Menora Mivtachim Price To Book vs. Return On Asset
| MNRHF Stock | USD 25.05 0.00 0.00% |
For Menora Mivtachim profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Menora Mivtachim to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Menora Mivtachim Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Menora Mivtachim's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Menora Mivtachim Holdings over time as well as its relative position and ranking within its peers.
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Menora Mivtachim Holdings Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Menora Mivtachim's current stock value. Our valuation model uses many indicators to compare Menora Mivtachim value to that of its competitors to determine the firm's financial worth. Menora Mivtachim Holdings is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Menora Mivtachim Holdings is roughly 112.48 . 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 Menora Mivtachim's earnings, one of the primary drivers of an investment's value.Menora Return On Asset vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Menora Mivtachim |
| = | 0.98 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Menora Mivtachim |
| = | 0.0087 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Menora Return On Asset Comparison
Menora Mivtachim is currently under evaluation in return on asset category among its peers.
Menora Mivtachim Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Menora Mivtachim, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Menora Mivtachim will eventually generate negative long term returns. The profitability progress is the general direction of Menora Mivtachim's change in net profit over the period of time. It can combine multiple indicators of Menora Mivtachim, 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.
Menora Mivtachim Holdings Ltd operates in insurance and finance sectors in Israel. Menora Mivtachim Holdings Ltd was founded in 1935 and is based in Tel Aviv, Israel. Menorah Insurance is traded on OTC Exchange in the United States.
Menora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Menora Mivtachim. 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 Menora Mivtachim 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 Menora Mivtachim's important profitability drivers and their relationship over time.
Use Menora Mivtachim 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 Menora Mivtachim 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 Menora Mivtachim will appreciate offsetting losses from the drop in the long position's value.Menora Mivtachim Pair Trading
Menora Mivtachim Holdings Pair Trading Analysis
The ability to find closely correlated positions to Menora Mivtachim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Menora Mivtachim 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 Menora Mivtachim - 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 Menora Mivtachim Holdings to buy it.
The correlation of Menora Mivtachim 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 Menora Mivtachim moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Menora Mivtachim Holdings 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 Menora Mivtachim 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 Menora Mivtachim position
In addition to having Menora Mivtachim 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 Menora Pink Sheet
To fully project Menora Mivtachim's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Menora Mivtachim Holdings 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 Menora Mivtachim's income statement, its balance sheet, and the statement of cash flows.