Magnetic Resources Return On Equity vs. Price To Sales
| MAU Stock | 1.25 0.17 15.74% |
For Magnetic Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magnetic Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magnetic Resources NL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magnetic Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magnetic Resources NL over time as well as its relative position and ranking within its peers.
Magnetic |
Magnetic Resources Price To Sales vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magnetic Resources's current stock value. Our valuation model uses many indicators to compare Magnetic Resources value to that of its competitors to determine the firm's financial worth. Magnetic Resources NL is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in price to sales category among its peers . 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 Magnetic Resources' earnings, one of the primary drivers of an investment's value.Magnetic Price To Sales vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Magnetic Resources |
| = | -1.97 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Magnetic Resources |
| = | 676.17 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Magnetic Price To Sales Comparison
Magnetic Resources is currently under evaluation in price to sales category among its peers.
Magnetic Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magnetic Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magnetic Resources will eventually generate negative long term returns. The profitability progress is the general direction of Magnetic Resources' change in net profit over the period of time. It can combine multiple indicators of Magnetic Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 4.1 M | 4.3 M | |
| Operating Income | -11.5 M | -10.9 M | |
| Income Before Tax | -12.3 M | -11.7 M | |
| Total Other Income Expense Net | -867 K | -823.6 K | |
| Net Loss | -12.3 M | -11.7 M | |
| Income Tax Expense | -864.6 K | -821.4 K | |
| Net Loss | -12.3 M | -11.7 M | |
| Net Loss | -6.4 M | -6.1 M | |
| Net Interest Income | 62.00 | 58.90 | |
| Interest Income | 62.00 | 58.90 | |
| Change To Netincome | 6.4 M | 3.3 M |
Magnetic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magnetic Resources. 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 Magnetic Resources 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 Magnetic Resources' important profitability drivers and their relationship over time.
Use Magnetic Resources 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 Magnetic Resources 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 Magnetic Resources will appreciate offsetting losses from the drop in the long position's value.Magnetic Resources Pair Trading
Magnetic Resources NL Pair Trading Analysis
The ability to find closely correlated positions to Magnetic Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magnetic Resources 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 Magnetic Resources - 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 Magnetic Resources NL to buy it.
The correlation of Magnetic Resources 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 Magnetic Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magnetic Resources 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 Magnetic Resources 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 Magnetic Resources position
In addition to having Magnetic Resources 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?
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Additional Tools for Magnetic Stock Analysis
When running Magnetic Resources' price analysis, check to measure Magnetic Resources' 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 Magnetic Resources is operating at the current time. Most of Magnetic Resources' value examination focuses on studying past and present price action to predict the probability of Magnetic Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnetic Resources' price. Additionally, you may evaluate how the addition of Magnetic Resources to your portfolios can decrease your overall portfolio volatility.