Manchester Story

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MANU -- USA Stock  

USD 15.37  0.19  1.25%

15% of stocks are less volatile than Manchester, and 99% of all traded equity instruments are projected to make higher returns than the company over the 60 days investment horizon. As many old-fashioned traders are trying to avoid consumer cyclical space, it makes sense to review Manchester a little further and try to understand its current volatility patterns. We will break down why some private investors are closely monitoring Manchester's volatility. Manchester's very low volatility may have no significant impact on the stock's value as we estimate Manchester as currently undervalued. The real value, based on our calculations, is getting close to 16.89 per share.
Published over three months ago
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Will your portfolio survive without Manchester (NYSE:MANU)?
Manchester currently holds roughly 327.2 M in cash with 13.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Volatility is a rate at which the price of Manchester or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Manchester may increase or decrease. In other words, similar to Manchester's beta indicator, it measures the risk of Manchester and helps estimate the fluctuations that may happen in a short period of time. So if prices of Manchester fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Manchester's Liquidity

Manchester financial leverage refers to using borrowed capital as a funding source to finance Manchester ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Manchester financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Manchester's total debt and its cash.

How Manchester utilizes its cash?

To perform a cash flow analysis of Manchester, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Manchester is receiving and how much cash it distributes out in a given period. The Manchester cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Manchester Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Manchester reported Net Cash Flow from Operations of 20.2 Million in 2020

Manchester Volatility Drivers

Manchester unsystematic risk is unique to Manchester and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Manchester you can also buy Funko Inc. You can also mitigate this risk by investing in the leisure sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Manchester important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Manchester income statement and balance sheet. Here are more details about Manchester volatility.
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