Purchase by Jason Goodson of 200 shares of Mallinckrodt Plc
MNKDelisted Stock | USD 0.46 0.02 4.17% |
About 62% of Mallinckrodt Plc's investor base is looking to short. The analysis of current outlook of investing in Mallinckrodt Plc suggests that many traders are alarmed regarding Mallinckrodt Plc's prospects. Mallinckrodt Plc's investing sentiment shows overall attitude of investors towards Mallinckrodt Plc.
Mallinckrodt |
Filed transaction by Mallinckrodt Plc officer. General open market or private purchase of non-derivative or derivative security
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Mallinckrodt Plc Fundamental Analysis
We analyze Mallinckrodt Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mallinckrodt Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mallinckrodt Plc 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.
Return On Equity
Return On Equity Comparative Analysis
Mallinckrodt Plc is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Mallinckrodt Plc 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 Mallinckrodt Plc stock to make a market-neutral strategy. Peer analysis of Mallinckrodt Plc could also be used in its relative valuation, which is a method of valuing Mallinckrodt Plc by comparing valuation metrics with similar companies.
Peers
Mallinckrodt Plc Related Equities
LFCR | Lifecore Biomedical | 6.59 | ||||
ACB | Aurora Cannabis | 0.46 | ||||
ORGO | Organogenesis Holdings | 0.54 | ||||
SNDL | SNDL | 1.61 | ||||
SHPH | Shuttle Pharmaceuticals | 2.51 | ||||
CRON | Cronos | 3.48 | ||||
DERM | Journey Medical | 4.78 | ||||
CGC | Canopy Growth | 6.03 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Mallinckrodt Stock
If you are still planning to invest in Mallinckrodt Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mallinckrodt Plc's history and understand the potential risks before investing.
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