Minco Capital Return On Asset vs. Gross Profit
| MMM Stock | CAD 0.05 0.00 0.00% |
For Minco Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Minco Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Minco Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Minco Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Minco Capital Corp over time as well as its relative position and ranking within its peers.
Minco |
Minco Capital Corp Gross Profit vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Minco Capital's current stock value. Our valuation model uses many indicators to compare Minco Capital value to that of its competitors to determine the firm's financial worth. Minco Capital Corp is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in gross profit category among its peers . At this time, Minco Capital's Gross Profit 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 Minco Capital's earnings, one of the primary drivers of an investment's value.Minco Gross Profit vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Minco Capital |
| = | -0.11 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Minco Capital |
| = | (1.21 M) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Minco Gross Profit Comparison
Minco Capital is currently under evaluation in gross profit category among its peers.
Minco Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Minco Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Minco Capital will eventually generate negative long term returns. The profitability progress is the general direction of Minco Capital's change in net profit over the period of time. It can combine multiple indicators of Minco Capital, 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 | ||
| Operating Income | -1.4 M | -1.5 M | |
| Net Loss | -1.4 M | -1.3 M | |
| Income Before Tax | -1.4 M | -1.3 M | |
| Total Other Income Expense Net | -5.9 K | -5.6 K | |
| Net Loss | -2.3 M | -2.2 M | |
| Net Loss | -1.4 M | -1.3 M | |
| Net Interest Income | -15.8 K | -15 K | |
| Interest Income | 56.2 K | 49.9 K | |
| Change To Netincome | -285.9 K | -300.2 K |
Minco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Minco Capital. 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 Minco Capital 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 Minco Capital's important profitability drivers and their relationship over time.
Use Minco Capital 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 Minco Capital 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 Minco Capital will appreciate offsetting losses from the drop in the long position's value.Minco Capital Pair Trading
Minco Capital Corp Pair Trading Analysis
The ability to find closely correlated positions to Minco Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minco Capital 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 Minco Capital - 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 Minco Capital Corp to buy it.
The correlation of Minco Capital 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 Minco Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minco Capital 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 Minco Capital 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 Minco Capital position
In addition to having Minco Capital 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
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Additional Tools for Minco Stock Analysis
When running Minco Capital's price analysis, check to measure Minco Capital'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 Minco Capital is operating at the current time. Most of Minco Capital's value examination focuses on studying past and present price action to predict the probability of Minco Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minco Capital's price. Additionally, you may evaluate how the addition of Minco Capital to your portfolios can decrease your overall portfolio volatility.