Mountain Province Diamonds Inc. Held Back By Insufficient Growth Even After Shares Climb 33 percent - Simply Wall St
| MPVD Stock | CAD 0.12 0.01 9.09% |
About 55% of Mountain Province's investors are presently thinking to get in. The current sentiment regarding investing in Mountain Province Diamonds stock implies that some traders are interested. Mountain Province's investing sentiment overview a quick insight into current market opportunities from investing in Mountain Province Diamonds. Many technical investors use Mountain Province stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Mountain |
Mountain Province Diamonds Inc. Held Back By Insufficient Growth Even After Shares Climb 33 Simply Wall St
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Mountain Province Fundamental Analysis
We analyze Mountain Province's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mountain Province using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mountain Province 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
Mountain Province 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.
Mountain Province 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 Mountain Province stock to make a market-neutral strategy. Peer analysis of Mountain Province could also be used in its relative valuation, which is a method of valuing Mountain Province by comparing valuation metrics with similar companies.
Peers
Mountain Province Related Equities
| LN | Loncor Resources | 1.89 | ||||
| XTG | Xtra Gold | 1.57 |
Other Information on Investing in Mountain Stock
Mountain Province financial ratios help investors to determine whether Mountain 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 Mountain with respect to the benefits of owning Mountain Province security.