Mdundo Financial Statements From 2010 to 2024
| MDUNDO Stock | DKK 5.20 0.10 1.89% |
Check Mdundo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mdundo's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mdundo financial statements analysis is a perfect complement when working with Mdundo Valuation or Volatility modules.
Mdundo |
Mdundo Com As Company Return On Asset Analysis
Mdundo's 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.
Current Mdundo Return On Asset | -0.13 |
Most of Mdundo's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mdundo Com As is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Mdundo Com As has a Return On Asset of -0.1332. This is 103.22% lower than that of the Communication Services sector and significantly lower than that of the Internet Content & Information industry. The return on asset for all Denmark stocks is 4.86% lower than that of the firm.
Mdundo Com As Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mdundo's current stock value. Our valuation model uses many indicators to compare Mdundo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mdundo competition to find correlations between indicators driving Mdundo's intrinsic value. More Info.Mdundo Com As is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mdundo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mdundo'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.About Mdundo Financial Statements
Mdundo stakeholders use historical fundamental indicators, such as Mdundo's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mdundo investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mdundo's assets and liabilities are reflected in the revenues and expenses on Mdundo's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mdundo Com As. Please read more on our technical analysis and fundamental analysis pages.
Mdundo.com AS provides mobile-web based music streaming and downloading services in Sub-Saharan Africa. The company was incorporated in 2020 and is based in Charlottenlund, Denmark. Mdundo is traded on Copenhagen Stock Exchange in Denmark.
Pair Trading with Mdundo
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 Mdundo 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 Mdundo will appreciate offsetting losses from the drop in the long position's value.Moving together with Mdundo Stock
Moving against Mdundo Stock
| 0.76 | NETC | Netcompany Group | PairCorr |
| 0.74 | RILBA | Ringkjoebing Landbobank | PairCorr |
| 0.67 | HAIDKOBL | Handelsinvest Danske | PairCorr |
| 0.65 | MAERSK-A | AP Mller | PairCorr |
| 0.62 | JYIVIRK | Jyske Invest Virksom | PairCorr |
The ability to find closely correlated positions to Mdundo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mdundo 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 Mdundo - 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 Mdundo Com As to buy it.
The correlation of Mdundo 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 Mdundo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mdundo Com As 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 Mdundo 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.Other Information on Investing in Mdundo Stock
Mdundo financial ratios help investors to determine whether Mdundo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mdundo with respect to the benefits of owning Mdundo security.