Mountain High Current Valuation vs. Return On Asset

MYHIDelisted Stock  USD 0.0001  0.00  0.00%   
Considering the key profitability indicators obtained from Mountain High's historical financial statements, Mountain High Acquisitions may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Mountain High's ability to earn profits and add value for shareholders.
For Mountain High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mountain High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mountain High Acquisitions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mountain High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mountain High Acquisitions over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Please note, there is a significant difference between Mountain High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mountain High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mountain High'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.

Mountain High Acquis Return On Asset vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mountain High's current stock value. Our valuation model uses many indicators to compare Mountain High value to that of its competitors to determine the firm's financial worth.
Mountain High Acquisitions is rated below average in current valuation category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mountain High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mountain High'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.

Mountain Current Valuation vs. Competition

Mountain High Acquisitions is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Drug Manufacturers—Specialty & Generic industry is now estimated at about 49.93 Million. Mountain High adds roughly 166,625 in current valuation claiming only tiny portion of equities under Drug Manufacturers—Specialty & Generic industry.

Mountain Return On Asset vs. Current Valuation

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.

Mountain High

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
166.62 K
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Mountain High

Return On Asset

 = 

Net Income

Total Assets

 = 
-1.07
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Mountain Return On Asset Comparison

Mountain High is currently under evaluation in return on asset category among its peers.

Mountain High Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mountain High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mountain High will eventually generate negative long term returns. The profitability progress is the general direction of Mountain High's change in net profit over the period of time. It can combine multiple indicators of Mountain High, 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.
Mountain High Acquisitions Corp focuses on the acquisition and development of businesses and other assets within the hemp industry. MOUNTAIN HIGH operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.

Mountain Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mountain High. 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 Mountain High 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 Mountain High's important profitability drivers and their relationship over time.

Use Mountain High 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 Mountain High 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 Mountain High will appreciate offsetting losses from the drop in the long position's value.

Mountain High Pair Trading

Mountain High Acquisitions Pair Trading Analysis

The ability to find closely correlated positions to Mountain High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mountain High 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 Mountain High - 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 Mountain High Acquisitions to buy it.
The correlation of Mountain High 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 Mountain High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mountain High Acquis 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 Mountain High 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Mountain High position

In addition to having Mountain High 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
Manufacturing Theme
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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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Consideration for investing in Mountain Pink Sheet

If you are still planning to invest in Mountain High Acquis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mountain High's history and understand the potential risks before investing.
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