MClean Technologies Z Score vs. Current Valuation
| 0167 Stock | 0.26 0.01 4.00% |
For MClean Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MClean Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MClean Technologies Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MClean Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MClean Technologies Bhd over time as well as its relative position and ranking within its peers.
MClean |
MClean Technologies Bhd Current Valuation vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MClean Technologies's current stock value. Our valuation model uses many indicators to compare MClean Technologies value to that of its competitors to determine the firm's financial worth. MClean Technologies Bhd is rated fifth in z score category among its peers. It is rated below average in current valuation category among its peers reporting about 12,816,571 of Current Valuation per Z Score. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MClean Technologies' earnings, one of the primary drivers of an investment's value.MClean Current Valuation vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
MClean Technologies |
| = | 3.4 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MClean Technologies |
| = | 43.58 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
MClean Current Valuation vs Competition
MClean Technologies Bhd is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Professional & Commercial Services industry is presently estimated at about 8.3 Billion. MClean Technologies maintains roughly 43.58 Million in current valuation contributing less than 1% to equities listed under Professional & Commercial Services industry.
MClean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MClean Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MClean Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MClean Technologies' important profitability drivers and their relationship over time.
Use MClean Technologies in pair-trading
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 MClean Technologies 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 MClean Technologies will appreciate offsetting losses from the drop in the long position's value.MClean Technologies Pair Trading
MClean Technologies Bhd Pair Trading Analysis
The ability to find closely correlated positions to MClean Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MClean Technologies 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 MClean Technologies - 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 MClean Technologies Bhd to buy it.
The correlation of MClean Technologies 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 MClean Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MClean Technologies Bhd 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 MClean Technologies 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.Use Investing Themes to Complement your MClean Technologies position
In addition to having MClean Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Moderate Funds Thematic Idea Now
Moderate Funds
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.
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Other Information on Investing in MClean Stock
To fully project MClean Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MClean Technologies Bhd at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MClean Technologies' income statement, its balance sheet, and the statement of cash flows.