Azure Holding Total Asset vs. Market Capitalization
| AZRH Stock | USD 0.19 0.02 9.52% |
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 Market Capitalization vs. Total Asset 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 rated fifth in total asset category among its peers. It also is rated fifth in market capitalization category among its peers creating about 1,225 of Market Capitalization per Total Asset. 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 Market Capitalization vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Azure Holding |
| = | 2.35 K |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Azure Holding |
| = | 2.87 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Azure Market Capitalization vs Competition
Azure Holding Group is rated fifth in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is presently estimated at about 39.19 Billion. Azure Holding adds roughly 2.87 Million in market capitalization claiming only tiny portion of stocks in Consumer Discretionary industry.
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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Driverless Cars
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
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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.