Mast Global Battery Etf Fundamentals
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 Beta Analysis
MAST GLOBAL's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MAST GLOBAL Beta | 1.17 |
Most of MAST GLOBAL's fundamental indicators, such as Beta, 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.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionMAST GLOBAL Beta Component Assessment
In accordance with the recently published financial statements, MAST GLOBAL BATTERY has a Beta of 1.17. This is 42.68% higher than that of the Financial Services family and 4.1% lower than that of the Asset Management category. The beta for all United States etfs is notably lower than that of the firm.
MAST GLOBAL BATTERY Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MAST GLOBAL's current stock value. Our valuation model uses many indicators to compare MAST GLOBAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MAST GLOBAL competition to find correlations between indicators driving MAST GLOBAL's intrinsic value. More Info.MAST GLOBAL BATTERY is one of the top ETFs in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for MAST GLOBAL BATTERY is roughly 10.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MAST GLOBAL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MAST GLOBAL's Etf. 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 MAST GLOBAL's earnings, one of the primary drivers of an investment's value.MAST Beta 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 Beta 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 beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MAST GLOBAL will likely underperform.
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 |
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 Ameren 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 Ameren 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 Ameren 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 Ameren Corp to buy it.
The correlation of Ameren 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 Ameren Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameren 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 Ameren 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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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