Anax Metals Offers New Investment Opportunities - TipRanks
| ANX Stock | 0.01 0 7.69% |
Slightly above 63% of Anax Metals' investor base is looking to short. The current sentiment regarding investing in Anax Metals stock implies that many traders are alarmed. Anax Metals' investing sentiment can be driven by a variety of factors including economic data, Anax Metals' earnings reports, geopolitical events, and overall market trends.
Anax |
Anax Metals Offers New Investment Opportunities TipRanks
Read at news.google.com
 |
Anax Metals Fundamental Analysis
We analyze Anax Metals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anax Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anax Metals 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.
Retained Earnings
Retained Earnings Comparative Analysis
Anax Metals is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Anax Metals 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 Anax Metals stock to make a market-neutral strategy. Peer analysis of Anax Metals could also be used in its relative valuation, which is a method of valuing Anax Metals by comparing valuation metrics with similar companies.
Peers
Anax Metals Related Equities
| ATM | Aneka Tambang | 0.00 |
| ||
| SFR | Sandfire Resources | 0.43 |
| ||
| NST | Northern Star | 0.52 |
| ||
| PRU | Perseus Mining | 1.89 |
| ||
| DEG | De Grey | 2.79 |
| ||
| EVN | Evolution Mining | 2.82 |
| ||
| BSL | Bluescope Steel | 3.13 |
|
Additional Tools for Anax Stock Analysis
When running Anax Metals' price analysis, check to measure Anax Metals' 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 Anax Metals is operating at the current time. Most of Anax Metals' value examination focuses on studying past and present price action to predict the probability of Anax Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anax Metals' price. Additionally, you may evaluate how the addition of Anax Metals to your portfolios can decrease your overall portfolio volatility.