Macfarlane Group Net Income vs. Market Capitalization
| MACF Stock | 105.00 1.00 0.96% |
For Macfarlane Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Macfarlane Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Macfarlane Group PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Macfarlane Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Macfarlane Group PLC over time as well as its relative position and ranking within its peers.
Macfarlane |
Macfarlane Group PLC Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Macfarlane Group's current stock value. Our valuation model uses many indicators to compare Macfarlane Group value to that of its competitors to determine the firm's financial worth. Macfarlane Group PLC is regarded fifth in net income category among its peers. It is rated below average in market capitalization category among its peers creating about 11.08 of Market Capitalization per Net Income. 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 Macfarlane Group's earnings, one of the primary drivers of an investment's value.Macfarlane Market Capitalization vs. Net Income
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.
Macfarlane Group |
| = | 14.97 M |
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Macfarlane Group |
| = | 165.98 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Macfarlane Market Capitalization vs Competition
Macfarlane Group PLC is rated below average in market capitalization category among its peers. Market capitalization of Industrials industry is now estimated at about 930.92 Billion. Macfarlane Group adds roughly 165.98 Million in market capitalization claiming only tiny portion of equities under Industrials industry.
Macfarlane Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Macfarlane Group. 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 Macfarlane Group 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 Macfarlane Group's important profitability drivers and their relationship over time.
Use Macfarlane Group 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 Macfarlane Group 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 Macfarlane Group will appreciate offsetting losses from the drop in the long position's value.Macfarlane Group Pair Trading
Macfarlane Group PLC Pair Trading Analysis
The ability to find closely correlated positions to Macfarlane Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Macfarlane Group 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 Macfarlane Group - 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 Macfarlane Group PLC to buy it.
The correlation of Macfarlane Group 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 Macfarlane Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Macfarlane Group PLC 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 Macfarlane Group 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 Macfarlane Group position
In addition to having Macfarlane Group 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 Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 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 Hedge Favorites Theme or any other thematic opportunities.
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Additional Tools for Macfarlane Stock Analysis
When running Macfarlane Group's price analysis, check to measure Macfarlane Group'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 Macfarlane Group is operating at the current time. Most of Macfarlane Group's value examination focuses on studying past and present price action to predict the probability of Macfarlane Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macfarlane Group's price. Additionally, you may evaluate how the addition of Macfarlane Group to your portfolios can decrease your overall portfolio volatility.