CNOOC Limiteds Stock Is Going Strong Is the Market Following Fundamentals - Simply Wall St
| NC2B Stock | EUR 2.18 0.00 0.00% |
Roughly 61% of CNOOC's investor base is looking to short. The analysis of current outlook of investing in CNOOC suggests that many traders are alarmed regarding CNOOC's prospects. The current market sentiment, together with CNOOC's historical and current headlines, can help investors time the market. In addition, many technical investors use CNOOC stock news signals to limit their universe of possible portfolio assets.
CNOOC stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of CNOOC daily returns and investor perception about the current price of CNOOC as well as its diversification or hedging effects on your existing portfolios.
CNOOC |
CNOOC Limiteds Stock Is Going Strong Is the Market Following Fundamentals Simply Wall St
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CNOOC Fundamental Analysis
We analyze CNOOC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CNOOC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CNOOC 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
CNOOC is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
CNOOC 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 CNOOC stock to make a market-neutral strategy. Peer analysis of CNOOC could also be used in its relative valuation, which is a method of valuing CNOOC by comparing valuation metrics with similar companies.
Peers
CNOOC Related Equities
| YRB | Yokohama Rubber | 1.98 | ||||
| TM5 | T-MOBILE | 0.51 | ||||
| NU42 | Ribbon Communications | 0.52 | ||||
| HEI | Heidelberg Materials | 1.84 | ||||
| 5ZM | Zoom Video | 2.36 | ||||
| RYQ | Rayonier Advanced | 2.58 | ||||
| VMC | Vulcan Materials | 3.23 |
Complementary Tools for CNOOC Stock analysis
When running CNOOC's price analysis, check to measure CNOOC'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 CNOOC is operating at the current time. Most of CNOOC's value examination focuses on studying past and present price action to predict the probability of CNOOC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNOOC's price. Additionally, you may evaluate how the addition of CNOOC to your portfolios can decrease your overall portfolio volatility.
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