Vietnam Petroleum Transport Stock Current Valuation
| VIP Stock | 14,150 50.00 0.35% |
Valuation analysis of Vietnam Petroleum helps investors to measure Vietnam Petroleum's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Vietnam Petroleum's price fluctuation is very steady at this time. Calculation of the real value of Vietnam Petroleum is based on 3 months time horizon. Increasing Vietnam Petroleum's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Vietnam Petroleum is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vietnam Stock. However, Vietnam Petroleum's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14150.0 | Real 13975.0 | Hype 14150.0 |
The intrinsic value of Vietnam Petroleum's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Vietnam Petroleum's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Vietnam Petroleum Transport helps investors to forecast how Vietnam stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Vietnam Petroleum more accurately as focusing exclusively on Vietnam Petroleum's fundamentals will not take into account other important factors: Vietnam Petroleum Transport Company Current Valuation Analysis
Vietnam Petroleum's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Vietnam Petroleum Transport has a Current Valuation of 0.0. This is 100.0% lower than that of the Energy sector and about the same as Oil & Gas Related Equipment and Services (which currently averages 0.0) industry. The current valuation for all Vietnam stocks is 100.0% higher than that of the company.
Vietnam Petroleum Transport is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas Related Equipment and Services industry is at this time estimated at about 0.0. Vietnam Petroleum adds roughly 0.0 in current valuation claiming only tiny portion of all equities under Oil & Gas Related Equipment and Services industry.
About Vietnam Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vietnam Petroleum Transport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vietnam Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vietnam Petroleum Transport 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 Vietnam Petroleum
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 Vietnam 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 Vietnam Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Vietnam Stock
| 0.43 | FIT | FIT INVEST JSC | PairCorr |
| 0.32 | APG | APG Securities Joint | PairCorr |
| 0.31 | ABT | Bentre Aquaproduct Import | PairCorr |
The ability to find closely correlated positions to Vietnam 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 Vietnam 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 Vietnam 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 Vietnam Petroleum Transport to buy it.
The correlation of Vietnam 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 Vietnam Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vietnam Petroleum 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 Vietnam 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.Other Information on Investing in Vietnam Stock
Vietnam Petroleum financial ratios help investors to determine whether Vietnam 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 Vietnam with respect to the benefits of owning Vietnam Petroleum security.