Aben Resources Financials
| ABNAF Stock | USD 0.04 0.01 20.39% |
Aben |
Understanding current and past Aben Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aben Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Aben Resources' assets may result in an increase in income on the income statement.
Aben Resources Stock Summary
Aben Resources competes with Newmont Goldcorp, Zijin Mining, Agnico Eagle, Barrick Gold, and Wheaton Precious. Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada. Aben Resources operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA00289T3064 |
| Business Address | 777 Dunsmuir Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.abenresources.com |
| Phone | 604 687 3376 |
| Currency | USD - US Dollar |
Aben Resources Key Financial Ratios
There are many critical financial ratios that Aben Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Aben Resources reports annually and quarterly.| Return On Equity | -0.042 | |||
| Return On Asset | -0.0257 | |||
| Beta | 1.8 |
Aben Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aben Resources's current stock value. Our valuation model uses many indicators to compare Aben Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aben Resources competition to find correlations between indicators driving Aben Resources's intrinsic value. More Info.Aben Resources is number one stock in return on equity category among its peers. It also is number one stock in return on asset 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 Aben Resources' earnings, one of the primary drivers of an investment's value.Aben Resources Systematic Risk
Aben Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aben Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was six with a total number of output elements of fifty-five. The Beta measures systematic risk based on how returns on Aben Resources correlated with the market. If Beta is less than 0 Aben Resources generally moves in the opposite direction as compared to the market. If Aben Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aben Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aben Resources is generally in the same direction as the market. If Beta > 1 Aben Resources moves generally in the same direction as, but more than the movement of the benchmark.
Aben Resources January 8, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aben Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aben Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aben Resources based on widely used predictive technical indicators. In general, we focus on analyzing Aben Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aben Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 10.24 | |||
| Information Ratio | (0.001) | |||
| Maximum Drawdown | 36.02 | |||
| Value At Risk | (15.33) | |||
| Potential Upside | 13.25 |
Complementary Tools for Aben Pink Sheet analysis
When running Aben Resources' price analysis, check to measure Aben Resources' 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 Aben Resources is operating at the current time. Most of Aben Resources' value examination focuses on studying past and present price action to predict the probability of Aben Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aben Resources' price. Additionally, you may evaluate how the addition of Aben Resources to your portfolios can decrease your overall portfolio volatility.
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