SPRC Reports 110 Million Net Profit in 1Q24 with Higher Refining Margins and Stock Gains - KAOHOON ... - KAOHOON INTERNATIONAL
| SPRC Stock | THB 6.70 0.15 2.19% |
About 62% of Star Petroleum's investor base is looking to short. The analysis of current outlook of investing in Star Petroleum Refining suggests that many traders are alarmed regarding Star Petroleum's prospects. Star Petroleum's investing sentiment shows overall attitude of investors towards Star Petroleum Refining.
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SPRC Reports 110 Million Net Profit in 1Q24 with Higher Refining Margins and Stock Gains - KAOHOON ... KAOHOON INTERNATIONAL
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Star Petroleum Fundamental Analysis
We analyze Star Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Star Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Star 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.
Shares Outstanding
Shares Outstanding Comparative Analysis
Star Petroleum is currently regarded as top stock in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Star Petroleum Refining 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 Star Petroleum stock to make a market-neutral strategy. Peer analysis of Star Petroleum could also be used in its relative valuation, which is a method of valuing Star Petroleum by comparing valuation metrics with similar companies.
Peers
Star Petroleum Related Equities
| OR | PTT Oil | 1.35 | ||||
| PRM | Prima Marine | 1.15 | ||||
| PSTC | Power Solution | 2.13 | ||||
| SPRC | Star Petroleum | 2.19 |
Other Information on Investing in Star Stock
Star Petroleum financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Petroleum security.