MAGNUM DCORP Book Value Per Share vs. Current Ratio
| 1CJB Stock | EUR 0.03 0 13.20% |
For MAGNUM DCORP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAGNUM DCORP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAGNUM DCORP INC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAGNUM DCORP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAGNUM DCORP INC over time as well as its relative position and ranking within its peers.
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MAGNUM DCORP INC Current Ratio vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAGNUM DCORP's current stock value. Our valuation model uses many indicators to compare MAGNUM DCORP value to that of its competitors to determine the firm's financial worth. MAGNUM DCORP INC is number one stock in book value per share category among its peers. It also is number one stock in current ratio category among its peers fabricating about 0.21 of Current Ratio per Book Value Per Share. The ratio of Book Value Per Share to Current Ratio for MAGNUM DCORP INC is roughly 4.80 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MAGNUM DCORP's earnings, one of the primary drivers of an investment's value.MAGNUM Current Ratio vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.1 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 0.02 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
MAGNUM Current Ratio Comparison
MAGNUM DCORP is currently under evaluation in current ratio category among its peers.
MAGNUM DCORP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MAGNUM DCORP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MAGNUM DCORP will eventually generate negative long term returns. The profitability progress is the general direction of MAGNUM DCORP's change in net profit over the period of time. It can combine multiple indicators of MAGNUM DCORP, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM COLDCORP operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange.
MAGNUM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAGNUM DCORP. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MAGNUM DCORP position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MAGNUM DCORP's important profitability drivers and their relationship over time.
Use MAGNUM DCORP in pair-trading
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 MAGNUM DCORP 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 MAGNUM DCORP will appreciate offsetting losses from the drop in the long position's value.MAGNUM DCORP Pair Trading
MAGNUM DCORP INC Pair Trading Analysis
The ability to find closely correlated positions to MAGNUM DCORP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAGNUM DCORP 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 MAGNUM DCORP - 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 MAGNUM DCORP INC to buy it.
The correlation of MAGNUM DCORP 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 MAGNUM DCORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGNUM DCORP INC 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 MAGNUM DCORP 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.Use Investing Themes to Complement your MAGNUM DCORP position
In addition to having MAGNUM DCORP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in MAGNUM Stock
To fully project MAGNUM DCORP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MAGNUM DCORP INC at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MAGNUM DCORP's income statement, its balance sheet, and the statement of cash flows.