Aega ASA Cash And Equivalents vs. Shares Owned By Institutions
| AEGA Stock | NOK 0.86 0.13 17.81% |
For Aega ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aega ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aega ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aega ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aega ASA over time as well as its relative position and ranking within its peers.
Aega |
Aega ASA Shares Owned By Institutions vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aega ASA's current stock value. Our valuation model uses many indicators to compare Aega ASA value to that of its competitors to determine the firm's financial worth. Aega ASA is number one stock in cash and equivalents category among its peers. It also is number one stock in shares owned by institutions category among its peers . The ratio of Cash And Equivalents to Shares Owned By Institutions for Aega ASA is about 5,119,464 . 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 Aega ASA's earnings, one of the primary drivers of an investment's value.Aega Shares Owned By Institutions 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.
Aega ASA |
| = | 4.3 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).
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Aega ASA |
| = | 0.84 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Aega Shares Owned By Institutions Comparison
Aega ASA is currently under evaluation in shares owned by institutions category among its peers.
Aega ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aega ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aega ASA will eventually generate negative long term returns. The profitability progress is the general direction of Aega ASA's change in net profit over the period of time. It can combine multiple indicators of Aega ASA, 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.
Aega ASA, a solar utility company, acquires and operates solar power plants. Aega ASA was founded in 2011 and is headquartered in Oslo, Norway. AEGA ASA operates under Financial Services classification in Norway and is traded on Oslo Stock Exchange. It employs 2 people.
Aega Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aega ASA. 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 Aega ASA 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 Aega ASA's important profitability drivers and their relationship over time.
Use Aega ASA 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 Aega ASA 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 Aega ASA will appreciate offsetting losses from the drop in the long position's value.Aega ASA Pair Trading
Aega ASA Pair Trading Analysis
The ability to find closely correlated positions to Aega ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aega ASA 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 Aega ASA - 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 Aega ASA to buy it.
The correlation of Aega ASA 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 Aega ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aega ASA 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 Aega ASA 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 Aega ASA position
In addition to having Aega ASA 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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Financials ETFs
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Other Information on Investing in Aega Stock
To fully project Aega ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aega ASA 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 Aega ASA's income statement, its balance sheet, and the statement of cash flows.