Saturn Oil Return On Equity vs. Revenue
| OILSF Stock | USD 1.62 0.05 3.18% |
For Saturn Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Saturn Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Saturn Oil Gas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Saturn Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Saturn Oil Gas over time as well as its relative position and ranking within its peers.
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Saturn Oil Gas Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Saturn Oil's current stock value. Our valuation model uses many indicators to compare Saturn Oil value to that of its competitors to determine the firm's financial worth. Saturn Oil Gas is considered to be number one stock in return on equity category among its peers. It also is rated top company in revenue category among its peers totaling about 96,950,029 of Revenue per Return On Equity. 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 Saturn Oil's earnings, one of the primary drivers of an investment's value.Saturn Revenue vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 116.21 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Saturn Revenue vs Competition
Saturn Oil Gas is rated top company in revenue category among its peers. Market size based on revenue of Oil & Gas E&P industry is now estimated at about 3.23 Billion. Saturn Oil holds roughly 116.21 Million in revenue claiming about 4% of all equities under Oil & Gas E&P industry.
Saturn Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Saturn Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Saturn Oil will eventually generate negative long term returns. The profitability progress is the general direction of Saturn Oil's change in net profit over the period of time. It can combine multiple indicators of Saturn Oil, 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.
Saturn Oil Gas Inc. engages in the acquisition, exploration, and development of petroleum and natural gas resource deposits in Canada. Saturn Oil Gas Inc. was incorporated in 2001 and is headquartered in Calgary, Canada. Saturn Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 68 people.
Saturn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Saturn Oil. 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 Saturn Oil 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 Saturn Oil's important profitability drivers and their relationship over time.
Use Saturn Oil 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 Saturn Oil 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 Saturn Oil will appreciate offsetting losses from the drop in the long position's value.Saturn Oil Pair Trading
Saturn Oil Gas Pair Trading Analysis
The ability to find closely correlated positions to Saturn Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saturn Oil 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 Saturn Oil - 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 Saturn Oil Gas to buy it.
The correlation of Saturn Oil 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 Saturn Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saturn Oil Gas 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 Saturn Oil 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 Saturn Oil position
In addition to having Saturn Oil 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Other Information on Investing in Saturn OTC Stock
To fully project Saturn Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Saturn Oil Gas 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 Saturn Oil's income statement, its balance sheet, and the statement of cash flows.