Mkango Resources Shares Owned By Institutions vs. Retained Earnings
| MKA Stock | 7.65 0.25 3.16% |
For Mkango Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mkango Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mkango Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mkango Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mkango Resources over time as well as its relative position and ranking within its peers.
Mkango |
Mkango Resources Retained Earnings vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mkango Resources's current stock value. Our valuation model uses many indicators to compare Mkango Resources value to that of its competitors to determine the firm's financial worth. Mkango Resources is considered to be number one stock in shares owned by institutions category among its peers. It also is considered to be number one stock in retained earnings category among its peers . At present, Mkango Resources' Retained Earnings are 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 Mkango Resources' earnings, one of the primary drivers of an investment's value.Mkango Retained Earnings vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Mkango Resources |
| = | 2.23 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Mkango Resources |
| = | (46.59 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Mkango Retained Earnings Comparison
Mkango Resources is currently under evaluation in retained earnings category among its peers.
Mkango Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mkango Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mkango Resources will eventually generate negative long term returns. The profitability progress is the general direction of Mkango Resources' change in net profit over the period of time. It can combine multiple indicators of Mkango 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 | -70.4 K | -66.9 K | |
| Operating Income | -4.5 M | -4.7 M | |
| Total Other Income Expense Net | 254.5 K | 129.4 K | |
| Net Loss | -4.1 M | -4.3 M | |
| Income Tax Expense | 59.1 K | 62.1 K | |
| Income Before Tax | -4.2 M | -4.5 M | |
| Net Loss | -4.2 M | -4.4 M | |
| Net Loss | -5.4 M | -5.1 M | |
| Net Interest Income | -58.3 K | -55.4 K | |
| Interest Income | 53.00 | 50.35 | |
| Change To Netincome | 1 M | 1.1 M |
Mkango Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mkango 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 Mkango 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 Mkango Resources' important profitability drivers and their relationship over time.
Use Mkango 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 Mkango 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 Mkango Resources will appreciate offsetting losses from the drop in the long position's value.Mkango Resources Pair Trading
Mkango Resources Pair Trading Analysis
The ability to find closely correlated positions to Mkango 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 Mkango 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 Mkango 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 Mkango Resources to buy it.
The correlation of Mkango 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 Mkango Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mkango 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 Mkango 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 Mkango Resources position
In addition to having Mkango 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?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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Other Information on Investing in Mkango Stock
To fully project Mkango Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mkango Resources 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 Mkango Resources' income statement, its balance sheet, and the statement of cash flows.