Mizrahi Tefahot Beta vs. Shares Outstanding
| MZTF Stock | 13,470 240.00 1.75% |
For Mizrahi Tefahot profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mizrahi Tefahot to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mizrahi Tefahot utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mizrahi Tefahot's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mizrahi Tefahot over time as well as its relative position and ranking within its peers.
Mizrahi |
Mizrahi Tefahot Shares Outstanding vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mizrahi Tefahot's current stock value. Our valuation model uses many indicators to compare Mizrahi Tefahot value to that of its competitors to determine the firm's financial worth. Mizrahi Tefahot is considered to be number one stock in beta category among related companies. It is considered to be number one stock in shares outstanding category among related companies creating about 527,336,477 of Shares Outstanding per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mizrahi Tefahot by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mizrahi Tefahot's 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 Mizrahi Tefahot's earnings, one of the primary drivers of an investment's value.Mizrahi Shares Outstanding vs. Beta
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.
Mizrahi Tefahot |
| = | 0.49 |
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.
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.
Mizrahi Tefahot |
| = | 257.18 M |
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.
Mizrahi Shares Outstanding Comparison
Mizrahi Tefahot is currently under evaluation in shares outstanding category among related companies.
Beta Analysis
As returns on the market increase, Mizrahi Tefahot's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mizrahi Tefahot is expected to be smaller as well.
Mizrahi Tefahot Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mizrahi Tefahot, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mizrahi Tefahot will eventually generate negative long term returns. The profitability progress is the general direction of Mizrahi Tefahot's change in net profit over the period of time. It can combine multiple indicators of Mizrahi Tefahot, 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.
Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally. Mizrahi Tefahot Bank Ltd. was founded in 1923 and is headquartered in Ramat Gan, Israel. MIZRAHI TEFAHOT operates under Banks - Regional - Asia classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 6355 people.
Mizrahi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mizrahi Tefahot. 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 Mizrahi Tefahot 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 Mizrahi Tefahot's important profitability drivers and their relationship over time.
Use Mizrahi Tefahot 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 Mizrahi Tefahot 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 Mizrahi Tefahot will appreciate offsetting losses from the drop in the long position's value.Mizrahi Tefahot Pair Trading
Mizrahi Tefahot Pair Trading Analysis
The ability to find closely correlated positions to Mizrahi Tefahot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mizrahi Tefahot 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 Mizrahi Tefahot - 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 Mizrahi Tefahot to buy it.
The correlation of Mizrahi Tefahot 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 Mizrahi Tefahot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mizrahi Tefahot 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 Mizrahi Tefahot 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.Use Investing Themes to Complement your Mizrahi Tefahot position
In addition to having Mizrahi Tefahot 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.Did You Try This Idea?
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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 Blockchain Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Mizrahi Stock analysis
When running Mizrahi Tefahot's price analysis, check to measure Mizrahi Tefahot'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 Mizrahi Tefahot is operating at the current time. Most of Mizrahi Tefahot's value examination focuses on studying past and present price action to predict the probability of Mizrahi Tefahot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mizrahi Tefahot's price. Additionally, you may evaluate how the addition of Mizrahi Tefahot to your portfolios can decrease your overall portfolio volatility.
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To fully project Mizrahi Tefahot's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mizrahi Tefahot at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mizrahi Tefahot's income statement, its balance sheet, and the statement of cash flows.