MVO Total Current Assets from 2010 to 2025
| MVO Stock | USD 6.09 0.06 1.00% |
Total Current Assets | First Reported 2007-03-31 | Previous Quarter 1.3 M | Current Value 1.1 M | Quarterly Volatility 405.8 K |
Check MV Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MV Oil's main balance sheet or income statement drivers, such as Total Revenue of 17.6 M, Gross Profit of 17.6 M or Other Operating Expenses of 876.8 K, as well as many indicators such as Price To Sales Ratio of 8.37, Dividend Yield of 0.11 or PTB Ratio of 25.08. MVO financial statements analysis is a perfect complement when working with MV Oil Valuation or Volatility modules.
MVO | Total Current Assets | Build AI portfolio with MVO Stock |
Latest MV Oil's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of MV Oil Trust over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. MV Oil's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MV Oil's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
MVO Total Current Assets Regression Statistics
| Arithmetic Mean | 164,471,135 | |
| Geometric Mean | 561,275 | |
| Coefficient Of Variation | 272.79 | |
| Mean Deviation | 287,239,941 | |
| Median | 255,871 | |
| Standard Deviation | 448,660,612 | |
| Sample Variance | 201296.3T | |
| Range | 1.3B | |
| R-Value | 0.58 | |
| Mean Square Error | 144315.1T | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 54,206,392 | |
| Total Sum of Squares | 3019445.2T |
MVO Total Current Assets History
About MV Oil Financial Statements
MV Oil investors utilize fundamental indicators, such as Total Current Assets, to predict how MVO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 1.3 B | 1.3 B |
Pair Trading with MV Oil
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 MV Oil 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 MV Oil will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MV Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MV Oil 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 MV Oil - 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 MV Oil Trust to buy it.
The correlation of MV Oil 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 MV Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MV Oil Trust 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 MV Oil 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.Check out the analysis of MV Oil Correlation against competitors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MV Oil. If investors know MVO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MV Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Dividend Share 1.255 | Earnings Share 1.31 | Revenue Per Share | Quarterly Revenue Growth (0.46) |
The market value of MV Oil Trust is measured differently than its book value, which is the value of MVO that is recorded on the company's balance sheet. Investors also form their own opinion of MV Oil's value that differs from its market value or its book value, called intrinsic value, which is MV Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MV Oil's market value can be influenced by many factors that don't directly affect MV Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MV Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MV Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MV Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.