MAGNUM MINING Current Valuation vs. Market Capitalization
| M8Z Stock | EUR 0.06 0.00 0.00% |
For MAGNUM MINING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAGNUM MINING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAGNUM MINING EXP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAGNUM MINING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAGNUM MINING EXP over time as well as its relative position and ranking within its peers.
MAGNUM |
MAGNUM MINING EXP Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAGNUM MINING's current stock value. Our valuation model uses many indicators to compare MAGNUM MINING value to that of its competitors to determine the firm's financial worth. MAGNUM MINING EXP is rated below average in current valuation category among its peers. It also is rated below average in market capitalization category among its peers creating about 3.21 of Market Capitalization per Current Valuation. 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 MINING's earnings, one of the primary drivers of an investment's value.MAGNUM Current Valuation vs. Competition
MAGNUM MINING EXP is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is now estimated at about 15.85 Trillion. MAGNUM MINING adds roughly 8.03 Million in current valuation claiming only tiny portion of all equities under Other industry.
MAGNUM Market Capitalization vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
MAGNUM MINING |
| = | 8.03 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
MAGNUM MINING |
| = | 25.8 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
MAGNUM Market Capitalization vs Competition
MAGNUM MINING EXP is rated below average in market capitalization category among its peers. Market capitalization of Other industry is now estimated at about 19.54 Trillion. MAGNUM MINING adds roughly 25.8 Million in market capitalization claiming only tiny portion of all equities under Other industry.
MAGNUM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAGNUM MINING. 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 MINING 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 MINING's important profitability drivers and their relationship over time.
Use MAGNUM MINING 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 MINING 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 MINING will appreciate offsetting losses from the drop in the long position's value.MAGNUM MINING Pair Trading
MAGNUM MINING EXP Pair Trading Analysis
The ability to find closely correlated positions to MAGNUM MINING 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 MINING 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 MINING - 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 MINING EXP to buy it.
The correlation of MAGNUM MINING 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 MINING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGNUM MINING EXP 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 MINING 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 MINING position
In addition to having MAGNUM MINING 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?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in MAGNUM Stock
To fully project MAGNUM MINING's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MAGNUM MINING EXP 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 MINING's income statement, its balance sheet, and the statement of cash flows.