Azincourt Uranium Number Of Shares Shorted vs. Total Debt
| AAZ Stock | CAD 0.01 0.01 50.00% |
For Azincourt Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Azincourt Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Azincourt Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Azincourt Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Azincourt Uranium over time as well as its relative position and ranking within its peers.
Azincourt |
Azincourt Uranium Total Debt vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Azincourt Uranium's current stock value. Our valuation model uses many indicators to compare Azincourt Uranium value to that of its competitors to determine the firm's financial worth. Azincourt Uranium is rated third in number of shares shorted category among its peers. It is rated fourth in total debt category among its peers making up about 17.42 of Total Debt per Number Of Shares Shorted. 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 Azincourt Uranium's earnings, one of the primary drivers of an investment's value.Azincourt Total Debt vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Azincourt Uranium |
| = | 18.02 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Azincourt Uranium |
| = | 313.94 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Azincourt Total Debt vs Competition
Azincourt Uranium is rated fourth in total debt category among its peers. Total debt of Energy industry is presently estimated at about 3.83 Million. Azincourt Uranium holds roughly 313,940 in total debt claiming about 8% of equities under Energy industry.
Azincourt Uranium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Azincourt Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Azincourt Uranium will eventually generate negative long term returns. The profitability progress is the general direction of Azincourt Uranium's change in net profit over the period of time. It can combine multiple indicators of Azincourt Uranium, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 17.1 M | 18 M | |
| Operating Income | -6.5 M | -6.2 M | |
| Income Before Tax | -6.4 M | -6.1 M | |
| Total Other Income Expense Net | 76.6 K | 80.4 K | |
| Net Loss | -6.4 M | -6.1 M | |
| Income Tax Expense | -193.1 K | -202.7 K | |
| Net Loss | -6.4 M | -6.1 M | |
| Net Loss | -8.7 M | -8.3 M | |
| Net Interest Income | 205.7 K | 216 K | |
| Interest Income | 205.7 K | 216 K | |
| Change To Netincome | -25 K | -26.3 K | |
| Net Loss | (0.03) | (0.03) | |
| Income Quality | 1.20 | 1.06 |
Azincourt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Azincourt Uranium. 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 Azincourt Uranium 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 Azincourt Uranium's important profitability drivers and their relationship over time.
Use Azincourt Uranium 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 Azincourt Uranium 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 Azincourt Uranium will appreciate offsetting losses from the drop in the long position's value.Azincourt Uranium Pair Trading
Azincourt Uranium Pair Trading Analysis
The ability to find closely correlated positions to Azincourt Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azincourt Uranium 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 Azincourt Uranium - 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 Azincourt Uranium to buy it.
The correlation of Azincourt Uranium 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 Azincourt Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azincourt Uranium 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 Azincourt Uranium 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 Azincourt Uranium position
In addition to having Azincourt Uranium 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?
Run ESG Investing Thematic Idea Now
ESG Investing
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Additional Tools for Azincourt Stock Analysis
When running Azincourt Uranium's price analysis, check to measure Azincourt Uranium'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 Azincourt Uranium is operating at the current time. Most of Azincourt Uranium's value examination focuses on studying past and present price action to predict the probability of Azincourt Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azincourt Uranium's price. Additionally, you may evaluate how the addition of Azincourt Uranium to your portfolios can decrease your overall portfolio volatility.