Mydas Real Shares Outstanding vs. Current Valuation
| MYDS Stock | ILS 39.00 0.30 0.76% |
For Mydas Real profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mydas Real to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mydas Real Estate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mydas Real's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mydas Real Estate over time as well as its relative position and ranking within its peers.
Mydas |
Mydas Real Estate Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mydas Real's current stock value. Our valuation model uses many indicators to compare Mydas Real value to that of its competitors to determine the firm's financial worth. Mydas Real Estate is considered to be number one stock in shares outstanding category among its peers. It is regarded second in current valuation category among its peers reporting about 2.37 of Current Valuation per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mydas Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mydas Real'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.Mydas Current Valuation vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Mydas Real |
| = | 82.44 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Mydas Real |
| = | 195.65 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Mydas Current Valuation vs Competition
Mydas Real Estate is regarded second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Real Estate industry is now estimated at about 3.93 Billion. Mydas Real holds roughly 195.65 Million in current valuation claiming about 5% of equities listed under Real Estate industry.
Mydas Real Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mydas Real, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mydas Real will eventually generate negative long term returns. The profitability progress is the general direction of Mydas Real's change in net profit over the period of time. It can combine multiple indicators of Mydas Real, 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.
Mydas Real Estate Investmens Ltd, formerly known as Mydas Investment Fund Ltd., owns and operates retirement homes and hotels. Mydas Real Estate Investmens Ltd is based in Soreq Valley, Israel. MYDAS REAL is traded on Tel Aviv Stock Exchange in Israel.
Mydas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mydas Real. 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 Mydas Real 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 Mydas Real's important profitability drivers and their relationship over time.
Use Mydas Real 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 Mydas Real 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 Mydas Real will appreciate offsetting losses from the drop in the long position's value.Mydas Real Pair Trading
Mydas Real Estate Pair Trading Analysis
The ability to find closely correlated positions to Mydas Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mydas Real 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 Mydas Real - 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 Mydas Real Estate to buy it.
The correlation of Mydas Real 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 Mydas Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mydas Real Estate 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 Mydas Real 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 Mydas Real position
In addition to having Mydas Real 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 Target Outcome ETFs Thematic Idea Now
Target Outcome ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 92 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 Target Outcome ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Mydas Stock
To fully project Mydas Real's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mydas Real Estate 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 Mydas Real's income statement, its balance sheet, and the statement of cash flows.