Azure Holding Price To Sales vs. Current Ratio
| AZRH Stock | USD 0.21 0.04 23.53% |
For Azure Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azure Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azure Holding Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azure Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azure Holding Group over time as well as its relative position and ranking within its peers.
Azure |
Azure Holding Group Current Ratio vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Azure Holding's current stock value. Our valuation model uses many indicators to compare Azure Holding value to that of its competitors to determine the firm's financial worth. Azure Holding Group is number one stock in price to sales category among its peers. It is rated fifth in current ratio category among its peers . The ratio of Price To Sales to Current Ratio for Azure Holding Group is about 265,562 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Azure Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Azure Holding's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Azure Current Ratio vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Azure Holding |
| = | 15,934 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Azure Holding |
| = | 0.06 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Azure Current Ratio Comparison
Azure Holding is currently under evaluation in current ratio category among its peers.
Azure Holding Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Azure Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Azure Holding will eventually generate negative long term returns. The profitability progress is the general direction of Azure Holding's change in net profit over the period of time. It can combine multiple indicators of Azure Holding, 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.
Azure Holding Group Corp., a development stage company, focuses on the sale of used automobiles. The company was founded in 2012 and is based in Mission Viejo, California. Azure Holding operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 1 people.
Azure Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Azure Holding. 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 Azure Holding 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 Azure Holding's important profitability drivers and their relationship over time.
Use Azure Holding 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 Azure Holding 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 Azure Holding will appreciate offsetting losses from the drop in the long position's value.Azure Holding Pair Trading
Azure Holding Group Pair Trading Analysis
The ability to find closely correlated positions to Azure Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azure Holding 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 Azure Holding - 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 Azure Holding Group to buy it.
The correlation of Azure Holding 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 Azure Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azure Holding Group 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 Azure Holding 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 Azure Holding position
In addition to having Azure Holding 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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Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 47 constituents at this time.
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Other Information on Investing in Azure Pink Sheet
To fully project Azure Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Azure Holding Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Azure Holding's income statement, its balance sheet, and the statement of cash flows.