Magna Terra Return On Equity vs. Price To Book
| MTT Stock | CAD 0.03 0.01 25.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 1.57 | Current Value 1.65 | Quarterly Volatility 9.55038621 |
For Magna Terra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna Terra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna Terra Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna Terra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna Terra Minerals over time as well as its relative position and ranking within its peers.
Magna |
Magna Terra Minerals Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magna Terra's current stock value. Our valuation model uses many indicators to compare Magna Terra value to that of its competitors to determine the firm's financial worth. Magna Terra Minerals is regarded second in return on equity category among its peers. It is considered to be number one stock in price to book category among its peers . At this time, Magna Terra's Return On Equity 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 Magna Terra's earnings, one of the primary drivers of an investment's value.Magna Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Magna Terra |
| = | -0.21 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Magna Terra |
| = | 90.59 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.
Magna Price To Book Comparison
Magna Terra is currently under evaluation in price to book category among its peers.
Magna Terra Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magna Terra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magna Terra will eventually generate negative long term returns. The profitability progress is the general direction of Magna Terra's change in net profit over the period of time. It can combine multiple indicators of Magna Terra, 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 | 857.8 K | 853.4 K | |
| Operating Income | -971.7 K | -1 M | |
| Net Loss | -1.1 M | -1.2 M | |
| Income Tax Expense | -144.6 K | -137.4 K | |
| Income Before Tax | -1.1 M | -1.2 M | |
| Total Other Income Expense Net | 136.1 K | 142.9 K | |
| Net Loss | -871.7 K | -828.1 K | |
| Net Loss | -1.3 M | -1.3 M | |
| Change To Netincome | -44.1 K | -46.3 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.40 | 0.66 | |
| Net Income Per E B T | 1.15 | 1.21 |
Magna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magna Terra. 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 Magna Terra 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 Magna Terra's important profitability drivers and their relationship over time.
Use Magna Terra 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 Magna Terra 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 Magna Terra will appreciate offsetting losses from the drop in the long position's value.Magna Terra Pair Trading
Magna Terra Minerals Pair Trading Analysis
The ability to find closely correlated positions to Magna Terra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna Terra 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 Magna Terra - 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 Magna Terra Minerals to buy it.
The correlation of Magna Terra 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 Magna Terra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna Terra Minerals 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 Magna Terra 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 Magna Terra position
In addition to having Magna Terra 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?
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Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 224 constituents at this time.
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Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.