Bank Millennium Sa Stock Net Asset
| MIL Stock | 8.77 0.04 0.46% |
Bank Millennium SA fundamentals help investors to digest information that contributes to Bank Millennium's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank Millennium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank Millennium stock.
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Bank Millennium SA Company Net Asset Analysis
Bank Millennium's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Bank Millennium Net Asset | 103.91 B |
Most of Bank Millennium's fundamental indicators, such as Net 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, Bank Millennium SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Bank Millennium SA has a Net Asset of 103.91 B. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks-Regional industry. The net asset for all Poland stocks is notably lower than that of the firm.
Bank Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank Millennium's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank Millennium could also be used in its relative valuation, which is a method of valuing Bank Millennium by comparing valuation metrics of similar companies.Bank Millennium is currently under evaluation in net asset category among its peers.
Bank Fundamentals
| Return On Equity | -0.17 | |||
| Return On Asset | -0.0094 | |||
| Profit Margin | (0.28) % | |||
| Operating Margin | 0.35 % | |||
| Shares Outstanding | 1.21 B | |||
| Shares Owned By Insiders | 50.00 % | |||
| Shares Owned By Institutions | 27.48 % | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.17 X | |||
| Revenue | 3.82 B | |||
| Gross Profit | 3.62 B | |||
| EBITDA | (670.4 M) | |||
| Net Income | (1.33 B) | |||
| Book Value Per Share | 4.53 X | |||
| Cash Flow From Operations | 2.79 B | |||
| Earnings Per Share | (0.94) X | |||
| Target Price | 5.81 | |||
| Number Of Employees | 10 | |||
| Beta | 1.23 | |||
| Market Capitalization | 6.13 B | |||
| Total Asset | 103.91 B | |||
| Net Asset | 103.91 B |
About Bank Millennium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank Millennium SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank Millennium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Millennium SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bank Millennium
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 Bank Millennium 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 Bank Millennium will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
Moving against Bank Stock
The ability to find closely correlated positions to Bank Millennium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Millennium 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 Bank Millennium - 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 Bank Millennium SA to buy it.
The correlation of Bank Millennium 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 Bank Millennium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Millennium SA 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 Bank Millennium 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 Bank Stock Analysis
When running Bank Millennium's price analysis, check to measure Bank Millennium'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 Bank Millennium is operating at the current time. Most of Bank Millennium's value examination focuses on studying past and present price action to predict the probability of Bank Millennium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Millennium's price. Additionally, you may evaluate how the addition of Bank Millennium to your portfolios can decrease your overall portfolio volatility.