Melco International Net Income vs. Current Valuation
| 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 Current Valuation 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 also is rated top company in current valuation 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 Current Valuation 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.
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.
Melco International |
| = | 8.73 B |
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.
Melco Current Valuation vs Competition
Melco International Development is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Resorts & Casinos industry is now estimated at about 30.01 Billion. Melco International totals roughly 8.73 Billion in current valuation claiming about 29% of equities listed under Resorts & Casinos industry.
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 Consumer Discretionary ETFs Thematic Idea Now
Consumer Discretionary ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Consumer Discretionary ETFs theme has 32 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 Consumer Discretionary ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
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.