Mogo Financial Statements From 2010 to 2026
| MOGODelisted Stock | USD 1.01 0.10 9.01% |
Check Mogo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mogo's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mogo financial statements analysis is a perfect complement when working with Mogo Valuation or Volatility modules.
Mogo |
Mogo Inc Company Return On Asset Analysis
Mogo'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 Mogo Return On Asset | 0.0415 |
Most of Mogo'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, Mogo Inc 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.
| Competition |
Based on the latest financial disclosure, Mogo Inc has a Return On Asset of 0.0415. This is 101.44% lower than that of the Consumer Finance sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 129.64% lower than that of the firm.
Mogo Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mogo's current stock value. Our valuation model uses many indicators to compare Mogo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mogo competition to find correlations between indicators driving Mogo's intrinsic value. More Info.Mogo Inc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mogo Inc is roughly 2.45 . 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 Mogo's earnings, one of the primary drivers of an investment's value.About Mogo Financial Statements
Mogo investors utilize fundamental indicators, such as revenue or net income, to predict how Mogo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Mogo Inc. operates as a financial technology company in Canada and internationally. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada. Mogo operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 344 people.
Pair Trading with Mogo
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 Mogo 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 Mogo will appreciate offsetting losses from the drop in the long position's value.Moving against Mogo Stock
| 0.93 | DD | Dupont De Nemours | PairCorr |
| 0.92 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.91 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.88 | MFG | Mizuho Financial | PairCorr |
| 0.87 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
The ability to find closely correlated positions to Mogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mogo 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 Mogo - 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 Mogo Inc to buy it.
The correlation of Mogo 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 Mogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mogo Inc 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 Mogo 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.Check out the analysis of Mogo Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Mogo Stock
If you are still planning to invest in Mogo Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mogo's history and understand the potential risks before investing.
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