Manthey Redmond Corp Stock Net Income
| MHYR Stock | USD 0.0002 0.00 0.00% |
Fundamental analysis of Manthey Redmond allows traders to better anticipate movements in Manthey Redmond's stock price by examining its financial health and performance throughout various phases of its business cycle.
Manthey |
Manthey Redmond Corp Company Net Income Analysis
Manthey Redmond's 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.
Current Manthey Redmond Net Income | (259.64 K) |
Most of Manthey Redmond's fundamental indicators, such as Net Income, 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, Manthey Redmond Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, Manthey Redmond Corp reported net income of (259,645). This is much lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The net income for all United States stocks is notably higher than that of the company.
Manthey Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manthey Redmond's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Manthey Redmond could also be used in its relative valuation, which is a method of valuing Manthey Redmond by comparing valuation metrics of similar companies.Manthey Redmond is currently under evaluation in net income category among its peers.
Manthey Fundamentals
| Current Valuation | 20.5 M | |||
| Net Income | (259.64 K) | |||
| Cash And Equivalents | 21 | |||
| Total Debt | 38.95 K | |||
| Current Ratio | 0.01 X | |||
| Cash Flow From Operations | (115.15 K) | |||
| Beta | 1.37 | |||
| Market Capitalization | 20.5 M | |||
| Total Asset | 11 K | |||
| Retained Earnings | (797 K) | |||
| Working Capital | (551 K) | |||
| Current Liabilities | 551 K | |||
| Net Asset | 11 K |
About Manthey Redmond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manthey Redmond Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manthey Redmond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manthey Redmond Corp 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 Manthey Redmond
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 Manthey Redmond 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 Manthey Redmond will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Manthey Redmond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manthey Redmond 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 Manthey Redmond - 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 Manthey Redmond Corp to buy it.
The correlation of Manthey Redmond 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 Manthey Redmond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manthey Redmond 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 Manthey Redmond 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 Manthey Pink Sheet Analysis
When running Manthey Redmond's price analysis, check to measure Manthey Redmond'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 Manthey Redmond is operating at the current time. Most of Manthey Redmond's value examination focuses on studying past and present price action to predict the probability of Manthey Redmond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manthey Redmond's price. Additionally, you may evaluate how the addition of Manthey Redmond to your portfolios can decrease your overall portfolio volatility.