Prosafe SE Price To Book vs. Shares Owned By Institutions
1Q6 Stock | EUR 0.54 0.02 3.57% |
For Prosafe SE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prosafe SE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prosafe SE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prosafe SE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prosafe SE over time as well as its relative position and ranking within its peers.
Prosafe |
Prosafe SE Shares Owned By Institutions vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prosafe SE's current stock value. Our valuation model uses many indicators to compare Prosafe SE value to that of its competitors to determine the firm's financial worth. Prosafe SE is rated second in price to book category among its peers. It is number one stock in shares owned by institutions category among its peers producing about 16.01 of Shares Owned By Institutions 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 Prosafe SE's earnings, one of the primary drivers of an investment's value.Prosafe Shares Owned By Institutions 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.
Prosafe SE |
| = | 2.77 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 Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Prosafe SE |
| = | 44.31 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Prosafe Shares Owned By Institutions Comparison
Prosafe SE is currently under evaluation in shares owned by institutions category among its peers.
Prosafe SE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prosafe SE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prosafe SE will eventually generate negative long term returns. The profitability progress is the general direction of Prosafe SE's change in net profit over the period of time. It can combine multiple indicators of Prosafe SE, 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.
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. Prosafe SE was founded in 1972 and is headquarter in Stavanger, Norway. PROSAFE SE is traded on Frankfurt Stock Exchange in Germany.
Prosafe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prosafe SE. 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 Prosafe SE 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 Prosafe SE's important profitability drivers and their relationship over time.
Use Prosafe SE 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 Prosafe SE 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 Prosafe SE will appreciate offsetting losses from the drop in the long position's value.Prosafe SE Pair Trading
Prosafe SE Pair Trading Analysis
The ability to find closely correlated positions to Prosafe SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosafe SE 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 Prosafe SE - 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 Prosafe SE to buy it.
The correlation of Prosafe SE 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 Prosafe SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prosafe SE 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 Prosafe SE 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 Prosafe SE position
In addition to having Prosafe SE 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?
Run Financials ETFs Thematic Idea Now
Financials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Prosafe Stock
To fully project Prosafe SE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prosafe SE at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Prosafe SE's income statement, its balance sheet, and the statement of cash flows.