Mirvac Group Stock Performance
| MRVGF Stock | USD 1.45 0.03 2.11% |
On a scale of 0 to 100, Mirvac holds a performance score of 8. The company secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mirvac's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mirvac is expected to be smaller as well. Please check Mirvac's jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether Mirvac's current price movements will revert.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Mirvac Group are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting technical and fundamental indicators, Mirvac reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 117 M |
Mirvac |
Mirvac Relative Risk vs. Return Landscape
If you would invest 113.00 in Mirvac Group on September 1, 2024 and sell it today you would earn a total of 32.00 from holding Mirvac Group or generate 28.32% return on investment over 90 days. Mirvac Group is currently producing 0.476% returns and takes up 4.6135% volatility of returns over 90 trading days. Put another way, 41% of traded pink sheets are less volatile than Mirvac, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mirvac Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirvac's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mirvac Group, and traders can use it to determine the average amount a Mirvac's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1032
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Estimated Market Risk
| 4.61 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mirvac is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mirvac by adding it to a well-diversified portfolio.
Mirvac Fundamentals Growth
Mirvac Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mirvac, and Mirvac fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mirvac Pink Sheet performance.
| Return On Equity | 0.083 | |||
| Return On Asset | 0.0247 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 20.26 B | |||
| Shares Outstanding | 3.95 B | |||
| Price To Earning | 20.90 X | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 2.29 X | |||
| Revenue | 2.25 B | |||
| EBITDA | 1.16 B | |||
| Cash And Equivalents | 621 M | |||
| Cash Per Share | 0.16 X | |||
| Total Debt | 3.93 B | |||
| Debt To Equity | 0.39 % | |||
| Book Value Per Share | 2.82 X | |||
| Cash Flow From Operations | 896 M | |||
| Earnings Per Share | 0.16 X | |||
| Total Asset | 17.2 B | |||
| Retained Earnings | 230 M | |||
| Current Asset | 1.25 B | |||
| Current Liabilities | 1.35 B | |||
About Mirvac Performance
By analyzing Mirvac's fundamental ratios, stakeholders can gain valuable insights into Mirvac's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mirvac has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mirvac has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. At the heart of every project there exists a deep commitment to our customers and communities. MIRVAC GROUP operates under REITOffice classification in the United States and is traded on OTC Exchange. It employs 1550 people.Things to note about Mirvac Group performance evaluation
Checking the ongoing alerts about Mirvac for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mirvac Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirvac Group may become a speculative penny stock | |
| Mirvac Group had very high historical volatility over the last 90 days | |
| About 56.0% of the company shares are owned by institutional investors |
- Analyzing Mirvac's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mirvac's stock is overvalued or undervalued compared to its peers.
- Examining Mirvac's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mirvac's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirvac's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mirvac's pink sheet. These opinions can provide insight into Mirvac's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mirvac Pink Sheet analysis
When running Mirvac's price analysis, check to measure Mirvac'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 Mirvac is operating at the current time. Most of Mirvac's value examination focuses on studying past and present price action to predict the probability of Mirvac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirvac's price. Additionally, you may evaluate how the addition of Mirvac to your portfolios can decrease your overall portfolio volatility.
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