African Discovery Financials
| AFDG Stock | USD 0 0.00 0.00% |
African |
Understanding current and past African Discovery Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of African Discovery's financial statements are interrelated, with each one affecting the others. For example, an increase in African Discovery's assets may result in an increase in income on the income statement.
African Discovery Stock Summary
African Discovery competes with Black Diamond, Alta Equipment, Ashtead Group, BOC Aviation, and Fortress Transportation. African Discovery Group, Inc., through its subsidiaries, provides consulting services in Africa. African Discovery Group, Inc. is based in New York, New York. African Discovery operates under Rental Leasing Services classification in the United States and is traded on OTC Exchange. It employs 38 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 445 Park Avenue, |
| Sector | Industrials |
| Industry | Rental & Leasing Services |
| Benchmark | Dow Jones Industrial |
| Website | africandiscoverygroup.com |
| Phone | 212 307 3154 |
| Currency | USD - US Dollar |
African Discovery Key Financial Ratios
There are many critical financial ratios that African Discovery's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that African Discovery reports annually and quarterly.African Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining African Discovery's current stock value. Our valuation model uses many indicators to compare African Discovery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across African Discovery competition to find correlations between indicators driving African Discovery's intrinsic value. More Info.African Discovery Group 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 reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for African Discovery Group is roughly 3.20 . 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 African Discovery's earnings, one of the primary drivers of an investment's value.African Discovery Systematic Risk
African Discovery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. African Discovery 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on African Discovery correlated with the market. If Beta is less than 0 African Discovery generally moves in the opposite direction as compared to the market. If African Discovery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one African Discovery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of African Discovery is generally in the same direction as the market. If Beta > 1 African Discovery moves generally in the same direction as, but more than the movement of the benchmark.
African Discovery December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of African Discovery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of African Discovery Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of African Discovery Group based on widely used predictive technical indicators. In general, we focus on analyzing African Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build African Discovery's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 33.33 |
Complementary Tools for African Pink Sheet analysis
When running African Discovery's price analysis, check to measure African Discovery'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 African Discovery is operating at the current time. Most of African Discovery's value examination focuses on studying past and present price action to predict the probability of African Discovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move African Discovery's price. Additionally, you may evaluate how the addition of African Discovery to your portfolios can decrease your overall portfolio volatility.
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