MacDonald Financial Statements From 2010 to 2024
MacDonald Mines financial statements provide useful quarterly and yearly information to potential MacDonald Mines Exploration investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MacDonald Mines financial statements helps investors assess MacDonald Mines' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MacDonald Mines' valuation are summarized below:MacDonald Mines Exploration does not presently have any fundamental ratios for analysis.
This module can also supplement various MacDonald Mines Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Check MacDonald Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MacDonald main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . MacDonald financial statements analysis is a perfect complement when working with MacDonald Mines Valuation or Volatility modules.
MacDonald |
MacDonald Mines Exploration Company Shares Outstanding Analysis
MacDonald Mines' 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.
Current MacDonald Mines Shares Outstanding | 37.88 M |
Most of MacDonald Mines' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MacDonald Mines Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, MacDonald Mines Exploration has 37.88 M of shares currently outstending. This is 93.83% lower than that of the Metals & Mining sector and 96.83% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 93.38% higher than that of the company.
MacDonald Mines Expl Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MacDonald Mines's current stock value. Our valuation model uses many indicators to compare MacDonald Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MacDonald Mines competition to find correlations between indicators driving MacDonald Mines's intrinsic value. More Info.MacDonald Mines Exploration is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value MacDonald Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MacDonald Mines' 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. 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 MacDonald Mines' earnings, one of the primary drivers of an investment's value.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MacDonald Mines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MacDonald Mines' short interest history, or implied volatility extrapolated from MacDonald Mines options trading.
Pair Trading with MacDonald Mines
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 MacDonald Mines 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 MacDonald Mines will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MacDonald Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MacDonald Mines 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 MacDonald Mines - 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 MacDonald Mines Exploration to buy it.
The correlation of MacDonald Mines 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 MacDonald Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MacDonald Mines Expl 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 MacDonald Mines 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for MacDonald Stock analysis
When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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