Magna Mining Total Asset vs. Shares Owned By Institutions
| MGMNF Stock | 1.13 0.02 1.74% |
For Magna Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna Mining over time as well as its relative position and ranking within its peers.
Magna |
Magna Mining Shares Owned By Institutions vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magna Mining's current stock value. Our valuation model uses many indicators to compare Magna Mining value to that of its competitors to determine the firm's financial worth. Magna Mining is rated below average in total asset category among its peers. It is regarded fourth in shares owned by institutions category among its peers . The ratio of Total Asset to Shares Owned By Institutions for Magna Mining is about 53,761,192 . 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 Magna Mining's earnings, one of the primary drivers of an investment's value.Magna Shares Owned By Institutions vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Magna Mining |
| = | 6.99 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Magna Mining |
| = | 0.13 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Magna Shares Owned By Institutions Comparison
Magna Mining is currently under evaluation in shares owned by institutions category among its peers.
Magna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magna 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 Magna 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 Magna Mining's important profitability drivers and their relationship over time.
Use Magna 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 Magna 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 Magna Mining will appreciate offsetting losses from the drop in the long position's value.Magna Mining Pair Trading
Magna Mining Pair Trading Analysis
The ability to find closely correlated positions to Magna 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 Magna 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 Magna 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 Magna Mining to buy it.
The correlation of Magna 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 Magna Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna Mining 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 Magna 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 Magna Mining position
In addition to having Magna 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 Marketing Thematic Idea Now
Marketing
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 48 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 Marketing Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Magna Pink Sheet
To fully project Magna Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Magna Mining 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 Magna Mining's income statement, its balance sheet, and the statement of cash flows.