Atenor SA Cash And Equivalents vs. Shares Outstanding
| ATEB Stock | EUR 3.52 0.07 2.03% |
For Atenor SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Atenor SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Atenor SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Atenor SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Atenor SA over time as well as its relative position and ranking within its peers.
Atenor |
Atenor SA Shares Outstanding vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Atenor SA's current stock value. Our valuation model uses many indicators to compare Atenor SA value to that of its competitors to determine the firm's financial worth. Atenor SA is number one stock in cash and equivalents category among its peers. It also is number one stock in shares outstanding category among its peers creating about 0.06 of Shares Outstanding per Cash And Equivalents. The ratio of Cash And Equivalents to Shares Outstanding for Atenor SA is roughly 16.39 . 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 Atenor SA's earnings, one of the primary drivers of an investment's value.Atenor Shares Outstanding vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Atenor SA |
| = | 110.21 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Atenor SA |
| = | 6.73 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Atenor Shares Outstanding Comparison
Atenor SA is currently under evaluation in shares outstanding category among its peers.
Atenor SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Atenor SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Atenor SA will eventually generate negative long term returns. The profitability progress is the general direction of Atenor SA's change in net profit over the period of time. It can combine multiple indicators of Atenor SA, 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.
Atenor SA invests in large-scale real estate projects in Belgium and internationally. The company was founded in 1910 and is based in La Hulpe, Belgium. ATENOR operates under Real Estate Services classification in Belgium and is traded on Brussels Stock Exchange. It employs 29 people.
Atenor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Atenor SA. 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 Atenor SA 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 Atenor SA's important profitability drivers and their relationship over time.
Use Atenor SA 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 Atenor SA 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 Atenor SA will appreciate offsetting losses from the drop in the long position's value.Atenor SA Pair Trading
Atenor SA Pair Trading Analysis
The ability to find closely correlated positions to Atenor SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atenor SA 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 Atenor SA - 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 Atenor SA to buy it.
The correlation of Atenor SA 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 Atenor SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atenor SA 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 Atenor SA 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.Use Investing Themes to Complement your Atenor SA position
In addition to having Atenor SA 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.Did You Try This Idea?
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Additional Tools for Atenor Stock Analysis
When running Atenor SA's price analysis, check to measure Atenor SA'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 Atenor SA is operating at the current time. Most of Atenor SA's value examination focuses on studying past and present price action to predict the probability of Atenor SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atenor SA's price. Additionally, you may evaluate how the addition of Atenor SA to your portfolios can decrease your overall portfolio volatility.