Source Rock Price To Earning vs. Net Income
| SRR Stock | 0.88 0.01 1.15% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.38 | 0.5211 |
|
| |||||
| Operating Profit Margin | 1.31 | 0.755 |
|
|
For Source Rock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Source Rock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Source Rock Royalties utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Source Rock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Source Rock Royalties over time as well as its relative position and ranking within its peers.
Source |
Source Rock Royalties Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Source Rock's current stock value. Our valuation model uses many indicators to compare Source Rock value to that of its competitors to determine the firm's financial worth. Source Rock Royalties is rated fourth in price to earning category among its peers. It is rated fifth in net income category among its peers making up about 626,524 of Net Income per Price To Earning. At this time, Source Rock's Net Income is fairly stable compared to the past year. 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 Source Rock's earnings, one of the primary drivers of an investment's value.Source Net Income vs. Price To Earning
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.
Source Rock |
| = | 2.50 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.
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.
Source Rock |
| = | 1.57 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.
Source Net Income Comparison
Source Rock is currently under evaluation in net income category among its peers.
Source Rock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Source Rock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Source Rock will eventually generate negative long term returns. The profitability progress is the general direction of Source Rock's change in net profit over the period of time. It can combine multiple indicators of Source Rock, 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.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 2.9 M | 3.1 M | |
| Income Tax Expense | 1 M | 1.1 M | |
| Net Interest Income | 431.4 K | 452.9 K | |
| Interest Income | 431.4 K | 452.9 K | |
| Operating Income | 1.8 M | 1.6 M | |
| Net Income From Continuing Ops | 1.6 M | 1.6 M | |
| Income Before Tax | 2.3 M | 2.4 M | |
| Total Other Income Expense Net | -1.6 M | -1.7 M | |
| Net Income | 1.6 M | 1.6 M | |
| Change To Netincome | 448.1 K | 470.5 K | |
| Net Income Per Share | 0.03 | 0.04 | |
| Income Quality | 3.14 | 2.98 | |
| Net Income Per E B T | 0.69 | 0.73 |
Source Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Source Rock. 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 Source Rock 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 Source Rock's important profitability drivers and their relationship over time.
Use Source Rock 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 Source Rock 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 Source Rock will appreciate offsetting losses from the drop in the long position's value.Source Rock Pair Trading
Source Rock Royalties Pair Trading Analysis
The ability to find closely correlated positions to Source Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Source Rock 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 Source Rock - 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 Source Rock Royalties to buy it.
The correlation of Source Rock 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 Source Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Source Rock Royalties 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 Source Rock 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 Source Rock position
In addition to having Source Rock 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 Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 113 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 Treasury ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Source Stock Analysis
When running Source Rock's price analysis, check to measure Source Rock'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 Source Rock is operating at the current time. Most of Source Rock's value examination focuses on studying past and present price action to predict the probability of Source Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Source Rock's price. Additionally, you may evaluate how the addition of Source Rock to your portfolios can decrease your overall portfolio volatility.