Mayfair Gold Shares Outstanding vs. Return On Equity
| MFG Stock | CAD 1.85 0.05 2.63% |
For Mayfair Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mayfair Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mayfair Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mayfair Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mayfair Gold Corp over time as well as its relative position and ranking within its peers.
Mayfair |
Mayfair Gold Corp Return On Equity vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mayfair Gold's current stock value. Our valuation model uses many indicators to compare Mayfair Gold value to that of its competitors to determine the firm's financial worth. Mayfair Gold Corp is regarded fourth in shares outstanding category among its peers. It also is regarded fourth in return on equity category among its peers . At this time, Mayfair Gold's Return On Equity is fairly stable compared to the past year. 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 Mayfair Gold's earnings, one of the primary drivers of an investment's value.Mayfair Return On Equity vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Mayfair Gold |
| = | 109.25 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Mayfair Gold |
| = | -0.79 |
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.
Mayfair Return On Equity Comparison
Mayfair Gold is currently under evaluation in return on equity category among its peers.
Mayfair Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mayfair Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mayfair Gold will eventually generate negative long term returns. The profitability progress is the general direction of Mayfair Gold's change in net profit over the period of time. It can combine multiple indicators of Mayfair Gold, 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 | ||
| Net Loss | -9.3 M | -8.8 M | |
| Net Interest Income | 332.4 K | 349.1 K | |
| Interest Income | 332.4 K | 349.1 K | |
| Operating Income | -19.1 M | -20 M | |
| Net Loss | -15.9 M | -16.7 M | |
| Income Before Tax | -15.9 M | -16.7 M | |
| Total Other Income Expense Net | 2.8 M | 1.9 M | |
| Net Loss | -15.9 M | -15.2 M | |
| Change To Netincome | -1.8 M | -1.7 M | |
| Net Loss | (0.17) | (0.18) | |
| Income Quality | 1.05 | 0.70 | |
| Net Income Per E B T | 0.95 | 1.10 |
Mayfair Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mayfair Gold. 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 Mayfair Gold 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 Mayfair Gold's important profitability drivers and their relationship over time.
Use Mayfair Gold 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 Mayfair Gold 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 Mayfair Gold will appreciate offsetting losses from the drop in the long position's value.Mayfair Gold Pair Trading
Mayfair Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Mayfair Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mayfair Gold 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 Mayfair Gold - 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 Mayfair Gold Corp to buy it.
The correlation of Mayfair Gold 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 Mayfair Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mayfair Gold Corp 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 Mayfair Gold 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 Mayfair Gold position
In addition to having Mayfair Gold 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Additional Tools for Mayfair Stock Analysis
When running Mayfair Gold's price analysis, check to measure Mayfair Gold'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 Mayfair Gold is operating at the current time. Most of Mayfair Gold's value examination focuses on studying past and present price action to predict the probability of Mayfair Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayfair Gold's price. Additionally, you may evaluate how the addition of Mayfair Gold to your portfolios can decrease your overall portfolio volatility.