MVO Cash vs Property Plant And Equipment Gross Analysis

MVO Stock  USD 7.93  0.13  1.61%   
MV Oil financial indicator trend analysis is infinitely more than just investigating MV Oil Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MV Oil Trust is a good investment. Please check the relationship between MV Oil Cash and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Cash vs Property Plant And Equipment Gross

Cash vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MV Oil Trust Cash account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MV Oil's Cash and Property Plant And Equipment Gross is 0.45. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of MV Oil Trust, assuming nothing else is changed. The correlation between historical values of MV Oil's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of MV Oil Trust are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., MV Oil's Cash and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of MV Oil Trust, which is listed under current asset account on MV Oil Trust balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MV Oil customers. The amounts must be unrestricted with restricted cash listed in a different MV Oil account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant And Equipment Gross

Most indicators from MV Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MV Oil Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, MV Oil's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of December 2024, Enterprise Value Multiple is likely to grow to 9.75, while Selling General Administrative is likely to drop about 1.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit12.1M27.2M18.1M17.2M
Total Revenue12.1M27.2M18.1M17.2M

MV Oil fundamental ratios Correlations

-0.65-0.720.57-0.74-0.70.57-0.85-0.690.670.470.510.620.970.47-0.610.58-0.610.93-0.030.840.850.780.790.8-0.58
-0.650.62-0.380.950.57-0.20.660.52-0.64-0.72-0.73-0.76-0.65-0.350.75-0.640.75-0.620.38-0.48-0.57-0.53-0.48-0.50.7
-0.720.620.030.831.0-0.760.860.99-0.24-0.08-0.12-0.25-0.57-0.690.22-0.380.22-0.48-0.02-0.42-0.33-0.34-0.34-0.340.15
0.57-0.380.03-0.260.07-0.31-0.090.090.780.480.460.680.75-0.28-0.680.39-0.680.83-0.320.860.910.90.880.86-0.74
-0.740.950.83-0.260.79-0.430.80.75-0.55-0.55-0.57-0.64-0.68-0.510.62-0.610.62-0.630.26-0.5-0.53-0.51-0.47-0.490.56
-0.70.571.00.070.79-0.780.851.0-0.2-0.02-0.07-0.2-0.54-0.690.17-0.350.17-0.45-0.05-0.4-0.3-0.31-0.32-0.320.1
0.57-0.2-0.76-0.31-0.43-0.78-0.83-0.8-0.140.00.06-0.140.360.710.130.150.130.240.450.130.07-0.010.050.10.21
-0.850.660.86-0.090.80.85-0.830.83-0.4-0.45-0.5-0.43-0.71-0.730.43-0.540.43-0.62-0.09-0.44-0.47-0.38-0.39-0.420.35
-0.690.520.990.090.751.0-0.80.83-0.160.03-0.02-0.15-0.52-0.70.12-0.320.12-0.43-0.08-0.38-0.27-0.29-0.3-0.30.05
0.67-0.64-0.240.78-0.55-0.2-0.14-0.4-0.160.650.650.960.780.14-0.960.68-0.960.81-0.50.710.840.830.740.69-0.97
0.47-0.72-0.080.48-0.55-0.020.0-0.450.030.651.00.780.530.13-0.810.61-0.810.55-0.260.310.550.40.360.41-0.79
0.51-0.73-0.120.46-0.57-0.070.06-0.5-0.020.651.00.780.560.18-0.810.62-0.810.57-0.240.320.560.410.370.42-0.78
0.62-0.76-0.250.68-0.64-0.2-0.14-0.43-0.150.960.780.780.710.17-1.00.71-1.00.74-0.530.590.750.720.620.6-0.99
0.97-0.65-0.570.75-0.68-0.540.36-0.71-0.520.780.530.560.710.3-0.710.59-0.710.99-0.130.920.950.90.890.89-0.7
0.47-0.35-0.69-0.28-0.51-0.690.71-0.73-0.70.140.130.180.170.3-0.160.34-0.160.20.030.060.070.10.080.03-0.07
-0.610.750.22-0.680.620.170.130.430.12-0.96-0.81-0.81-1.0-0.71-0.16-0.721.0-0.730.51-0.57-0.75-0.7-0.61-0.590.99
0.58-0.64-0.380.39-0.61-0.350.15-0.54-0.320.680.610.620.710.590.34-0.72-0.720.58-0.70.360.530.50.350.32-0.7
-0.610.750.22-0.680.620.170.130.430.12-0.96-0.81-0.81-1.0-0.71-0.161.0-0.72-0.730.51-0.57-0.75-0.7-0.61-0.590.99
0.93-0.62-0.480.83-0.63-0.450.24-0.62-0.430.810.550.570.740.990.2-0.730.58-0.73-0.180.950.980.930.920.92-0.74
-0.030.38-0.02-0.320.26-0.050.45-0.09-0.08-0.5-0.26-0.24-0.53-0.130.030.51-0.70.51-0.18-0.12-0.24-0.33-0.14-0.070.52
0.84-0.48-0.420.86-0.5-0.40.13-0.44-0.380.710.310.320.590.920.06-0.570.36-0.570.95-0.120.960.960.980.96-0.6
0.85-0.57-0.330.91-0.53-0.30.07-0.47-0.270.840.550.560.750.950.07-0.750.53-0.750.98-0.240.960.970.950.94-0.77
0.78-0.53-0.340.9-0.51-0.31-0.01-0.38-0.290.830.40.410.720.90.1-0.70.5-0.70.93-0.330.960.970.980.93-0.73
0.79-0.48-0.340.88-0.47-0.320.05-0.39-0.30.740.360.370.620.890.08-0.610.35-0.610.92-0.140.980.950.980.97-0.64
0.8-0.5-0.340.86-0.49-0.320.1-0.42-0.30.690.410.420.60.890.03-0.590.32-0.590.92-0.070.960.940.930.97-0.62
-0.580.70.15-0.740.560.10.210.350.05-0.97-0.79-0.78-0.99-0.7-0.070.99-0.70.99-0.740.52-0.6-0.77-0.73-0.64-0.62
Click cells to compare fundamentals

