We recommend to make use of Manganese X Energy fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Manganese X Energy as well as the relationship between them. We were able to interpolate twenty-four available fundamentals for Manganese, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Manganese to be traded at C$0.0808 in 90 days. Key indicators impacting Manganese's financial strength include:
Please note, the imprecision that can be found in Manganese's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Manganese X Energy. Check Manganese's Beneish M Score to see the likelihood of Manganese's management manipulating its earnings.
Manganese Stock Summary
Manganese X Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. Manganese X Energy Corp. is headquartered in Saint-Laurent, Canada. MANGANESE is traded on TSX Venture Exchange in Canada.
You should never invest in Manganese without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Manganese Stock, because this is throwing your money away. Analyzing the key information contained in Manganese's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Manganese Key Financial Ratios
There are many critical financial ratios that Manganese's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Manganese X Energy reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Manganese's current stock value. Our valuation model uses many indicators to compare Manganese value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manganese competition to find correlations between indicators driving Manganese's intrinsic value. More Info.
Manganese X Energy is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers . At this time, Manganese's Return On Equity is fairly stable compared to the past year. 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 Manganese's earnings, one of the primary drivers of an investment's value.
Manganese X Energy Systematic Risk
Manganese's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Manganese volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Manganese X Energy correlated with the market. If Beta is less than 0 Manganese generally moves in the opposite direction as compared to the market. If Manganese Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Manganese X Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Manganese is generally in the same direction as the market. If Beta > 1 Manganese moves generally in the same direction as, but more than the movement of the benchmark.
Manganese X Energy Total Assets Over Time
Today, most investors in Manganese Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Manganese's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Manganese growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Manganese help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Manganese X Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Manganese X Energy based on widely used predictive technical indicators. In general, we focus on analyzing Manganese Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Manganese's daily price indicators and compare them against related drivers.
When running Manganese's price analysis, check to measure Manganese's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manganese is operating at the current time. Most of Manganese's value examination focuses on studying past and present price action to predict the probability of Manganese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manganese's price. Additionally, you may evaluate how the addition of Manganese to your portfolios can decrease your overall portfolio volatility.