Mirvac Group Announces Solid FY24 Performance - TipRanks
| MJB Stock | EUR 1.10 0.04 3.51% |
Roughly 61% of Mirvac's investor base is looking to short. The analysis of current outlook of investing in Mirvac Group suggests that many traders are alarmed regarding Mirvac's prospects. The current market sentiment, together with Mirvac's historical and current headlines, can help investors time the market. In addition, many technical investors use Mirvac Group stock news signals to limit their universe of possible portfolio assets.
Mirvac stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Mirvac daily returns and investor perception about the current price of Mirvac Group as well as its diversification or hedging effects on your existing portfolios.
Mirvac |
Mirvac Group Announces Solid FY24 Performance TipRanks
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Mirvac Fundamental Analysis
We analyze Mirvac's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mirvac using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mirvac 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.
EBITDA
EBITDA Comparative Analysis
Mirvac is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Mirvac Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mirvac stock to make a market-neutral strategy. Peer analysis of Mirvac could also be used in its relative valuation, which is a method of valuing Mirvac by comparing valuation metrics with similar companies.
Peers
Mirvac Related Equities
| FJZ | Zijin Mining | 6.43 | ||||
| KWO | Transport International | 2.11 | ||||
| HAM | Harmony Gold | 1.26 | ||||
| 9TG | Gaztransport Technigaz | 0.46 | ||||
| M0W | SPORT LISBOA | 0.32 | ||||
| 4P7 | PACIFIC ONLINE | 0.00 | ||||
| D2V | PARKEN Sport | 1.73 |
Complementary Tools for Mirvac Stock analysis
When running Mirvac's price analysis, check to measure Mirvac'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 Mirvac is operating at the current time. Most of Mirvac's value examination focuses on studying past and present price action to predict the probability of Mirvac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirvac's price. Additionally, you may evaluate how the addition of Mirvac to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |