Alderan Resources Price To Book vs. Current Valuation

AL8 Stock   0.02  0  16.67%   
Based on Alderan Resources' profitability indicators, Alderan Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Alderan Resources' ability to earn profits and add value for shareholders.
For Alderan Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alderan Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alderan Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alderan Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alderan Resources over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Alderan Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alderan Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alderan Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Alderan Resources Current Valuation vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Alderan Resources's current stock value. Our valuation model uses many indicators to compare Alderan Resources value to that of its competitors to determine the firm's financial worth.
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Alderan Resources is rated below average in price to book category among its peers. It is rated below average in current valuation category among its peers reporting about  4,686,991  of Current Valuation per Price To Book. 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 Alderan Resources' earnings, one of the primary drivers of an investment's value.

Alderan Current Valuation vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Alderan Resources

P/B

 = 

MV Per Share

BV Per Share

 = 
0.99 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Alderan Resources

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
4.64 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Alderan Current Valuation vs Competition

Alderan Resources is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 51 Billion. Alderan Resources adds roughly 4.64 Million in current valuation claiming only tiny portion of all equities under Materials industry.
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Alderan Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Alderan Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alderan Resources will eventually generate negative long term returns. The profitability progress is the general direction of Alderan Resources' change in net profit over the period of time. It can combine multiple indicators of Alderan Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income9.1 M5.2 M
Operating Income-1.6 M-1.7 M
Net Loss-6.4 M-6 M
Income Before Tax-6.4 M-6 M
Total Other Income Expense Net-4.8 M-4.5 M
Net Loss-2.2 M-2.3 M
Net Loss-6.4 M-6 M
Income Tax Expense-4.7 M-4.5 M
Interest Income9.9 K11 K
Net Interest Income9.1 K9.5 K
Change To Netincome-22.2 K-21.1 K

Alderan Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Alderan Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alderan Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alderan Resources' important profitability drivers and their relationship over time.

Use Alderan Resources in pair-trading

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 Alderan Resources 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 Alderan Resources will appreciate offsetting losses from the drop in the long position's value.

Alderan Resources Pair Trading

Alderan Resources Pair Trading Analysis

The ability to find closely correlated positions to Alderan Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alderan Resources 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 Alderan Resources - 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 Alderan Resources to buy it.
The correlation of Alderan Resources 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 Alderan Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alderan Resources 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 Alderan Resources 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Alderan Resources position

In addition to having Alderan Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Obamacare Repeal
Obamacare Repeal Theme
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Additional Tools for Alderan Stock Analysis

When running Alderan Resources' price analysis, check to measure Alderan 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 Alderan Resources is operating at the current time. Most of Alderan Resources' value examination focuses on studying past and present price action to predict the probability of Alderan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alderan Resources' price. Additionally, you may evaluate how the addition of Alderan Resources to your portfolios can decrease your overall portfolio volatility.