Mullen Automotive Stock Cash Per Share
| MULNDelisted Stock | USD 8.68 1.62 15.73% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Mullen Automotive's long-term financial health and intrinsic value.
Mullen |
Mullen Automotive Company Cash Per Share Analysis
Mullen Automotive's 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.
Current Mullen Automotive Cash Per Share | 0.12 X |
Most of Mullen Automotive's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mullen Automotive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Mullen Automotive has a Cash Per Share of 0.12 times. This is 96.83% lower than that of the Automobiles sector and 98.71% lower than that of the Consumer Discretionary industry. The cash per share for all United States stocks is 97.6% higher than that of the company.
Mullen Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mullen Automotive's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mullen Automotive could also be used in its relative valuation, which is a method of valuing Mullen Automotive by comparing valuation metrics of similar companies.Mullen Automotive is currently under evaluation in cash per share category among its peers.
Mullen Fundamentals
| Return On Equity | -18.51 | |||
| Return On Asset | -0.85 | |||
| Operating Margin | (10.81) % | |||
| Current Valuation | 115.2 M | |||
| Shares Outstanding | 10.54 M | |||
| Number Of Shares Shorted | 2.66 M | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 0.08 X | |||
| Revenue | 1.09 M | |||
| Gross Profit | (21.53 M) | |||
| EBITDA | (438.35 M) | |||
| Net Income | (505.83 M) | |||
| Cash And Equivalents | 60.93 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 19.94 M | |||
| Debt To Equity | 0.57 % | |||
| Current Ratio | 1.08 X | |||
| Book Value Per Share | (7,148) X | |||
| Cash Flow From Operations | (185.56 M) | |||
| Short Ratio | 0.05 X | |||
| Earnings Per Share | (43,029) X | |||
| Target Price | 23.0 | |||
| Number Of Employees | 388 | |||
| Beta | -9.09 | |||
| Market Capitalization | 695.57 K | |||
| Total Asset | 178.63 M | |||
| Retained Earnings | (2.32 B) | |||
| Working Capital | (120 M) | |||
| Net Asset | 178.63 M |
About Mullen Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mullen Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mullen Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mullen Automotive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Mullen Automotive
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 Mullen Automotive 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 Mullen Automotive will appreciate offsetting losses from the drop in the long position's value.Moving together with Mullen Stock
Moving against Mullen Stock
| 0.78 | AMSYF | ArcelorMittal SA | PairCorr |
| 0.72 | FNLPF | Fresnillo PLC | PairCorr |
| 0.68 | AIFE | Aifeex Nexus Acquisition Symbol Change | PairCorr |
| 0.63 | SAR | Saratoga Investment Corp | PairCorr |
| 0.59 | APD | Air Products | PairCorr |
The ability to find closely correlated positions to Mullen Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mullen Automotive 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 Mullen Automotive - 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 Mullen Automotive to buy it.
The correlation of Mullen Automotive 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 Mullen Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mullen Automotive 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 Mullen Automotive 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Mullen Stock
If you are still planning to invest in Mullen Automotive check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mullen Automotive's history and understand the potential risks before investing.
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