Allied Fundamentals

AESE
 Stock
  

USD 1.17  0.01  0.85%   

Allied Esports Entertainment fundamentals help investors to digest information that contributes to Allied Esports' financial success or failures. It also enables traders to predict the movement of Allied Stock. The fundamental analysis module provides a way to measure Allied Esports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allied Esports stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Allied Current Asset Analysis

Allied Esports' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
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Current Allied Esports Current Asset

    
  129.72 K  
Most of Allied Esports' fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allied Esports Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Compare to competition

In accordance with the recently published financial statements, Allied Esports Entertainment has a Current Asset of 129.72 K. This is 100.0% lower than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Allied Esports Enter Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Allied Esports's current stock value. Our valuation model uses many indicators to compare Allied Esports value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allied Esports competition to find correlations between indicators driving Allied Esports's intrinsic value. More Info.
Allied Esports Entertainment is number one stock in z score category among related companies. It is number one stock in current ratio category among related companies fabricating about  2.58  of Current Ratio per Z Score. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Allied Esports by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allied Esports' Stock . 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. 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 Allied Esports' earnings, one of the primary drivers of an investment's value.

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Global Correlations

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Allied Fundamentals

About Allied Esports Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Allied Esports Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allied Esports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allied Esports Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Allied Esports Entertainment Inc., a premier public esports and entertainment company, engages in the Allied Esports businesses worldwide. Allied Esports Entertainment Inc. was founded in 2018 and is based in Irvine, California. Allied Esports operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 88 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allied Esports without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Allied Esports

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 Allied Esports 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 Allied Esports will appreciate offsetting losses from the drop in the long position's value.

Moving together with Allied Esports

+0.88HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
The ability to find closely correlated positions to Allied Esports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Esports 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 Allied Esports - 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 Allied Esports Entertainment to buy it.
The correlation of Allied Esports is a statistical measure of how it moves in relation to other equities. 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 Allied Esports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Esports Enter 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 Allied Esports 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.
Pair CorrelationCorrelation Matching
Please continue to Allied Esports Piotroski F Score and Allied Esports Altman Z Score analysis. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Allied Esports Enter price analysis, check to measure Allied Esports' 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 Allied Esports is operating at the current time. Most of Allied Esports' value examination focuses on studying past and present price action to predict the probability of Allied Esports' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allied Esports' price. Additionally, you may evaluate how the addition of Allied Esports to your portfolios can decrease your overall portfolio volatility.
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Is Allied Esports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allied Esports. If investors know Allied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allied Esports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Allied Esports Enter is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Esports' value that differs from its market value or its book value, called intrinsic value, which is Allied Esports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allied Esports' market value can be influenced by many factors that don't directly affect Allied Esports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allied Esports' value and its price as these two are different measures arrived at by different means. Investors typically determine Allied Esports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Esports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.