2 Beloved Warren Buffett Stocks to Watch on Rise in Oil Prices - Yahoo Finance
OXYP34 Stock | BRL 48.88 1.48 2.94% |
About 62% of Occidental Petroleum's investor base is looking to short. The analysis of current outlook of investing in Occidental Petroleum suggests that many traders are alarmed regarding Occidental Petroleum's prospects. The current market sentiment, together with Occidental Petroleum's historical and current headlines, can help investors time the market. In addition, many technical investors use Occidental Petroleum stock news signals to limit their universe of possible portfolio assets.
Occidental |
2 Beloved Warren Buffett Stocks to Watch on Rise in Oil Prices Yahoo Finance
Read at news.google.com
Occidental Petroleum Fundamental Analysis
We analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Occidental Petroleum is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Occidental Petroleum Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Occidental Petroleum stock to make a market-neutral strategy. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics with similar companies.
Peers
Occidental Petroleum Related Equities
CVSH34 | CVS Health | 5.07 | ||||
AALL34 | American Airlines | 4.16 | ||||
AVGO34 | Broadcom | 0.37 | ||||
P2LN34 | Planet Fitness | 0.00 | ||||
LEVE3 | MAHLE Metal | 0.50 | ||||
VVEO3 | CM Hospitalar | 0.51 | ||||
TSMC34 | Taiwan Semiconductor | 3.29 |
Complementary Tools for Occidental Stock analysis
When running Occidental Petroleum's price analysis, check to measure Occidental 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 Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental 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 Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |