MVO Financial Statements From 2010 to 2026
| MVO Stock | USD 1.37 0.13 10.48% |
Check MV Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MV Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . MVO financial statements analysis is a perfect complement when working with MV Oil Valuation or Volatility modules.
Check out the analysis of MV Oil Correlation against competitors. MV Oil Trust Company Return On Asset Analysis
MV Oil'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 MV Oil Return On Asset | 2.17 |
Most of MV Oil'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, MV Oil Trust 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, MV Oil Trust has a Return On Asset of 2.17. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 129.81% lower than that of the Energy industry. The return on asset for all United States stocks is notably lower than that of the firm.
MV Oil Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MV Oil's current stock value. Our valuation model uses many indicators to compare MV Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MV Oil competition to find correlations between indicators driving MV Oil's intrinsic value. More Info.MV Oil Trust is regarded fifth in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 6.25 of Return On Asset per Return On Equity. 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 MV Oil's earnings, one of the primary drivers of an investment's value.About MV Oil Financial Statements
MV Oil investors utilize fundamental indicators, such as revenue or net income, to predict how MVO 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.
MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. The company was incorporated in 2006 and is based in Houston, Texas. MV Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange.
Pair Trading with MV Oil
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 MV Oil 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 MV Oil will appreciate offsetting losses from the drop in the long position's value.Moving against MVO Stock
| 0.8 | MUR | Murphy Oil | PairCorr |
| 0.77 | CNX | CNX Resources Corp | PairCorr |
| 0.77 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.71 | EFXT | Enerflex | PairCorr |
| 0.71 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to MV Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MV Oil 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 MV Oil - 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 MV Oil Trust to buy it.
The correlation of MV Oil 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 MV Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MV Oil Trust 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 MV Oil 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 MV Oil Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil & Gas Exploration & Production space 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 MV Oil. If investors know MVO 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 MV Oil 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 MV Oil Trust is measured differently than its book value, which is the value of MVO that is recorded on the company's balance sheet. Investors also form their own opinion of MV Oil's value that differs from its market value or its book value, called intrinsic value, which is MV Oil's 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 MV Oil's market value can be influenced by many factors that don't directly affect MV Oil's 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 MV Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MV Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MV Oil's 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.