Mynaric AG Price To Book vs. Total Debt
| MYNADelisted Stock | USD 0.14 0.01 7.69% |
For Mynaric AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mynaric AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mynaric AG ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mynaric AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mynaric AG ADR over time as well as its relative position and ranking within its peers.
Mynaric |
Mynaric AG ADR Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mynaric AG's current stock value. Our valuation model uses many indicators to compare Mynaric AG value to that of its competitors to determine the firm's financial worth. Mynaric AG ADR is regarded third in price to book category among its peers. It is rated below average in total debt category among its peers making up about 38,410,033 of Total Debt per Price To Book. 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 Mynaric AG's earnings, one of the primary drivers of an investment's value.Mynaric Total Debt vs. Price To Book
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.
Mynaric AG |
| = | 2.29 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Mynaric AG |
| = | 88.06 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Mynaric Total Debt vs Competition
Mynaric AG ADR is rated below average in total debt category among its peers. Total debt of Information Technology industry is now estimated at about 4.16 Billion. Mynaric AG holds roughly 88.06 Million in total debt claiming about 2.12% of equities under Information Technology industry.
Mynaric AG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mynaric AG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mynaric AG will eventually generate negative long term returns. The profitability progress is the general direction of Mynaric AG's change in net profit over the period of time. It can combine multiple indicators of Mynaric AG, 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.
Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company was incorporated in 2009 and is headquartered in Gilching, Germany. Mynaric Ag operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 248 people.
Mynaric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mynaric AG. 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 Mynaric AG 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 Mynaric AG's important profitability drivers and their relationship over time.
Use Mynaric AG 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 Mynaric AG 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 Mynaric AG will appreciate offsetting losses from the drop in the long position's value.Mynaric AG Pair Trading
Mynaric AG ADR Pair Trading Analysis
The ability to find closely correlated positions to Mynaric AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mynaric AG 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 Mynaric AG - 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 Mynaric AG ADR to buy it.
The correlation of Mynaric AG 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 Mynaric AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mynaric AG ADR 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 Mynaric AG 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 Mynaric AG position
In addition to having Mynaric AG 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 Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 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 Communication 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 board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Mynaric Stock
If you are still planning to invest in Mynaric AG ADR 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 Mynaric AG's history and understand the potential risks before investing.
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