Mitsubishi Gas Net Income vs. Price To Book
| MUG Stock | 17.70 0.20 1.14% |
For Mitsubishi Gas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mitsubishi Gas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mitsubishi Gas Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mitsubishi Gas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mitsubishi Gas Chemical over time as well as its relative position and ranking within its peers.
Mitsubishi |
Mitsubishi Gas Chemical Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mitsubishi Gas's current stock value. Our valuation model uses many indicators to compare Mitsubishi Gas value to that of its competitors to determine the firm's financial worth. Mitsubishi Gas Chemical is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Net Income to Price To Book for Mitsubishi Gas Chemical is about 76,549,373,910 . 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 Mitsubishi Gas' earnings, one of the primary drivers of an investment's value.Mitsubishi Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Mitsubishi Gas |
| = | 48.3 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Mitsubishi Gas |
| = | 0.63 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Mitsubishi Price To Book Comparison
Mitsubishi Gas is currently under evaluation in price to book category among its peers.
Mitsubishi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mitsubishi Gas. 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 Mitsubishi Gas 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 Mitsubishi Gas' important profitability drivers and their relationship over time.
Use Mitsubishi Gas 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 Mitsubishi Gas 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 Mitsubishi Gas will appreciate offsetting losses from the drop in the long position's value.Mitsubishi Gas Pair Trading
Mitsubishi Gas Chemical Pair Trading Analysis
The ability to find closely correlated positions to Mitsubishi Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mitsubishi Gas 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 Mitsubishi Gas - 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 Mitsubishi Gas Chemical to buy it.
The correlation of Mitsubishi Gas 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 Mitsubishi Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mitsubishi Gas Chemical 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 Mitsubishi Gas 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 Mitsubishi Gas position
In addition to having Mitsubishi Gas 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 32 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 Precious Metals Funds Theme or any other thematic opportunities.
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Additional Tools for Mitsubishi Stock Analysis
When running Mitsubishi Gas' price analysis, check to measure Mitsubishi Gas' 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 Mitsubishi Gas is operating at the current time. Most of Mitsubishi Gas' value examination focuses on studying past and present price action to predict the probability of Mitsubishi Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Gas' price. Additionally, you may evaluate how the addition of Mitsubishi Gas to your portfolios can decrease your overall portfolio volatility.