African Rainbow Minerals Is Looking To Continue Growing Its Returns On Capital - Yahoo Finance
AFBOFDelisted Stock | USD 12.20 0.00 0.00% |
Roughly 56% of African Rainbow's investor base is looking to short. The analysis of overall sentiment of trading African Rainbow Minerals pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with African Rainbow's historical and current headlines, can help investors time the market. In addition, many technical investors use African Rainbow Minerals stock news signals to limit their universe of possible portfolio assets.
African Rainbow pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of African daily returns and investor perception about the current price of African Rainbow Minerals as well as its diversification or hedging effects on your existing portfolios.
African |
African Rainbow Minerals Is Looking To Continue Growing Its Returns On Capital Yahoo Finance
Read at news.google.com
African Rainbow Fundamental Analysis
We analyze African Rainbow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of African Rainbow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of African Rainbow 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.
Z Score
Z Score Comparative Analysis
African Rainbow is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
African Rainbow Minerals Potential Pair-trading
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 African Rainbow pink sheet to make a market-neutral strategy. Peer analysis of African Rainbow could also be used in its relative valuation, which is a method of valuing African Rainbow by comparing valuation metrics with similar companies.
Peers
African Rainbow Related Equities
TMQ | Trilogy Metals | 9.09 | ||||
DBLVF | Doubleview Gold | 7.41 | ||||
RTNTF | Rio Tinto | 5.75 | ||||
BHPLF | BHP Group | 5.38 | ||||
SLVDF | Silver Dollar | 5.26 | ||||
SOUHY | South32 ADR | 3.96 | ||||
NGLOY | Anglo American | 2.32 | ||||
GLNCY | Glencore PLC | 1.96 | ||||
ERMAY | Eramet SA | 1.89 | ||||
SMMYY | Sumitomo Metal | 1.57 | ||||
GLCNF | Glencore PLC | 1.30 | ||||
IVPAF | Ivanhoe Mines | 1.15 | ||||
EMX | EMX Royalty | 0.59 | ||||
ILKAY | Iluka Resources | 0.00 | ||||
RTPPF | Rio Tinto | 0.87 | ||||
VZLA | Vizsla Resources | 1.54 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in African Pink Sheet
If you are still planning to invest in African Rainbow Minerals 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 African Rainbow's history and understand the potential risks before investing.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |