MDA Current Valuation vs. Number Of Shares Shorted
| MDA Stock | CAD 28.50 0.11 0.39% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.22 | 0.3021 |
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For MDA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MDA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MDA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MDA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MDA over time as well as its relative position and ranking within its peers.
MDA |
MDA Number Of Shares Shorted vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MDA's current stock value. Our valuation model uses many indicators to compare MDA value to that of its competitors to determine the firm's financial worth. MDA is regarded fourth in current valuation category among its peers. It also is regarded fourth in number of shares shorted category among its peers . The ratio of Current Valuation to Number Of Shares Shorted for MDA is about 7,211 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MDA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MDA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.MDA Current Valuation vs. Competition
MDA is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 40.63 Billion. MDA holds roughly 3.69 Billion in current valuation claiming about 9% of equities under Industrials industry.
MDA Number Of Shares Shorted 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.
MDA |
| = | 3.69 B |
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.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
MDA |
| = | 511.92 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
MDA Number Of Shares Shorted Comparison
MDA is currently under evaluation in number of shares shorted category among its peers.
MDA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MDA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MDA will eventually generate negative long term returns. The profitability progress is the general direction of MDA's change in net profit over the period of time. It can combine multiple indicators of MDA, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 18.6 M | 19.5 M | |
| Net Income Applicable To Common Shares | 23.7 M | 32 M | |
| Income Tax Expense | 18.5 M | 19.4 M | |
| Interest Income | 2 M | 1.9 M | |
| Operating Income | 77.5 M | 42.9 M | |
| Income Before Tax | 67.3 M | 70.7 M | |
| Total Other Income Expense Net | -10.2 M | -10.7 M | |
| Net Income | 48.8 M | 35.1 M | |
| Net Interest Income | -6.6 M | -6.9 M | |
| Net Income From Continuing Ops | 48.8 M | 28.6 M | |
| Change To Netincome | 2.7 M | 5.1 M | |
| Net Income Per Share | 0.41 | 0.43 | |
| Income Quality | 0.28 | 0.26 | |
| Net Income Per E B T | 0.73 | 0.43 |
MDA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MDA. 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 MDA 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 MDA's important profitability drivers and their relationship over time.
Use MDA 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 MDA 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 MDA will appreciate offsetting losses from the drop in the long position's value.MDA Pair Trading
MDA Pair Trading Analysis
The ability to find closely correlated positions to MDA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MDA 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 MDA - 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 MDA to buy it.
The correlation of MDA 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 MDA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MDA 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 MDA 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 MDA position
In addition to having MDA 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 ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
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Other Information on Investing in MDA Stock
To fully project MDA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MDA 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 MDA's income statement, its balance sheet, and the statement of cash flows.