Considering the key profitability indicators obtained from Morguard North's historical financial statements, Morguard North American is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Morguard North's ability to earn profits and add value for shareholders.
For Morguard North profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morguard North to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Morguard North American utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morguard North's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morguard North American over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between Morguard North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morguard North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morguard North's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Morguard North American Price To Earning vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Morguard North's current stock value. Our valuation model uses many indicators to compare Morguard North value to that of its competitors to determine the firm's financial worth.
Morguard North American is regarded third in profit margin category among its peers. It is rated below average in price to earning category among its peers reporting about 11.65 of Price To Earning per Profit Margin. At present, Morguard North's Net Profit Margin is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard North'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.
Morguard Price To Earning vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Morguard North
Profit Margin
=
Net Income
Revenue
X
100
=
0.23 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Morguard North
P/E
=
Market Value Per Share
Earnings Per Share
=
2.63 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.
Morguard Price To Earning Comparison
Morguard North is currently under evaluation in price to earning category among its peers.
Morguard North Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Morguard North, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morguard North will eventually generate negative long term returns. The profitability progress is the general direction of Morguard North's change in net profit over the period of time. It can combine multiple indicators of Morguard North, 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.
Profitability drivers are factors that can directly affect your investment outlook on Morguard North. 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 Morguard North 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 Morguard North's important profitability drivers and their relationship over time.
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 Morguard North 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 Morguard North will appreciate offsetting losses from the drop in the long position's value.
Morguard North Pair Trading
Morguard North American Pair Trading Analysis
The ability to find closely correlated positions to Morguard North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard North 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 Morguard North - 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 Morguard North American to buy it.
The correlation of Morguard North 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 Morguard North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard North American 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 Morguard North 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.
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To fully project Morguard North's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Morguard North American 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 Morguard North's income statement, its balance sheet, and the statement of cash flows.
Potential Morguard North investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Morguard North investors may work on each financial statement separately, they are all related. The changes in Morguard North's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morguard North's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
