The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Makemytrip has an asset utilization ratio of 58.94 percent. This implies that the company is making $0.59 for each dollar of assets. An increasing asset utilization means that Makemytrip is more efficient with each dollar of assets it utilizes for everyday operations.
What is the right price you would pay to acquire a share of MakeMyTrip? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with MakeMyTrip Limited this year
Annual and quarterly reports issued by MakeMyTrip Limited are formal
financial statements that are published yearly and quarterly and sent to MakeMyTrip stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as MakeMyTrip often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
MakeMyTrip Gross Profit
MakeMyTrip Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing MakeMyTrip previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show MakeMyTrip Gross Profit growth over the last 10 years. Please check MakeMyTrip's
gross profit and other
fundamental indicators for more details.
Is Makemytrip a risky opportunity?
Let's check the volatility. Makemytrip is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Makemytrip (NASDAQ:MMYT) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a Makemytrip stock makes you a part-owner of that company.
Will Makemytrip newest drop continue?
Newest treynor ratio is at -0.11. Makemytrip exhibits very low volatility with skewness of 0.59 and kurtosis of 1.66. However, we advise investors to further study Makemytrip technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Makemytrip's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Makemytrip's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Makemytrip Implied Volatility
Makemytrip's implied volatility exposes the market's sentiment of Makemytrip stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Makemytrip's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Makemytrip stock will not fluctuate a lot when Makemytrip's options are near their expiration.
Our Conclusion on Makemytrip
Whereas many of the other players in the travel services industry are either recovering or due for a correction, Makemytrip may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the newest economy, it is better to hold off any trading of Makemytrip as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Makemytrip.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of MakeMyTrip Limited. Please refer to our
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