Prime Oil Profit Margin vs. Operating Margin
| 2904 Stock | TWD 18.00 0.05 0.28% |
For Prime Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prime Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prime Oil Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prime Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prime Oil Chemical over time as well as its relative position and ranking within its peers.
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Prime Oil Chemical Operating Margin vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prime Oil's current stock value. Our valuation model uses many indicators to compare Prime Oil value to that of its competitors to determine the firm's financial worth. Prime Oil Chemical is number one stock in profit margin category among its peers. It also is number one stock in operating margin category among its peers reporting about 0.83 of Operating Margin per Profit Margin. The ratio of Profit Margin to Operating Margin for Prime Oil Chemical is roughly 1.20 . 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 Prime Oil's earnings, one of the primary drivers of an investment's value.Prime Operating Margin vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | 0.20 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
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| = | 0.17 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Prime Operating Margin Comparison
Prime Oil is currently under evaluation in operating margin category among its peers.
Prime Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prime Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prime Oil will eventually generate negative long term returns. The profitability progress is the general direction of Prime Oil's change in net profit over the period of time. It can combine multiple indicators of Prime Oil, 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.
Prime Oil Chemical Service Corporation operates as an oil and petrochemical storage and transshipping company in Taiwan. Prime Oil Chemical Service Corporation was founded in 1978 and is headquartered in Taipei City, Taiwan. PAN OVERSEAS operates under Oil Gas Equipment Services classification in Taiwan and is traded on Taiwan Stock Exchange.
Prime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prime Oil. 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 Prime Oil 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 Prime Oil's important profitability drivers and their relationship over time.
Use Prime Oil 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 Prime Oil 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 Prime Oil will appreciate offsetting losses from the drop in the long position's value.Prime Oil Pair Trading
Prime Oil Chemical Pair Trading Analysis
The ability to find closely correlated positions to Prime Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Oil 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 Prime Oil - 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 Prime Oil Chemical to buy it.
The correlation of Prime Oil 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 Prime Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Oil Chemical 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 Prime Oil 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 Prime Oil position
In addition to having Prime Oil 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for Prime Stock Analysis
When running Prime Oil's price analysis, check to measure Prime Oil'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 Prime Oil is operating at the current time. Most of Prime Oil's value examination focuses on studying past and present price action to predict the probability of Prime Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Oil's price. Additionally, you may evaluate how the addition of Prime Oil to your portfolios can decrease your overall portfolio volatility.