Mullen Group Stock Number Of Employees

MTL Stock  CAD 12.82  0.09  0.70%   
Mullen Group fundamentals help investors to digest information that contributes to Mullen's financial success or failures. It also enables traders to predict the movement of Mullen Stock. The fundamental analysis module provides a way to measure Mullen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mullen stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mullen Group Company Number Of Employees Analysis

Mullen's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Number of Employees

 = 

Full Time

+

Part Time

More About Number Of Employees | All Equity Analysis

Current Mullen Number Of Employees

    
  8.07 K  
Most of Mullen's fundamental indicators, such as Number Of Employees, 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, Mullen Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Mullen Number Of Employees Driver Correlations

Understanding the fundamental principles of building solid financial models for Mullen is extremely important. It helps to project a fair market value of Mullen Stock properly, considering its historical fundamentals such as Number Of Employees. Since Mullen's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mullen's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mullen's interrelated accounts and indicators.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Competition

Based on the recorded statements, Mullen Group is currently employing 8.07 K people. This is 35.29% lower than that of the Ground Transportation sector and 39.85% lower than that of the Industrials industry. The number of employees for all Canada stocks is 57.17% higher than that of the company.
Mullen Group is considered to be number one stock in number of employees category among its peers. The total workforce of Industrials industry is now estimated at about 15,470. Mullen totals roughly 8,070 in number of employees claiming about 52% of equities under Industrials industry.

Mullen Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mullen from analyzing Mullen's financial statements. These drivers represent accounts that assess Mullen's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mullen's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap971.7M1.1B1.1B1.4B1.6B2.1B
Enterprise Value1.5B1.6B1.9B2.1B2.4B2.5B

Mullen Fundamentals

About Mullen Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mullen Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mullen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mullen Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Mullen

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 Mullen 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 Mullen will appreciate offsetting losses from the drop in the long position's value.

Moving against Mullen Stock

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The ability to find closely correlated positions to Mullen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen 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 Mullen - 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 Mullen Group to buy it.
The correlation of Mullen 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 Mullen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Group 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 Mullen 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 Mullen Stock

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.