MDM Financial Statements From 2010 to 2024
| MDMP Stock | USD 0.01 0.0001 1.00% |
Check MDM Permian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDM Permian's main balance sheet or income statement drivers, such as , as well as many indicators such as . MDM financial statements analysis is a perfect complement when working with MDM Permian Valuation or Volatility modules.
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MDM Permian Company Shares Outstanding Analysis
MDM Permian's 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.
Current MDM Permian Shares Outstanding | 41.59 M |
Most of MDM Permian's fundamental indicators, such as Shares Outstanding, 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, MDM Permian is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, MDM Permian has 41.59 M of shares currently outstending. This is 97.71% lower than that of the Energy sector and 95.06% lower than that of the Oil & Gas E&P industry. The shares outstanding for all United States stocks is 92.73% higher than that of the company.
MDM Permian Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MDM Permian's current stock value. Our valuation model uses many indicators to compare MDM Permian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MDM Permian competition to find correlations between indicators driving MDM Permian's intrinsic value. More Info.MDM Permian is rated below average in current valuation category among its peers. It is rated below average in shares outstanding category among its peers creating about 8.45 of Shares Outstanding per Current Valuation. 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 MDM Permian's earnings, one of the primary drivers of an investment's value.About MDM Permian Financial Statements
MDM Permian shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although MDM Permian investors may analyze each financial statement separately, they are all interrelated. The changes in MDM Permian's assets and liabilities, for example, are also reflected in the revenues and expenses on on MDM Permian's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
MDM Permian, Inc. engages in the drilling and production of oil and gas properties. It primarily focuses on the oil and gas drilling prospects in the Midland Basin of West Texas. Mdm Permian operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Pair Trading with MDM Permian
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 MDM Permian 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 MDM Permian will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MDM Permian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MDM Permian 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 MDM Permian - 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 MDM Permian to buy it.
The correlation of MDM Permian 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 MDM Permian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MDM Permian 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 MDM Permian 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.Additional Tools for MDM Pink Sheet Analysis
When running MDM Permian's price analysis, check to measure MDM Permian'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 MDM Permian is operating at the current time. Most of MDM Permian's value examination focuses on studying past and present price action to predict the probability of MDM Permian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDM Permian's price. Additionally, you may evaluate how the addition of MDM Permian to your portfolios can decrease your overall portfolio volatility.