ShaMaran Petroleum Return On Equity vs. Net Income
| SNM Stock | SEK 0.89 0.01 1.11% |
For ShaMaran Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ShaMaran Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ShaMaran Petroleum Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ShaMaran Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ShaMaran Petroleum Corp over time as well as its relative position and ranking within its peers.
ShaMaran |
ShaMaran Petroleum Corp Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ShaMaran Petroleum's current stock value. Our valuation model uses many indicators to compare ShaMaran Petroleum value to that of its competitors to determine the firm's financial worth. ShaMaran Petroleum Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 10,331,172 of Net Income 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 ShaMaran Petroleum's earnings, one of the primary drivers of an investment's value.ShaMaran Net Income 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.
ShaMaran Petroleum |
| = | 1.3 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ShaMaran Petroleum |
| = | 13.38 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
ShaMaran Net Income Comparison
ShaMaran Petroleum is currently under evaluation in net income category among its peers.
ShaMaran Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ShaMaran Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ShaMaran Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of ShaMaran Petroleum's change in net profit over the period of time. It can combine multiple indicators of ShaMaran Petroleum, 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.
ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas. ShaMaran Petroleum Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada. ShaMaran Petroleum operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 11 people.
ShaMaran Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ShaMaran Petroleum. 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 ShaMaran Petroleum 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 ShaMaran Petroleum's important profitability drivers and their relationship over time.
Use ShaMaran Petroleum 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 ShaMaran Petroleum 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 ShaMaran Petroleum will appreciate offsetting losses from the drop in the long position's value.ShaMaran Petroleum Pair Trading
ShaMaran Petroleum Corp Pair Trading Analysis
The ability to find closely correlated positions to ShaMaran Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ShaMaran Petroleum 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 ShaMaran Petroleum - 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 ShaMaran Petroleum Corp to buy it.
The correlation of ShaMaran Petroleum 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 ShaMaran Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ShaMaran Petroleum 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 ShaMaran Petroleum 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 ShaMaran Petroleum position
In addition to having ShaMaran Petroleum 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for ShaMaran Stock Analysis
When running ShaMaran Petroleum's price analysis, check to measure ShaMaran Petroleum'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 ShaMaran Petroleum is operating at the current time. Most of ShaMaran Petroleum's value examination focuses on studying past and present price action to predict the probability of ShaMaran Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ShaMaran Petroleum's price. Additionally, you may evaluate how the addition of ShaMaran Petroleum to your portfolios can decrease your overall portfolio volatility.