MTR Corp Cash And Equivalents vs. Price To Book
| MTCPY Stock | USD 10.20 0.10 0.99% |
For MTR Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MTR Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MTR Corp Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MTR Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MTR Corp Ltd over time as well as its relative position and ranking within its peers.
MTR |
MTR Corp Price To Book vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MTR Corp's current stock value. Our valuation model uses many indicators to compare MTR Corp value to that of its competitors to determine the firm's financial worth. MTR Corp Ltd is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Cash And Equivalents to Price To Book for MTR Corp Ltd is about 9,090,201,572 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MTR Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MTR Corp's Pink Sheet. 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.MTR Price To Book vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
MTR Corp |
| = | 11.68 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MTR Corp |
| = | 1.28 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
MTR Price To Book Comparison
MTR Corp is currently under evaluation in price to book category among its peers.
MTR Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MTR Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MTR Corp will eventually generate negative long term returns. The profitability progress is the general direction of MTR Corp's change in net profit over the period of time. It can combine multiple indicators of MTR Corp, 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.
MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. MTR Corporation Limited was founded in 1975 and is headquartered in Kowloon Bay, Hong Kong. Mtr Corp operates under Railroads classification in the United States and is traded on OTC Exchange. It employs 32077 people.
MTR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MTR Corp. 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 MTR Corp 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 MTR Corp's important profitability drivers and their relationship over time.
Use MTR Corp 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 MTR Corp 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 MTR Corp will appreciate offsetting losses from the drop in the long position's value.MTR Corp Pair Trading
MTR Corp Ltd Pair Trading Analysis
The ability to find closely correlated positions to MTR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTR Corp 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 MTR Corp - 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 MTR Corp Ltd to buy it.
The correlation of MTR Corp 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 MTR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTR 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 MTR Corp 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 MTR Corp position
In addition to having MTR Corp 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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Additional Tools for MTR Pink Sheet Analysis
When running MTR Corp's price analysis, check to measure MTR Corp'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 MTR Corp is operating at the current time. Most of MTR Corp's value examination focuses on studying past and present price action to predict the probability of MTR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTR Corp's price. Additionally, you may evaluate how the addition of MTR Corp to your portfolios can decrease your overall portfolio volatility.