Considering the key profitability indicators obtained from Energy Of's historical financial statements, Energy Of's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Energy Of's ability to earn profits and add value for shareholders.
For Energy Of profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Energy Of to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Energy of Minas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Energy Of's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Energy of Minas over time as well as its relative position and ranking within its peers.
Please note, there is a significant difference between Energy Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Of'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.
Energy of Minas Shares Outstanding vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Energy Of's current stock value. Our valuation model uses many indicators to compare Energy Of value to that of its competitors to determine the firm's financial worth.
Energy of Minas is rated below average in operating margin category among its peers. It is rated third in shares outstanding category among its peers creating about 4,518,667,851 of Shares Outstanding per Operating Margin. At present, Energy Of's Operating Profit Margin is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Energy Of's earnings, one of the primary drivers of an investment's value.
Energy Shares Outstanding vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Energy Of
Operating Margin
=
Operating Income
Revenue
X
100
=
0.21 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Energy Of
Shares Outstanding
=
Public Shares
-
Repurchased
=
956.6 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Energy Shares Outstanding Comparison
Energy Of is currently under evaluation in shares outstanding category among its peers.
Energy Of Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Energy Of, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Energy Of will eventually generate negative long term returns. The profitability progress is the general direction of Energy Of's change in net profit over the period of time. It can combine multiple indicators of Energy Of, 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.
Profitability drivers are factors that can directly affect your investment outlook on Energy Of. 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 Energy Of 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 Energy Of's important profitability drivers and their relationship over time.
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 Energy Of 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 Energy Of will appreciate offsetting losses from the drop in the long position's value.
Energy Of Pair Trading
Energy of Minas Pair Trading Analysis
The ability to find closely correlated positions to Energy Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Of 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 Energy Of - 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 Energy of Minas to buy it.
The correlation of Energy Of 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 Energy Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy of Minas 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 Energy Of 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.
Use Investing Themes to Complement your Energy Of position
In addition to having Energy Of 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
To fully project Energy Of's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Energy of Minas at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Energy Of's income statement, its balance sheet, and the statement of cash flows.
Potential Energy Of investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Energy Of investors may work on each financial statement separately, they are all related. The changes in Energy Of's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Of's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
