Wt Offshore Stock Beta
| WTI Stock | USD 1.94 0.03 1.57% |
WT Offshore fundamentals help investors to digest information that contributes to WT Offshore's financial success or failures. It also enables traders to predict the movement of WTI Stock. The fundamental analysis module provides a way to measure WT Offshore's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to WT Offshore stock.
WTI | Beta |
WT Offshore Company Beta Analysis
WT Offshore's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current WT Offshore Beta | 1.4 |
Most of WT Offshore's fundamental indicators, such as Beta, 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, WT Offshore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
WTI Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for WT Offshore is extremely important. It helps to project a fair market value of WTI Stock properly, considering its historical fundamentals such as Beta. Since WT Offshore's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of WT Offshore's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of WT Offshore's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, WT Offshore has a Beta of 1.399. This is 17.71% lower than that of the Oil, Gas & Consumable Fuels sector and 9.16% lower than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
WTI Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WT Offshore's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WT Offshore could also be used in its relative valuation, which is a method of valuing WT Offshore by comparing valuation metrics of similar companies.WT Offshore is currently under evaluation in beta category among its peers.
WT Offshore Institutional Holders
Institutional Holdings refers to the ownership stake in WT Offshore that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WT Offshore's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WT Offshore's value.| Shares | First Trust Advisors L.p. | 2024-06-30 | 1.3 M | Acadian Asset Management Llc | 2024-06-30 | 1.1 M | Bank Of New York Mellon Corp | 2024-06-30 | 1 M | Northern Trust Corp | 2024-09-30 | 909 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 778.3 K | Amvescap Plc. | 2024-06-30 | 647.2 K | Renaissance Technologies Corp | 2024-09-30 | 621.4 K | Fisher Asset Management, Llc | 2024-09-30 | 566.9 K | Jane Street Group Llc | 2024-06-30 | 533.4 K | Blackrock Inc | 2024-06-30 | 8.2 M | Vanguard Group Inc | 2024-09-30 | 7.3 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WT Offshore will likely underperform.
WTI Fundamentals
| Return On Equity | -1.69 | |||
| Return On Asset | -0.0142 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.16) % | |||
| Current Valuation | 548.97 M | |||
| Shares Outstanding | 147.36 M | |||
| Shares Owned By Insiders | 33.62 % | |||
| Shares Owned By Institutions | 35.88 % | |||
| Number Of Shares Shorted | 17.26 M | |||
| Price To Earning | 3.98 X | |||
| Price To Book | 62.05 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 532.66 M | |||
| Gross Profit | 661.46 M | |||
| EBITDA | 222.33 M | |||
| Net Income | 15.6 M | |||
| Cash And Equivalents | 461.36 M | |||
| Cash Per Share | 3.12 X | |||
| Total Debt | 402.86 M | |||
| Debt To Equity | 5.55 % | |||
| Current Ratio | 1.60 X | |||
| Book Value Per Share | (0.21) X | |||
| Cash Flow From Operations | 115.33 M | |||
| Short Ratio | 9.67 X | |||
| Earnings Per Share | (0.43) X | |||
| Price To Earnings To Growth | (0.18) X | |||
| Target Price | 10.0 | |||
| Number Of Employees | 395 | |||
| Beta | 1.4 | |||
| Market Capitalization | 281.45 M | |||
| Total Asset | 1.11 B | |||
| Retained Earnings | (530.66 M) | |||
| Working Capital | 48.13 M | |||
| Current Asset | 169.31 M | |||
| Current Liabilities | 227.49 M | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 1.11 B | |||
| Last Dividend Paid | 0.04 |
About WT Offshore Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WT Offshore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WT Offshore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WT Offshore 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.
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When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:Check out WT Offshore Piotroski F Score and WT Offshore Altman Z Score analysis. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 WT Offshore. If investors know WTI 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 WT Offshore 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 (0.98) | Dividend Share 0.04 | Earnings Share (0.43) | Revenue Per Share 3.657 | Quarterly Revenue Growth (0.15) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.