Morguard Shareholders Equity Per Share from 2010 to 2024

MRT-UN Stock  CAD 5.61  0.01  0.18%   
Morguard Real's Shareholders Equity Per Share is decreasing over the years with slightly volatile fluctuation. Shareholders Equity Per Share is expected to dwindle to 12.83. From 2010 to 2024 Morguard Real Shareholders Equity Per Share quarterly data regression line had arithmetic mean of  20.56 and r-squared of  0.09. View All Fundamentals
 
Shareholders Equity Per Share  
First Reported
2010-12-31
Previous Quarter
14.97715901
Current Value
12.83
Quarterly Volatility
5.30350672
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Morguard Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morguard Real's main balance sheet or income statement drivers, such as Depreciation And Amortization of 72.2 K, Selling General Administrative of 4 M or Total Revenue of 239.3 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0653 or PTB Ratio of 0.34. Morguard financial statements analysis is a perfect complement when working with Morguard Real Valuation or Volatility modules.
  
This module can also supplement various Morguard Real Technical models . Check out the analysis of Morguard Real Correlation against competitors.

Pair Trading with Morguard Real

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 Morguard 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 Morguard Real will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Morguard 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 Morguard 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 Morguard 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 Morguard Real Estate to buy it.
The correlation of Morguard 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 Morguard Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard 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 Morguard 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Morguard Stock

Morguard Real financial ratios help investors to determine whether Morguard 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 Morguard with respect to the benefits of owning Morguard Real security.