Melco International Net Income vs. Book Value Per Share
| MDEVY Stock | USD 3.00 0.00 0.00% |
For Melco International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Melco International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Melco International Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Melco International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Melco International Development over time as well as its relative position and ranking within its peers.
Melco |
Melco International Book Value Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Melco International's current stock value. Our valuation model uses many indicators to compare Melco International value to that of its competitors to determine the firm's financial worth. Melco International Development is considered to be number one stock in net income category among its peers. It is regarded second in book value per share category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Melco International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Melco International's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Melco Book Value Per Share 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.
Melco International |
| = | (3.81 B) |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Melco International |
| = | 14.18 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Melco Book Value Per Share Comparison
Melco International is currently under evaluation in book value per share category among its peers.
Melco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Melco International. 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 Melco International 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 Melco International's important profitability drivers and their relationship over time.
Use Melco International 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 Melco International 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 Melco International will appreciate offsetting losses from the drop in the long position's value.Melco International Pair Trading
Melco International Development Pair Trading Analysis
The ability to find closely correlated positions to Melco International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melco International 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 Melco International - 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 Melco International Development to buy it.
The correlation of Melco International 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 Melco International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melco International 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 Melco International 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 Melco International position
In addition to having Melco International 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 226 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 Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for Melco Pink Sheet Analysis
When running Melco International's price analysis, check to measure Melco International'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 Melco International is operating at the current time. Most of Melco International's value examination focuses on studying past and present price action to predict the probability of Melco International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melco International's price. Additionally, you may evaluate how the addition of Melco International to your portfolios can decrease your overall portfolio volatility.