Matco Foods Stock Beneish M Score
| MFL Stock | 28.93 1.05 3.50% |
Matco |
At this time, Matco Foods' M Score is inapplicable. The earnings manipulation may begin if Matco Foods' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Matco Foods executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Matco Foods' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Did you try this?
Run Companies Directory Now
Companies DirectoryEvaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
| All Next | Launch Module |
About Matco Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Matco Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Matco Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Matco Foods 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.
Pair Trading with Matco Foods
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 Matco Foods 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 Matco Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with Matco Stock
Moving against Matco Stock
The ability to find closely correlated positions to Matco Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matco Foods 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 Matco Foods - 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 Matco Foods to buy it.
The correlation of Matco Foods 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 Matco Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matco Foods 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 Matco Foods 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 Matco Stock Analysis
When running Matco Foods' price analysis, check to measure Matco Foods' 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 Matco Foods is operating at the current time. Most of Matco Foods' value examination focuses on studying past and present price action to predict the probability of Matco Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matco Foods' price. Additionally, you may evaluate how the addition of Matco Foods to your portfolios can decrease your overall portfolio volatility.