Mandalay Historical Valuation
| MND Stock | CAD 5.16 0.08 1.53% |
Some fundamental drivers such as market cap or Mandalay Resources enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Mandalay Resources Corp valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Mandalay Resources's future value.
Mandalay |
About Mandalay Valuation Data Analysis
Valuation is the financial process of determining what Mandalay Resources is worth. Mandalay Resources valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Mandalay Resources valuation ratios help investors to determine whether Mandalay 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 Mandalay with respect to the benefits of owning Mandalay Resources security.
Mandalay Resources Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Mandalay Resources theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Mandalay Resources Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Mandalay Resources value than its market capitalization because it takes into account all of Mandalay Resources Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Mandalay Resources' valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Mandalay Resources Corp current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mandalay Resources Corp. 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. As of the 30th of March 2025, Market Cap is likely to grow to about 267.9 M. Also, Enterprise Value is likely to grow to about 192.6 M
Mandalay Resources valuation accounts Correlations
Mandalay Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Mandalay Resources valuation accounts Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 139.5M | 167.1M | 205.9M | 135.6M | 255.1M | 267.9M | |
| Enterprise Value | 169.3M | 186.1M | 191.6M | 131.7M | 183.4M | 192.6M |
Pair Trading with Mandalay Resources
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 Mandalay Resources 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 Mandalay Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Mandalay Stock
| 0.65 | AG | First Majestic Silver | PairCorr |
| 0.9 | ORE | Orezone Gold Corp | PairCorr |
| 0.74 | FDY | Faraday Copper Corp | PairCorr |
Moving against Mandalay Stock
| 0.76 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.68 | GOOG | Alphabet CDR | PairCorr |
| 0.66 | AAPL | Apple Inc CDR | PairCorr |
| 0.57 | AMZN | Amazon CDR | PairCorr |
| 0.55 | IE | Ivanhoe Energy | PairCorr |
The ability to find closely correlated positions to Mandalay Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mandalay Resources 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 Mandalay Resources - 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 Mandalay Resources Corp to buy it.
The correlation of Mandalay Resources 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 Mandalay Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mandalay Resources Corp 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 Mandalay Resources 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.Other Information on Investing in Mandalay Stock
Valuation is the financial process of determining what Mandalay Resources is worth. Mandalay Resources valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Mandalay Resources valuation ratios help investors to determine whether Mandalay 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 Mandalay with respect to the benefits of owning Mandalay Resources security.