Mill Other Stockholder Equity from 2010 to 2024
| MCVT Stock | USD 2.55 0.02 0.79% |
Other Stockholder Equity | First Reported 2007-12-31 | Previous Quarter 16.9 M | Current Value 16.9 M | Quarterly Volatility 6.5 M |
Check Mill City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mill main balance sheet or income statement drivers, such as Depreciation And Amortization of 359.1 K, Other Operating Expenses of 4.5 M or Total Operating Expenses of 4.5 M, as well as many exotic indicators such as Price To Sales Ratio of 5.31, Dividend Yield of 0.15 or PTB Ratio of 0.55. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
Mill | Other Stockholder Equity |
Latest Mill City's Other Stockholder Equity Growth Pattern
Below is the plot of the Other Stockholder Equity of Mill City Ventures over the last few years. It is Mill City's Other Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mill City's overall financial position and show how it may be relating to other accounts over time.
| Other Stockholder Equity | 10 Years Trend |
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Other Stockholder Equity |
| Timeline |
Mill Other Stockholder Equity Regression Statistics
| Arithmetic Mean | 10,110,955 | |
| Geometric Mean | 6,836,504 | |
| Coefficient Of Variation | 51.40 | |
| Mean Deviation | 3,842,357 | |
| Median | 11,487,264 | |
| Standard Deviation | 5,197,332 | |
| Sample Variance | 27T | |
| Range | 16.6M | |
| R-Value | 0.64 | |
| Mean Square Error | 17.1T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 746,367 | |
| Total Sum of Squares | 378.2T |
Mill Other Stockholder Equity History
About Mill City Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Mill City income statement, its balance sheet, and the statement of cash flows. Mill City investors use historical funamental indicators, such as Mill City's Other Stockholder Equity, to determine how well the company is positioned to perform in the future. Although Mill City investors may use each financial statement separately, they are all related. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mill City's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mill City Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mill City. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Stockholder Equity | 16.9 M | 9.3 M |
Pair Trading with Mill City
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 Mill City 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 Mill City will appreciate offsetting losses from the drop in the long position's value.Moving against Mill Stock
| 0.5 | AB | AllianceBernstein | PairCorr |
| 0.42 | CG | Carlyle Group | PairCorr |
The ability to find closely correlated positions to Mill City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mill City 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 Mill City - 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 Mill City Ventures to buy it.
The correlation of Mill City 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 Mill City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mill City Ventures 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 Mill City 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 the analysis of Mill City Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Mill Stock analysis
When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.
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Is Mill City's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mill City. If investors know Mill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mill City listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Revenue Per Share 0.519 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0346 | Return On Equity (0) |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mill City's market value can be influenced by many factors that don't directly affect Mill City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.