Matco Foods Stock Net Income
| MFL Stock | 27.31 1.91 6.54% |
Matco Foods fundamentals help investors to digest information that contributes to Matco Foods' financial success or failures. It also enables traders to predict the movement of Matco Stock. The fundamental analysis module provides a way to measure Matco Foods' 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 Matco Foods stock.
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Matco Foods Company Net Income Analysis
Matco Foods' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, Matco Foods reported net income of 0.0. This indicator is about the same for the Consumer Non-Cyclicals average (which is currently at 0.0) sector and about the same as Food & Tobacco (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
Matco Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Matco Foods' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Matco Foods could also be used in its relative valuation, which is a method of valuing Matco Foods by comparing valuation metrics of similar companies.Matco Foods is currently under evaluation in net income category among its peers.
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.