Magna Terra Number Of Shares Shorted vs. Current Valuation

MTT Stock  CAD 0.05  0.01  25.00%   
Based on the key profitability measurements obtained from Magna Terra's financial statements, Magna Terra Minerals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Magna Terra's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 10.56 in 2024. Days Sales Outstanding is likely to drop to 78.41 in 2024. At this time, Magna Terra's Total Other Income Expense Net is fairly stable compared to the past year. Income Quality is likely to climb to 0.66 in 2024, whereas Operating Income is likely to drop (1 M) in 2024.
For Magna Terra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna Terra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna Terra Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna Terra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna Terra Minerals over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Magna Terra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna Terra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna Terra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Magna Terra Minerals Current Valuation vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Magna Terra's current stock value. Our valuation model uses many indicators to compare Magna Terra value to that of its competitors to determine the firm's financial worth.
Magna Terra Minerals is regarded second in number of shares shorted category among its peers. It is regarded third in current valuation category among its peers reporting about  2,236  of Current Valuation per Number Of Shares Shorted. 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 Terra's earnings, one of the primary drivers of an investment's value.

Magna Current Valuation vs. Number Of Shares Shorted

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.

Magna Terra

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
1.81 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.
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.

Magna Terra

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
4.04 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.

Magna Current Valuation vs Competition

Magna Terra Minerals is regarded third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 17.04 Million. Magna Terra totals roughly 4.04 Million in current valuation claiming about 24% of all equities under Materials industry.

Magna Terra Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Magna Terra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magna Terra will eventually generate negative long term returns. The profitability progress is the general direction of Magna Terra's change in net profit over the period of time. It can combine multiple indicators of Magna Terra, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income857.8 K853.4 K
Operating Income-971.7 K-1 M
Net Loss-1.1 M-1.2 M
Income Tax Expense-144.6 K-137.4 K
Income Before Tax-1.1 M-1.2 M
Total Other Income Expense Net136.1 K142.9 K
Net Loss-871.7 K-828.1 K
Net Loss-1.3 M-1.3 M
Change To Netincome-44.1 K-46.3 K
Net Loss(0.01)(0.01)
Income Quality 0.40  0.66 
Net Income Per E B T 1.15  1.21 

Magna Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Magna Terra. 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 Terra 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 Terra's important profitability drivers and their relationship over time.

Use Magna Terra 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 Terra 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 Terra will appreciate offsetting losses from the drop in the long position's value.

Magna Terra Pair Trading

Magna Terra Minerals Pair Trading Analysis

The ability to find closely correlated positions to Magna Terra 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 Terra 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 Terra - 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 Terra Minerals to buy it.
The correlation of Magna Terra 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 Terra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna Terra Minerals 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 Terra 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Magna Terra position

In addition to having Magna Terra 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.

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Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies 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 Office Supplies Theme or any other thematic opportunities.
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Additional Tools for Magna Stock Analysis

When running Magna Terra's price analysis, check to measure Magna Terra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.