Where Will Imperial Oil Stock Be in 1 Year - The Motley Fool Canada
| IMO Stock | CAD 102.45 0.71 0.69% |
About 61% of Imperial Oil's investor base is looking to short. The analysis of overall sentiment of trading Imperial Oil stock suggests that many investors are alarmed at this time. Imperial Oil's investing sentiment overview a quick insight into current market opportunities from investing in Imperial Oil. Many technical investors use Imperial Oil stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Where Will Imperial Oil Stock Be in 1 Year The Motley Fool Canada
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Imperial Oil Fundamental Analysis
We analyze Imperial Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Imperial Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Imperial Oil 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.
Price To Earning
Price To Earning Comparative Analysis
Imperial Oil is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Imperial Oil 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 Imperial Oil stock to make a market-neutral strategy. Peer analysis of Imperial Oil could also be used in its relative valuation, which is a method of valuing Imperial Oil by comparing valuation metrics with similar companies.
Peers
Imperial Oil Related Equities
| CNQ | Canadian Natural | 1.93 | ||||
| CVE | Cenovus Energy | 1.31 | ||||
| TRP | TC Energy | 0.35 | ||||
| SU | Suncor Energy | 0.24 | ||||
| CP | Canadian Pacific | 0.79 |
Check out Imperial Oil Hype Analysis, Imperial Oil Correlation and Imperial Oil Performance. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.