You can employ fundamental analysis to find out if Mullen Group is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate fourty available fundamentals for Mullen, which can be compared to its peers in the industry. The stock experiences a moderate upward volatility. Check odds of Mullen to be traded at C$17.01 in 90 days. Key indicators impacting Mullen's financial strength include:
Mullen competes with Pason Systems, Westshore Terminals, Superior Plus, Gibson Energy, and Transcontinental. Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada. MULLEN GROUP operates under Trucking classification in Canada and is traded on Toronto Stock Exchange. It employs 6124 people.
You should never invest in Mullen without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mullen Stock, because this is throwing your money away. Analyzing the key information contained in Mullen's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mullen Key Financial Ratios
Mullen's financial ratios allow both analysts and investors to convert raw data from Mullen's financial statements into concise, actionable information that can be used to evaluate the performance of Mullen over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Mullen's current stock value. Our valuation model uses many indicators to compare Mullen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mullen competition to find correlations between indicators driving Mullen's intrinsic value. More Info.
Mullen Group 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 reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mullen Group is roughly 2.06 . At this time, Mullen's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mullen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mullen'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.
Mullen Group Systematic Risk
Mullen's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mullen 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mullen Group correlated with the market. If Beta is less than 0 Mullen generally moves in the opposite direction as compared to the market. If Mullen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mullen Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mullen is generally in the same direction as the market. If Beta > 1 Mullen moves generally in the same direction as, but more than the movement of the benchmark.
Mullen Group Total Assets Over Time
Today, most investors in Mullen Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mullen'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 Mullen growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Mullen help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mullen Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mullen Group based on widely used predictive technical indicators. In general, we focus on analyzing Mullen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mullen's daily price indicators and compare them against related drivers.
Mullen financial ratios help investors to determine whether Mullen 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 Mullen with respect to the benefits of owning Mullen security.