MISC Bhd Market Capitalization vs. Total Asset
| 3816 Stock | 7.51 0.11 1.49% |
For MISC Bhd profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MISC Bhd to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MISC Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MISC Bhd's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MISC Bhd over time as well as its relative position and ranking within its peers.
MISC |
MISC Bhd Total Asset vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MISC Bhd's current stock value. Our valuation model uses many indicators to compare MISC Bhd value to that of its competitors to determine the firm's financial worth. MISC Bhd is rated below average in market capitalization category among its peers. It also is rated below average in total asset category among its peers fabricating about 1.79 of Total Asset per Market Capitalization. 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 MISC Bhd's earnings, one of the primary drivers of an investment's value.MISC Market Capitalization vs. Competition
MISC Bhd is rated below average in market capitalization category among its peers. Market capitalization of Transport Infrastructure industry is presently estimated at about 85.76 Billion. MISC Bhd totals roughly 32.14 Billion in market capitalization claiming about 37% of equities listed under Transport Infrastructure industry.
MISC Total Asset vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
MISC Bhd |
| = | 32.14 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
MISC Bhd |
| = | 57.52 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
MISC Total Asset Comparison
MISC Bhd is rated fifth in total asset category among its peers.
MISC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MISC Bhd. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MISC Bhd position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MISC Bhd's important profitability drivers and their relationship over time.
Use MISC Bhd in pair-trading
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 MISC Bhd 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 MISC Bhd will appreciate offsetting losses from the drop in the long position's value.MISC Bhd Pair Trading
MISC Bhd Pair Trading Analysis
The ability to find closely correlated positions to MISC Bhd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MISC Bhd 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 MISC Bhd - 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 MISC Bhd to buy it.
The correlation of MISC Bhd 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 MISC Bhd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MISC Bhd 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 MISC Bhd 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.Use Investing Themes to Complement your MISC Bhd position
In addition to having MISC Bhd in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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Other Information on Investing in MISC Stock
To fully project MISC Bhd's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MISC Bhd at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MISC Bhd's income statement, its balance sheet, and the statement of cash flows.