MV Oil Account Relationship Matchups

MV Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5M10.6M7.9M6.9M5.5M5.2M
Total Stockholder Equity12.5M10.6M7.9M6.9M5.5M5.2M
Cash201.7K504.6K297.1K1.0M1.3M649.1K
Liabilities And Stockholders Equity12.5M10.6M7.9M6.9M5.5M5.2M
Net Debt(201.7K)(504.6K)(297.1K)(1.0M)(1.3M)(1.2M)
Non Current Assets Total12.3M10.1M7.6M5.8M4.2M4.0M
Non Currrent Assets Other(12.3M)(10.1M)(7.6M)(5.8M)(4.2M)(4.4M)
Cash And Short Term Investments201.7K504.6K297.1K1.0M1.3M1.3M
Other Stockholder Equity38.1M40.3M7.9M6.9M6.2M5.9M
Total Current Assets201.7K504.6K297.1K1.0M1.3M1.3M
Accumulated Other Comprehensive Income(33.6M)(35.9M)(38.1M)(40.3M)(36.3M)(34.5M)
Property Plant And Equipment Net12.3M10.1M7.6M5.8M4.2M4.0M
Property Plant And Equipment Gross14.5M12.3M10.1M50.4M57.9M31.4M
Common Stock Total Equity17.0M14.7M12.5M10.6M9.5M15.9M
Common Stock12.5M10.6M7.9M6.9M5.5M5.2M
Net Tangible Assets12.5M10.6M7.9M6.9M6.2M12.1M
Cash And Equivalents201.7K504.6K297.2K1.0M1.2M1.3M
Net Invested Capital12.5M10.6M7.9M6.9M5.5M8.6M
Capital Stock12.5M10.6M7.9M6.9M5.5M7.7M

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.

Moving together with MVO Stock

  0.67SD SandRidge EnergyPairCorr
  0.61SM SM EnergyPairCorr

Moving against MVO Stock

  0.7EP Empire Petroleum CorpPairCorr
  0.69CRK Comstock ResourcesPairCorr
  0.68BKV BKV CorporationPairCorr
  0.66DEC Diversified EnergyPairCorr
  0.62VIST Vista Oil GasPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether MV Oil Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MV Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mv Oil Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mv Oil Trust Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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
0.134
Earnings Share
1.59
Revenue Per Share
1.604
Quarterly Revenue Growth
0.072
Return On Assets
1.8876
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.