MFC Nichada Price To Earning vs. Book Value Per Share
Based on the key profitability measurements obtained from MFC Nichada's financial statements, MFC Nichada Thani Property may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess MFC Nichada's ability to earn profits and add value for shareholders.
Check out Correlation Analysis.
For MFC Nichada profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MFC Nichada to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MFC Nichada Thani Property utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MFC Nichada's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MFC Nichada Thani Property over time as well as its relative position and ranking within its peers.
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MFC Nichada Thani Book Value Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MFC Nichada's current stock value. Our valuation model uses many indicators to compare MFC Nichada value to that of its competitors to determine the firm's financial worth. MFC Nichada Thani Property is regarded third in price to earning category among its peers. It is regarded fifth in book value per share category among its peers creating about 0.18 of Book Value Per Share per Price To Earning. The ratio of Price To Earning to Book Value Per Share for MFC Nichada Thani Property is roughly 5.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MFC Nichada by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MFC Nichada's Stock. 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.MFC Book Value Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
MFC Nichada |
| = | 30.06 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
MFC Nichada |
| = | 5.29 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
MFC Book Value Per Share Comparison
MFC Nichada is currently under evaluation in book value per share category among its peers.
MFC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MFC Nichada. 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 MFC Nichada 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 MFC Nichada's important profitability drivers and their relationship over time.
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| Market Capitalization vs Book Value Per Share |
Use MFC Nichada 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 MFC Nichada 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 MFC Nichada will appreciate offsetting losses from the drop in the long position's value.MFC Nichada Pair Trading
MFC Nichada Thani Property Pair Trading Analysis
The ability to find closely correlated positions to MFC Nichada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFC Nichada 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 MFC Nichada - 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 MFC Nichada Thani Property to buy it.
The correlation of MFC Nichada 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 MFC Nichada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFC Nichada Thani 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 MFC Nichada 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 MFC Nichada position
In addition to having MFC Nichada 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 Outsourcing Thematic Idea Now
Outsourcing
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing 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 Outsourcing Theme or any other thematic opportunities.
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Other Information on Investing in MFC Stock
To fully project MFC Nichada's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MFC Nichada Thani 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 MFC Nichada's income statement, its balance sheet, and the statement of cash flows.