Tethys Oil Price To Book vs. Shares Owned By Insiders
| TETY Stock | SEK 56.70 0.80 1.39% |
For Tethys Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tethys Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tethys Oil AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tethys Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tethys Oil AB over time as well as its relative position and ranking within its peers.
Tethys |
Tethys Oil AB Shares Owned By Insiders vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tethys Oil's current stock value. Our valuation model uses many indicators to compare Tethys Oil value to that of its competitors to determine the firm's financial worth. Tethys Oil AB is currently regarded as top stock in price to book category among its peers. It also is currently regarded as top stock in shares owned by insiders category among its peers making about 28.17 of Shares Owned By Insiders per Price To Book. 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 Tethys Oil's earnings, one of the primary drivers of an investment's value.Tethys Shares Owned By Insiders vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Tethys Oil |
| = | 0.72 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Tethys Oil |
| = | 20.18 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Tethys Shares Owned By Insiders Comparison
Tethys Oil is currently under evaluation in shares owned by insiders category among its peers.
Tethys Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tethys Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tethys Oil will eventually generate negative long term returns. The profitability progress is the general direction of Tethys Oil's change in net profit over the period of time. It can combine multiple indicators of Tethys 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.
Tethys Oil AB focuses on the exploration and production of oil and natural gas properties. Tethys Oil AB was incorporated in 2001 and is headquartered in Stockholm, Sweden. Tethys Oil operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 26 people.
Tethys Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tethys 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 Tethys 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 Tethys Oil's important profitability drivers and their relationship over time.
Use Tethys 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 Tethys 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 Tethys Oil will appreciate offsetting losses from the drop in the long position's value.Tethys Oil Pair Trading
Tethys Oil AB Pair Trading Analysis
The ability to find closely correlated positions to Tethys 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 Tethys 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 Tethys 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 Tethys Oil AB to buy it.
The correlation of Tethys 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 Tethys Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tethys Oil AB 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 Tethys 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 Tethys Oil position
In addition to having Tethys 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?
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Additional Tools for Tethys Stock Analysis
When running Tethys Oil's price analysis, check to measure Tethys Oil'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 Tethys Oil is operating at the current time. Most of Tethys Oil's value examination focuses on studying past and present price action to predict the probability of Tethys Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tethys Oil's price. Additionally, you may evaluate how the addition of Tethys Oil to your portfolios can decrease your overall portfolio volatility.