Melcor Developments Hits New 1-Year High at 13.18 - MarketBeat
| MRD Stock | CAD 13.30 0.25 1.92% |
About 55% of Melcor Developments' investors are presently thinking to get in. The analysis of overall sentiment of trading Melcor Developments stock suggests that some investors are interested at this time. Melcor Developments' investing sentiment overview a quick insight into current market opportunities from investing in Melcor Developments. Many technical investors use Melcor Developments stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Melcor |
Melcor Developments Hits New 1-Year High at 13.18 MarketBeat
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Melcor Developments Fundamental Analysis
We analyze Melcor Developments' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melcor Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melcor Developments 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.
Beta
Beta Comparative Analysis
Melcor Developments is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Melcor Developments Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Melcor Developments stock to make a market-neutral strategy. Peer analysis of Melcor Developments could also be used in its relative valuation, which is a method of valuing Melcor Developments by comparing valuation metrics with similar companies.
Peers
Melcor Developments Related Equities
| MRC | Morguard | 0.64 | ||||
| WFC | Wells Fargo | 0.07 | ||||
| MEQ | Mainstreet Equity | 0.37 | ||||
| GDC | Genesis Land | 0.65 |
Other Information on Investing in Melcor Stock
Melcor Developments financial ratios help investors to determine whether Melcor Stock 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 Melcor with respect to the benefits of owning Melcor Developments security.