Oracle Cdr Stock Net Income
| ORAC Stock | 9.92 0.08 0.81% |
Fundamental analysis of Oracle CDR allows traders to better anticipate movements in Oracle CDR's stock price by examining its financial health and performance throughout various phases of its business cycle.
Oracle |
Oracle CDR Company Net Income Analysis
Oracle CDR's 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.
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.
| Competition |
Based on the recorded statements, Oracle CDR reported net income of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Software - Infrastructure industry. The net income for all Canada stocks is 100.0% higher than that of the company.
Oracle Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oracle CDR's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oracle CDR could also be used in its relative valuation, which is a method of valuing Oracle CDR by comparing valuation metrics of similar companies.Oracle CDR is currently under evaluation in net income category among its peers.
Oracle Fundamentals
| Return On Equity | 0.69 | ||||
| Return On Asset | 0.0686 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 919.8 B | ||||
| Shares Outstanding | 11.4 B | ||||
| Number Of Shares Shorted | 14.51 K | ||||
| Price To Book | 2.76 X | ||||
| Price To Sales | 12.82 X | ||||
| Revenue | 61.02 B | ||||
| Gross Profit | 41.82 B | ||||
| EBITDA | 26.27 B | ||||
| Book Value Per Share | 14.37 X | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | 1.85 X | ||||
| Price To Earnings To Growth | 0.27 X | ||||
| Number Of Employees | 162 K | ||||
| Beta | 1.66 | ||||
| Market Capitalization | 782.38 B | ||||
| Annual Yield | 0.01 % | ||||
| Last Dividend Paid | 2.0 |
About Oracle CDR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oracle CDR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oracle CDR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oracle CDR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Oracle CDR
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 Oracle CDR 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 Oracle CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with Oracle Stock
Moving against Oracle Stock
| 0.91 | PRM | Big Pharma Split | PairCorr |
| 0.78 | POW | Power | PairCorr |
| 0.74 | PD | Precision Drilling | PairCorr |
| 0.72 | MAXQ | Maritime Launch Services | PairCorr |
| 0.67 | KEC | Kiwetinohk Energy Corp | PairCorr |
The ability to find closely correlated positions to Oracle CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oracle CDR 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 Oracle CDR - 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 Oracle CDR to buy it.
The correlation of Oracle CDR 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 Oracle CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oracle CDR 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 Oracle CDR 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.Other Information on Investing in Oracle Stock
Oracle CDR financial ratios help investors to determine whether Oracle Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oracle with respect to the benefits of owning Oracle CDR security.