MIRC Electronics Net Income vs. Shares Owned By Insiders
| MIRCELECTR | 23.18 1.54 6.23% |
Net Loss | First Reported 2012-06-30 | Previous Quarter 4.4 M | Current Value 13.5 M | Quarterly Volatility 117.8 M |
For MIRC Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MIRC Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MIRC Electronics Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MIRC Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MIRC Electronics Limited over time as well as its relative position and ranking within its peers.
MIRC |
MIRC Electronics Shares Owned By Insiders vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MIRC Electronics's current stock value. Our valuation model uses many indicators to compare MIRC Electronics value to that of its competitors to determine the firm's financial worth. MIRC Electronics Limited is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in shares owned by insiders category among its peers . At present, MIRC Electronics' Net Loss is projected to decrease significantly based on the last few years of reporting. 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 MIRC Electronics' earnings, one of the primary drivers of an investment's value.MIRC Shares Owned By Insiders 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.
MIRC Electronics |
| = | (622.08 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
MIRC Electronics |
| = | 56.74 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
MIRC Shares Owned By Insiders Comparison
MIRC Electronics is currently under evaluation in shares owned by insiders category among its peers.
MIRC Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MIRC Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MIRC Electronics will eventually generate negative long term returns. The profitability progress is the general direction of MIRC Electronics' change in net profit over the period of time. It can combine multiple indicators of MIRC Electronics, 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 | 1.1 B | 1.2 B | |
| Operating Income | -536.5 M | -509.7 M | |
| Income Before Tax | -622.1 M | -591 M | |
| Total Other Income Expense Net | -85.6 M | -89.9 M | |
| Net Loss | -622.1 M | -591 M | |
| Income Tax Expense | 79.6 M | 83.6 M | |
| Net Loss | -622.1 M | -591 M | |
| Net Loss | -143.4 M | -150.6 M | |
| Interest Income | 98.1 M | 115 M | |
| Net Interest Income | -150.5 M | -158 M | |
| Change To Netincome | 76.2 M | 72.4 M |
MIRC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MIRC Electronics. 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 MIRC Electronics 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 MIRC Electronics' important profitability drivers and their relationship over time.
Use MIRC Electronics 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 MIRC Electronics 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 MIRC Electronics will appreciate offsetting losses from the drop in the long position's value.MIRC Electronics Pair Trading
MIRC Electronics Limited Pair Trading Analysis
The ability to find closely correlated positions to MIRC Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIRC Electronics 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 MIRC Electronics - 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 MIRC Electronics Limited to buy it.
The correlation of MIRC Electronics 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 MIRC Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIRC Electronics 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 MIRC Electronics 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 MIRC Electronics position
In addition to having MIRC Electronics 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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Coal
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 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 Coal Theme or any other thematic opportunities.
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Other Information on Investing in MIRC Stock
To fully project MIRC Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MIRC Electronics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MIRC Electronics' income statement, its balance sheet, and the statement of cash flows.