Bengal Financial Statements From 2010 to 2025
| BNG Stock | CAD 0.01 0.01 50.00% |
Check Bengal Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bengal Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bengal financial statements analysis is a perfect complement when working with Bengal Energy Valuation or Volatility modules.
Bengal |
Bengal Energy Company Operating Margin Analysis
Bengal Energy's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Bengal Energy Operating Margin | (0.19) % |
Most of Bengal Energy's fundamental indicators, such as Operating Margin, 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, Bengal Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Bengal Energy has an Operating Margin of -0.1926%. This is 102.69% lower than that of the Oil, Gas & Consumable Fuels sector and 100.73% lower than that of the Energy industry. The operating margin for all Canada stocks is 96.5% lower than that of the firm.
Bengal Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bengal Energy's current stock value. Our valuation model uses many indicators to compare Bengal Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bengal Energy competition to find correlations between indicators driving Bengal Energy's intrinsic value. More Info.Bengal Energy is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bengal Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bengal Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Bengal Energy Financial Statements
Bengal Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Bengal 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.
Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves in Australia. The company was formerly known as Avery Resources and changed its name to Bengal Energy Ltd. in July 2008. BENGAL ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 10 people.
Pair Trading with Bengal Energy
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 Bengal Energy 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 Bengal Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Bengal Stock
| 0.55 | BA | BOEING CDR | PairCorr |
| 0.45 | GOOG | Alphabet CDR | PairCorr |
| 0.45 | QCOM | QUALCOMM Incorporated | PairCorr |
| 0.39 | TSLA | Tesla Inc CDR | PairCorr |
| 0.32 | ENS | E Split Corp | PairCorr |
The ability to find closely correlated positions to Bengal Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bengal Energy 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 Bengal Energy - 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 Bengal Energy to buy it.
The correlation of Bengal Energy 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 Bengal Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bengal Energy 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 Bengal Energy 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 Bengal Stock
Bengal Energy financial ratios help investors to determine whether Bengal 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 Bengal with respect to the benefits of owning Bengal Energy security.