Sankofa Net Income | (175.04 K) |
Most of Ashanti Sankofa's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ashanti Sankofa is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Ashanti Sankofa reported net income of (175,040). This is 98.55% lower than that of the Basic Materials sector and 99.87% lower than that of the Gold industry. The net income for all United States stocks is 100.03% higher than that of the company.
Ashanti Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashanti Sankofa's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ashanti Sankofa could also be used in its relative valuation, which is a method of valuing Ashanti Sankofa by comparing valuation metrics of similar companies.Ashanti Sankofa is currently under evaluation in net income category among related companies.
Ashanti Fundamentals
| Return On Equity | -5.78 | |||
| Return On Asset | -0.24 | |||
| Current Valuation | 69.33 K | |||
| Shares Outstanding | 51.9 M | |||
| Shares Owned By Insiders | 23.34 % | |||
| Price To Earning | 2.08 X | |||
| Price To Book | 5.19 X | |||
| EBITDA | (171.41 K) | |||
| Net Income | (175.04 K) | |||
| Cash And Equivalents | 14.37 K | |||
| Total Debt | 37.84 K | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 0.04 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (83.19 K) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 14 | |||
| Beta | 0.93 | |||
| Market Capitalization | 831.9 K | |||
| Total Asset | 347.32 K | |||
| Z Score | 12.6 | |||
| Net Asset | 347.32 K |
About Ashanti Sankofa Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ashanti Sankofa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashanti Sankofa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashanti Sankofa based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ashanti Sankofa in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ashanti Sankofa's short interest history, or implied volatility extrapolated from Ashanti Sankofa options trading.
Pair Trading with Ashanti Sankofa
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 Ashanti Sankofa 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 Ashanti Sankofa will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ashanti Sankofa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashanti Sankofa 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 Ashanti Sankofa - 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 Ashanti Sankofa to buy it.
The correlation of Ashanti Sankofa 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 Ashanti Sankofa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashanti Sankofa 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 Ashanti Sankofa 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Ashanti Pink Sheet
If you are still planning to invest in Ashanti Sankofa 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 Ashanti Sankofa's history and understand the potential risks before investing.
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