Morguard Financial Statements From 2010 to 2024
| MRT-UN Stock | CAD 5.50 0.01 0.18% |
Check Morguard Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morguard Real's main balance sheet or income statement drivers, such as , as well as many indicators such as . Morguard financial statements analysis is a perfect complement when working with Morguard Real Valuation or Volatility modules.
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Morguard Real Estate Company Return On Asset Analysis
Morguard Real's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Morguard Real Return On Asset | 0.0348 |
Most of Morguard Real's fundamental indicators, such as Return On Asset, 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, Morguard Real Estate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Morguard Real Estate has a Return On Asset of 0.0348. This is 92.6% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The return on asset for all Canada stocks is 124.86% lower than that of the firm.
Morguard Real Estate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Morguard Real's current stock value. Our valuation model uses many indicators to compare Morguard Real value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morguard Real competition to find correlations between indicators driving Morguard Real's intrinsic value. More Info.Morguard Real Estate is regarded third in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard Real'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.About Morguard Real Financial Statements
Morguard Real stakeholders use historical fundamental indicators, such as Morguard Real's revenue or net income, to determine how well the company is positioned to perform in the future. Although Morguard Real investors may analyze each financial statement separately, they are all interrelated. For example, changes in Morguard Real's assets and liabilities are reflected in the revenues and expenses on Morguard Real's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Morguard Real Estate. Please read more on our technical analysis and fundamental analysis pages.
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 47 retail, office and industrial income producing properties in Canada with a book value of 2.6 billion and approximately 8.3 million square feet of leasable space. MORGUARD operates under REITDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 8 people.
Pair Trading with Morguard Real
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 Morguard Real 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 Morguard Real will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Morguard Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard Real 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 Morguard Real - 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 Morguard Real Estate to buy it.
The correlation of Morguard Real 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 Morguard Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard Real Estate 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 Morguard Real 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.Other Information on Investing in Morguard Stock
Morguard Real financial ratios help investors to determine whether Morguard Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morguard with respect to the benefits of owning Morguard Real security.