Medibank Private Return On Asset vs. Market Capitalization
| MPL Stock | 3.74 0.04 1.06% |
For Medibank Private profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Medibank Private to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Medibank Private utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Medibank Private's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Medibank Private over time as well as its relative position and ranking within its peers.
Medibank |
Medibank Private Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Medibank Private's current stock value. Our valuation model uses many indicators to compare Medibank Private value to that of its competitors to determine the firm's financial worth. Medibank Private is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in market capitalization category among its peers creating about 99,228,894,952 of Market Capitalization per Return On Asset. 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 Medibank Private's earnings, one of the primary drivers of an investment's value.Medibank Market Capitalization vs. Return On Asset
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.
Medibank Private |
| = | 0.1 |
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.
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.
Medibank Private |
| = | 10.3 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.
Medibank Market Capitalization vs Competition
Medibank Private is considered to be number one stock in market capitalization category among its peers. Market capitalization of Financials industry is now estimated at about 14.96 Billion. Medibank Private totals roughly 10.3 Billion in market capitalization claiming about 69% of equities under Financials industry.
Medibank Private Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Medibank Private, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Medibank Private will eventually generate negative long term returns. The profitability progress is the general direction of Medibank Private's change in net profit over the period of time. It can combine multiple indicators of Medibank Private, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 152.3 M | 159.9 M | |
| Operating Income | 7.1 M | 6.7 M | |
| Income Before Tax | 711.7 M | 405.2 M | |
| Income Tax Expense | 215.3 M | 147.2 M | |
| Total Other Income Expense Net | 704.6 M | 739.8 M | |
| Net Income | 3.9 M | 3.7 M | |
| Net Income From Continuing Ops | 496.4 M | 432.4 M | |
| Net Income Applicable To Common Shares | 587.8 M | 423.3 M | |
| Net Interest Income | -5.4 M | -5.1 M | |
| Interest Income | 131.4 M | 138 M | |
| Change To Netincome | -145.9 M | -153.2 M |
Medibank Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Medibank Private. 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 Medibank Private 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 Medibank Private's important profitability drivers and their relationship over time.
Use Medibank Private 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 Medibank Private 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 Medibank Private will appreciate offsetting losses from the drop in the long position's value.Medibank Private Pair Trading
Medibank Private Pair Trading Analysis
The ability to find closely correlated positions to Medibank Private could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medibank Private 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 Medibank Private - 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 Medibank Private to buy it.
The correlation of Medibank Private 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 Medibank Private moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medibank Private 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 Medibank Private 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 Medibank Private position
In addition to having Medibank Private 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?
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Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Additional Tools for Medibank Stock Analysis
When running Medibank Private's price analysis, check to measure Medibank Private'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 Medibank Private is operating at the current time. Most of Medibank Private's value examination focuses on studying past and present price action to predict the probability of Medibank Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medibank Private's price. Additionally, you may evaluate how the addition of Medibank Private to your portfolios can decrease your overall portfolio volatility.