MTR Cash And Equivalents vs. Shares Outstanding
| MRI Stock | EUR 3.28 0.04 1.20% |
For MTR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MTR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MTR Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MTR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MTR Limited over time as well as its relative position and ranking within its peers.
MTR |
MTR Limited Shares Outstanding vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MTR's current stock value. Our valuation model uses many indicators to compare MTR value to that of its competitors to determine the firm's financial worth. MTR Limited is regarded fourth in cash and equivalents category among its peers. It is regarded second in shares outstanding category among its peers creating about 3.46 of Shares Outstanding per Cash And Equivalents. 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 MTR's earnings, one of the primary drivers of an investment's value.MTR Shares Outstanding vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
MTR |
| = | 1.79 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
MTR |
| = | 6.2 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
MTR Shares Outstanding Comparison
MTR is considered to be number one stock in shares outstanding category among its peers.
MTR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MTR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MTR will eventually generate negative long term returns. The profitability progress is the general direction of MTR's change in net profit over the period of time. It can combine multiple indicators of MTR, 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.
MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland of China, Sweden, the United Kingdom, and internationally. The company was founded in 1975 and is headquartered in Kowloon Bay, Hong Kong. MTR operates under Railroads classification in Germany and is traded on Frankfurt Stock Exchange. It employs 31896 people.
MTR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MTR. 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 MTR 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 MTR's important profitability drivers and their relationship over time.
Use MTR 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 MTR 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 MTR will appreciate offsetting losses from the drop in the long position's value.MTR Pair Trading
MTR Limited Pair Trading Analysis
The ability to find closely correlated positions to MTR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTR 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 MTR - 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 MTR Limited to buy it.
The correlation of MTR 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 MTR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTR Limited 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 MTR 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 MTR position
In addition to having MTR 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 29 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 Precious Metals Funds Theme or any other thematic opportunities.
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Other Information on Investing in MTR Stock
To fully project MTR's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MTR Limited 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 MTR's income statement, its balance sheet, and the statement of cash flows.