Chord Energy Price To Sales vs. Price To Earning

Based on the key profitability measurements obtained from Chord Energy's financial statements, Chord Energy Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Chord Energy's ability to earn profits and add value for shareholders.
For Chord Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chord Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chord Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chord Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chord Energy Corp over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Is Petroleum and Natural Gas 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 Chord Energy. If investors know Chord 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 Chord Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chord Energy Corp is measured differently than its book value, which is the value of Chord that is recorded on the company's balance sheet. Investors also form their own opinion of Chord Energy's value that differs from its market value or its book value, called intrinsic value, which is Chord Energy'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 Chord Energy's market value can be influenced by many factors that don't directly affect Chord Energy'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 Chord Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chord Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chord Energy'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.

Chord Energy Corp Price To Earning vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chord Energy's current stock value. Our valuation model uses many indicators to compare Chord Energy value to that of its competitors to determine the firm's financial worth.
Chord Energy Corp is rated fourth in price to sales category among its peers. It also is rated fourth in price to earning category among its peers reporting about  5.51  of Price To Earning per Price To Sales. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chord Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Chord Price To Earning vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Chord Energy

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.61 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.

Chord Energy

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
8.88 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Chord Price To Earning Comparison

Chord Energy is currently under evaluation in price to earning category among its peers.

Chord Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chord Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chord Energy will eventually generate negative long term returns. The profitability progress is the general direction of Chord Energy's change in net profit over the period of time. It can combine multiple indicators of Chord Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Chord Energy Corporation operates as an independent exploration and production company. The company was founded in 2007 and is headquartered in Houston, Texas. Chord Energy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 255 people.

Chord Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Chord Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Chord Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Chord Energy's important profitability drivers and their relationship over time.

Use Chord Energy in pair-trading

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 Chord 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 Chord Energy will appreciate offsetting losses from the drop in the long position's value.

Chord Energy Pair Trading

Chord Energy Corp Pair Trading Analysis

The ability to find closely correlated positions to Chord 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 Chord 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 Chord 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 Chord Energy Corp to buy it.
The correlation of Chord 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 Chord Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chord Energy Corp 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 Chord 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Chord Energy position

In addition to having Chord Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Services Thematic Idea Now

Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
View All  Next Launch
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for Chord Stock

When running Chord Energy's price analysis, check to measure Chord Energy'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 Chord Energy is operating at the current time. Most of Chord Energy's value examination focuses on studying past and present price action to predict the probability of Chord Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chord Energy's price. Additionally, you may evaluate how the addition of Chord Energy to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Share Portfolio
Track or share privately all of your investments from the convenience of any device