Mast Global Battery Etf Current Ratio
MAST GLOBAL BATTERY fundamentals help investors to digest information that contributes to MAST GLOBAL's financial success or failures. It also enables traders to predict the movement of MAST Etf. The fundamental analysis module provides a way to measure MAST GLOBAL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MAST GLOBAL etf.
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MAST GLOBAL BATTERY ETF Current Ratio Analysis
MAST GLOBAL's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current MAST GLOBAL Current Ratio | 7.88 X |
Most of MAST GLOBAL's fundamental indicators, such as Current Ratio, 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, MAST GLOBAL BATTERY is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionMAST GLOBAL Current Ratio Component Assessment
In accordance with the recently published financial statements, MAST GLOBAL BATTERY has a Current Ratio of 7.88 times. This is 94.57% higher than that of the Financial Services family and 65.2% higher than that of the Asset Management category. The current ratio for all United States etfs is notably lower than that of the firm.
MAST Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAST GLOBAL's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MAST GLOBAL could also be used in its relative valuation, which is a method of valuing MAST GLOBAL by comparing valuation metrics of similar companies.MAST GLOBAL is currently under evaluation in current ratio as compared to similar ETFs.
MAST Fundamentals
| Return On Equity | 8.84 | |||
| Return On Asset | 5.2 | |||
| Profit Margin | 8.00 % | |||
| Operating Margin | 23.47 % | |||
| Current Valuation | 8.25 B | |||
| Shares Outstanding | 114.17 M | |||
| Shares Owned By Insiders | 3.54 % | |||
| Shares Owned By Institutions | 71.23 % | |||
| Number Of Shares Shorted | 6.69 M | |||
| Price To Earning | 61.49 X | |||
| Price To Book | 6.10 X | |||
| Price To Sales | 4.89 X | |||
| Revenue | 1.73 B | |||
| Gross Profit | 727.78 M | |||
| EBITDA | 406.08 M | |||
| Net Income | 138.52 M | |||
| Cash And Equivalents | 1.07 B | |||
| Cash Per Share | 9.78 X | |||
| Total Debt | 922.77 M | |||
| Debt To Equity | 0.60 % | |||
| Current Ratio | 7.88 X | |||
| Book Value Per Share | 12.11 X | |||
| Cash Flow From Operations | 324.83 M | |||
| Short Ratio | 6.01 X | |||
| Earnings Per Share | 1.20 X | |||
| Price To Earnings To Growth | 3.48 X | |||
| Number Of Employees | 1.98 K | |||
| Beta | 1.17 | |||
| Market Capitalization | 8.46 B | |||
| Total Asset | 1.73 B | |||
| Retained Earnings | 1.16 B | |||
| Working Capital | 340.41 M | |||
| Current Asset | 610.35 M | |||
| Current Liabilities | 269.94 M | |||
| Z Score | 5.4 | |||
| Five Year Return | 2.87 % | |||
| Last Dividend Paid | 0.38 |
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 MAST GLOBAL 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, MAST GLOBAL's short interest history, or implied volatility extrapolated from MAST GLOBAL options trading.
Pair Trading with MAST GLOBAL
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 MAST GLOBAL 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 MAST GLOBAL will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Xerox Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xerox Corp 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 Xerox Corp - 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 Xerox Corp to buy it.
The correlation of Xerox Corp 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 Xerox Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xerox Corp 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 Xerox Corp 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Other Tools for MAST Etf
When running MAST GLOBAL's price analysis, check to measure MAST GLOBAL'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 MAST GLOBAL is operating at the current time. Most of MAST GLOBAL's value examination focuses on studying past and present price action to predict the probability of MAST GLOBAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAST GLOBAL's price. Additionally, you may evaluate how the addition of MAST GLOBAL to your portfolios can decrease your overall portfolio volatility.
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