Millennium Prime Stock Net Income
| MLMN Stock | USD 0 0.0009 23.08% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Millennium Prime's long-term financial health and intrinsic value.
Millennium |
Millennium Prime Company Net Income Analysis
Millennium Prime'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 Millennium Prime Net Income | (263.3 K) |
Most of Millennium Prime'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, Millennium Prime 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, Millennium Prime reported net income of (263,304). This is 100.02% lower than that of the Consumer Defensive sector and significantly lower than that of the Beverages—Wineries & Distilleries industry. The net income for all United States stocks is 100.05% higher than that of the company.
Millennium Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millennium Prime'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 Millennium Prime could also be used in its relative valuation, which is a method of valuing Millennium Prime by comparing valuation metrics of similar companies.Millennium Prime is currently under evaluation in net income category among its peers.
Millennium Fundamentals
| Current Valuation | 5.91 M | |||
| Shares Outstanding | 231.57 M | |||
| Price To Sales | 0.17 X | |||
| Revenue | 95.73 K | |||
| Net Income | (263.3 K) | |||
| Cash And Equivalents | 399 | |||
| Total Debt | 855.59 K | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (150.43 K) | |||
| Beta | -3.69 | |||
| Market Capitalization | 4.05 M | |||
| Total Asset | 100.33 K | |||
| Retained Earnings | (54.07 M) | |||
| Working Capital | (2.09 M) | |||
| Current Asset | 98 K | |||
| Current Liabilities | 2.18 M | |||
| Net Asset | 100.33 K |
About Millennium Prime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millennium Prime's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millennium Prime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millennium Prime 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 Millennium Prime
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 Millennium Prime 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 Millennium Prime will appreciate offsetting losses from the drop in the long position's value.Moving against Millennium Pink Sheet
| 0.58 | PRNDY | Pernod Ricard SA | PairCorr |
| 0.56 | PDRDF | Pernod Ricard SA | PairCorr |
| 0.56 | DEO | Diageo PLC ADR | PairCorr |
| 0.53 | DGEAF | Diageo plc | PairCorr |
The ability to find closely correlated positions to Millennium Prime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Millennium Prime 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 Millennium Prime - 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 Millennium Prime to buy it.
The correlation of Millennium Prime 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 Millennium Prime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Millennium Prime 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 Millennium Prime 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.Other Information on Investing in Millennium Pink Sheet
Millennium Prime financial ratios help investors to determine whether Millennium Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Millennium with respect to the benefits of owning Millennium Prime security.