MNP Financial Statements From 2010 to 2026
| MNAP Stock | USD 0.0001 0.00 0.00% |
Check MNP Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MNP Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . MNP financial statements analysis is a perfect complement when working with MNP Petroleum Valuation or Volatility modules.
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MNP Petroleum Corp Company Return On Asset Analysis
MNP Petroleum's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MNP Petroleum Return On Asset | -0.2 |
Most of MNP Petroleum's fundamental indicators, such as Return On 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, MNP Petroleum Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, MNP Petroleum Corp has a Return On Asset of -0.2008. This is 602.0% lower than that of the Energy sector and 97.24% lower than that of the Oil & Gas E&P industry. The return on asset for all United States stocks is 43.43% higher than that of the company.
MNP Petroleum Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MNP Petroleum's current stock value. Our valuation model uses many indicators to compare MNP Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MNP Petroleum competition to find correlations between indicators driving MNP Petroleum's intrinsic value. More Info.MNP Petroleum Corp is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . 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 MNP Petroleum's earnings, one of the primary drivers of an investment's value.About MNP Petroleum Financial Statements
MNP Petroleum shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although MNP Petroleum investors may analyze each financial statement separately, they are all interrelated. The changes in MNP Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses on on MNP Petroleum's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
MNP Petroleum Corporation explores for and develops oil and gas properties primarily in Central and East Asia. The company was formerly known as Manas Petroleum Corporation and changed its name to MNP Petroleum Corporation in January 2014. MNP PETROLEUM operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 32 people.
Pair Trading with MNP Petroleum
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 MNP Petroleum 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 MNP Petroleum will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MNP Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MNP Petroleum 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 MNP Petroleum - 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 MNP Petroleum Corp to buy it.
The correlation of MNP Petroleum 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 MNP Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MNP Petroleum Corp 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 MNP Petroleum 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.Additional Tools for MNP Pink Sheet Analysis
When running MNP Petroleum's price analysis, check to measure MNP Petroleum'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 MNP Petroleum is operating at the current time. Most of MNP Petroleum's value examination focuses on studying past and present price action to predict the probability of MNP Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MNP Petroleum's price. Additionally, you may evaluate how the addition of MNP Petroleum to your portfolios can decrease your overall portfolio volatility.