Why ExxonMobil Stock Tumbled Nearly 10 percent in 2023 - The Motley Fool
| EXXO34 Stock | BRL 83.99 0.28 0.33% |
About 62% of Exxon Mobil's investor base is looking to short. The analysis of current outlook of investing in Exxon Mobil suggests that many traders are alarmed regarding Exxon Mobil's prospects. The current market sentiment, together with Exxon Mobil's historical and current headlines, can help investors time the market. In addition, many technical investors use Exxon Mobil stock news signals to limit their universe of possible portfolio assets.
Exxon |
Why ExxonMobil Stock Tumbled Nearly 10 percent in 2023 The Motley Fool
Read at news.google.com
 |
Exxon Mobil Fundamental Analysis
We analyze Exxon Mobil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exxon Mobil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exxon Mobil 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.
Current Valuation
Current Valuation Comparative Analysis
Exxon Mobil is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Exxon Mobil Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Exxon Mobil stock to make a market-neutral strategy. Peer analysis of Exxon Mobil could also be used in its relative valuation, which is a method of valuing Exxon Mobil by comparing valuation metrics with similar companies.
Peers
Exxon Mobil Related Equities
| NORD3 | Nordon Indstrias | 4.76 | ||||
| VERZ34 | Verizon Communications | 1.40 | ||||
| T2DH34 | Teladoc Health | 0.49 | ||||
| MATD3 | Hospital Mater | 0.50 | ||||
| CVSH34 | CVS Health | 1.51 | ||||
| BMOB3 | Bemobi Mobile | 1.62 | ||||
| TSNF34 | Tyson Foods | 3.01 |
Complementary Tools for Exxon Stock analysis
When running Exxon Mobil's price analysis, check to measure Exxon Mobil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon Mobil is operating at the current time. Most of Exxon Mobil's value examination focuses on studying past and present price action to predict the probability of Exxon Mobil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon Mobil's price. Additionally, you may evaluate how the addition of Exxon Mobil to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |