Mitie Group Cash Per Share vs. Shares Owned By Institutions
| MITFY Stock | USD 5.55 0.13 2.40% |
For Mitie Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mitie Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mitie Group Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mitie Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mitie Group Plc over time as well as its relative position and ranking within its peers.
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Mitie Group Plc Shares Owned By Institutions vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mitie Group's current stock value. Our valuation model uses many indicators to compare Mitie Group value to that of its competitors to determine the firm's financial worth. Mitie Group Plc is regarded third in cash per share category among its peers. It is regarded second in shares owned by institutions category among its peers producing about 0.02 of Shares Owned By Institutions per Cash Per Share. The ratio of Cash Per Share to Shares Owned By Institutions for Mitie Group Plc is roughly 52.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mitie Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mitie Group's Pink Sheet. 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.Mitie Shares Owned By Institutions vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 1.04 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
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| = | 0.02 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Mitie Shares Owned By Institutions Comparison
Mitie Group is currently under evaluation in shares owned by institutions category among its peers.
Mitie Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mitie Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mitie Group will eventually generate negative long term returns. The profitability progress is the general direction of Mitie Group's change in net profit over the period of time. It can combine multiple indicators of Mitie Group, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom. Mitie Group operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. It employs 71330 people.
Mitie Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mitie Group. 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 Mitie Group 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 Mitie Group's important profitability drivers and their relationship over time.
Use Mitie Group 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 Mitie Group 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 Mitie Group will appreciate offsetting losses from the drop in the long position's value.Mitie Group Pair Trading
Mitie Group Plc Pair Trading Analysis
The ability to find closely correlated positions to Mitie Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitie Group 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 Mitie Group - 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 Mitie Group Plc to buy it.
The correlation of Mitie Group 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 Mitie Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mitie Group Plc 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 Mitie Group 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 Mitie Group position
In addition to having Mitie Group 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
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Additional Tools for Mitie Pink Sheet Analysis
When running Mitie Group's price analysis, check to measure Mitie Group'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 Mitie Group is operating at the current time. Most of Mitie Group's value examination focuses on studying past and present price action to predict the probability of Mitie Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitie Group's price. Additionally, you may evaluate how the addition of Mitie Group to your portfolios can decrease your overall portfolio volatility.