Arizona Sonoran Copper Stock Net Income
| ASCU Stock | 1.76 0.03 1.68% |
Arizona Sonoran Copper fundamentals help investors to digest information that contributes to Arizona Sonoran's financial success or failures. It also enables traders to predict the movement of Arizona Stock. The fundamental analysis module provides a way to measure Arizona Sonoran'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 Arizona Sonoran stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -6.4 M | -6.7 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Net Loss | -8 M | -8.4 M | |
| Net Loss | (0.06) | (0.06) |
Arizona | Net Income |
Arizona Sonoran Copper Company Net Income Analysis
Arizona Sonoran'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 Arizona Sonoran Net Income | (6.99 M) |
Most of Arizona Sonoran'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, Arizona Sonoran Copper is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Arizona Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Arizona Sonoran is extremely important. It helps to project a fair market value of Arizona Stock properly, considering its historical fundamentals such as Net Income. Since Arizona Sonoran's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Arizona Sonoran's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Arizona Sonoran's interrelated accounts and indicators.
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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.
| Competition |
Based on the recorded statements, Arizona Sonoran Copper reported net income of (6.99 Million). This is 41.92% lower than that of the Metals & Mining sector and 101.94% lower than that of the Materials industry. The net income for all Canada stocks is 101.22% higher than that of the company.
Arizona Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arizona Sonoran's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arizona Sonoran could also be used in its relative valuation, which is a method of valuing Arizona Sonoran by comparing valuation metrics of similar companies.Arizona Sonoran is currently under evaluation in net income category among its peers.
Arizona Sonoran Current Valuation Drivers
We derive many important indicators used in calculating different scores of Arizona Sonoran from analyzing Arizona Sonoran's financial statements. These drivers represent accounts that assess Arizona Sonoran's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Arizona Sonoran's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Enterprise Value | 49.9M | 67.9M | 98.6M | 129.9M | 116.9M | 63.5M |
Arizona Fundamentals
| Return On Equity | -0.0822 | ||||
| Return On Asset | -0.0394 | ||||
| Current Valuation | 253.54 M | ||||
| Shares Outstanding | 148.41 M | ||||
| Shares Owned By Insiders | 1.20 % | ||||
| Shares Owned By Institutions | 30.06 % | ||||
| Number Of Shares Shorted | 25.01 K | ||||
| Price To Book | 2.27 X | ||||
| EBITDA | (6.34 M) | ||||
| Net Income | (6.99 M) | ||||
| Total Debt | 67 K | ||||
| Book Value Per Share | 0.75 X | ||||
| Cash Flow From Operations | (11.52 M) | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 3.88 | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 261.2 M | ||||
| Total Asset | 114.08 M | ||||
| Retained Earnings | (34.08 M) | ||||
| Working Capital | 12.34 M | ||||
| Net Asset | 114.08 M |
About Arizona Sonoran Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arizona Sonoran Copper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arizona Sonoran using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arizona Sonoran Copper 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.
Pair Trading with Arizona Sonoran
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 Arizona Sonoran 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 Arizona Sonoran will appreciate offsetting losses from the drop in the long position's value.Moving together with Arizona Stock
Moving against Arizona Stock
| 0.76 | IE | Ivanhoe Energy | PairCorr |
| 0.66 | INFM | Infinico Metals Corp | PairCorr |
| 0.61 | MFC | Manulife Financial Corp | PairCorr |
| 0.54 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.37 | AG | First Majestic Silver | PairCorr |
The ability to find closely correlated positions to Arizona Sonoran could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arizona Sonoran 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 Arizona Sonoran - 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 Arizona Sonoran Copper to buy it.
The correlation of Arizona Sonoran 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 Arizona Sonoran moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arizona Sonoran Copper 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 Arizona Sonoran 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.Other Information on Investing in Arizona Stock
Arizona Sonoran financial ratios help investors to determine whether Arizona Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Arizona with respect to the benefits of owning Arizona Sonoran security.