Morguard Net Tangible Assets from 2010 to 2026
| MRT-UN Stock | CAD 6.36 0.06 0.95% |
Net Tangible Assets | First Reported 2016-12-31 | Previous Quarter 1.1 B | Current Value 1 B | Quarterly Volatility 212.3 M |
Check Morguard Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morguard Real's main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.2 K, Selling General Administrative of 4 M or Total Revenue of 241 M, as well as many indicators such as Price To Sales Ratio of 3.08, Dividend Yield of 0.0783 or PTB Ratio of 0.88. Morguard financial statements analysis is a perfect complement when working with Morguard Real Valuation or Volatility modules.
Morguard | Net Tangible Assets |
Latest Morguard Real's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Morguard Real Estate over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Morguard Real's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Morguard Real's overall financial position and show how it may be relating to other accounts over time.
| Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
| Timeline |
Morguard Net Tangible Assets Regression Statistics
| Arithmetic Mean | 1,362,700,666 | |
| Geometric Mean | 1,339,639,899 | |
| Coefficient Of Variation | 18.32 | |
| Mean Deviation | 233,626,158 | |
| Median | 1,552,738,000 | |
| Standard Deviation | 249,642,899 | |
| Sample Variance | 62321.6T | |
| Range | 661.3M | |
| R-Value | (0.86) | |
| Mean Square Error | 17624.5T | |
| R-Squared | 0.73 | |
| Significance | 0.000011 | |
| Slope | (42,379,529) | |
| Total Sum of Squares | 997145.2T |
Morguard Net Tangible Assets History
About Morguard Real Financial Statements
Morguard Real stakeholders use historical fundamental indicators, such as Morguard Real's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Morguard Real investors may analyze each financial statement separately, they are all interrelated. For example, changes in Morguard Real's assets and liabilities are reflected in the revenues and expenses on Morguard Real's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Morguard Real Estate. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Tangible Assets | 945.7 M | 1.1 B |
Pair Trading with Morguard Real
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 Morguard Real 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 Morguard Real will appreciate offsetting losses from the drop in the long position's value.Moving against Morguard Stock
The ability to find closely correlated positions to Morguard Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard Real 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 Morguard Real - 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 Morguard Real Estate to buy it.
The correlation of Morguard Real 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 Morguard Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard Real Estate 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 Morguard Real 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.Other Information on Investing in Morguard Stock
Morguard Real financial ratios help investors to determine whether Morguard Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morguard with respect to the benefits of owning Morguard Real security.