Mitsubishi Electric Reports Steady Revenue Growth - TipRanks
| MIELY Stock | USD 30.89 0.40 1.28% |
Slightly above 62% of Mitsubishi Electric's investor base is looking to short. The analysis of overall sentiment of trading Mitsubishi Electric Corp pink sheet suggests that many investors are alarmed at this time. Mitsubishi Electric's investing sentiment can be driven by a variety of factors including economic data, Mitsubishi Electric's earnings reports, geopolitical events, and overall market trends.
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Mitsubishi Electric Reports Steady Revenue Growth TipRanks
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Mitsubishi Electric Fundamental Analysis
We analyze Mitsubishi Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitsubishi Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitsubishi Electric 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.
Beta
Beta Comparative Analysis
Mitsubishi Electric is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Mitsubishi Electric Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mitsubishi Electric pink sheet to make a market-neutral strategy. Peer analysis of Mitsubishi Electric could also be used in its relative valuation, which is a method of valuing Mitsubishi Electric by comparing valuation metrics with similar companies.
Peers
Mitsubishi Electric Related Equities
| VRT | Vertiv Holdings | 2.99 | ||||
| POWL | Powell Industries | 2.56 | ||||
| LGRDY | Legrand SA | 0.55 | ||||
| TNTLF | Tantalus Systems | 0.79 | ||||
| ATKR | Atkore International | 1.27 | ||||
| XPON | Expion360 | 1.72 | ||||
| FREY | FREYR Battery | 2.55 | ||||
| PHPPY | Signify NV | 3.60 | ||||
| RFIL | RF Industries | 5.19 |
Additional Tools for Mitsubishi Pink Sheet Analysis
When running Mitsubishi Electric's price analysis, check to measure Mitsubishi Electric'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 Mitsubishi Electric is operating at the current time. Most of Mitsubishi Electric's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Electric's price. Additionally, you may evaluate how the addition of Mitsubishi Electric to your portfolios can decrease your overall portfolio volatility.