Alvopetro Energy Shares Owned By Insiders vs. Price To Book
| ALV Stock | CAD 4.36 0.03 0.69% |
For Alvopetro Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alvopetro Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alvopetro Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alvopetro Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alvopetro Energy over time as well as its relative position and ranking within its peers.
Alvopetro |
Alvopetro Energy Price To Book vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alvopetro Energy's current stock value. Our valuation model uses many indicators to compare Alvopetro Energy value to that of its competitors to determine the firm's financial worth. Alvopetro Energy is rated second in shares owned by insiders category among its peers. It is rated third in price to book category among its peers fabricating about 0.07 of Price To Book per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Book for Alvopetro Energy is roughly 14.93 . Price To Book Ratio is likely to climb to 2.22 in 2024. 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 Alvopetro Energy's earnings, one of the primary drivers of an investment's value.Alvopetro Price To Book vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Alvopetro Energy |
| = | 19.41 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
Alvopetro Energy |
| = | 1.30 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.
Alvopetro Price To Book Comparison
Alvopetro Energy is currently under evaluation in price to book category among its peers.
Alvopetro Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alvopetro Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alvopetro Energy will eventually generate negative long term returns. The profitability progress is the general direction of Alvopetro Energy's change in net profit over the period of time. It can combine multiple indicators of Alvopetro Energy, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -41.1 M | -39 M | |
| Operating Income | 41.7 M | 43.8 M | |
| Income Before Tax | 32.8 M | 34.4 M | |
| Net Income | 28.5 M | 30 M | |
| Income Tax Expense | 4.3 M | 4.5 M | |
| Net Income From Continuing Ops | 28.5 M | 30 M | |
| Total Other Income Expense Net | -7.4 M | -7.8 M | |
| Net Income Applicable To Common Shares | 36.5 M | 38.3 M | |
| Net Interest Income | -218 K | -228.9 K | |
| Interest Income | 1.3 M | 1.3 M | |
| Change To Netincome | 10 M | 10.5 M | |
| Net Income Per Share | 0.76 | 0.80 | |
| Income Quality | 1.67 | 1.76 | |
| Net Income Per E B T | 0.87 | 0.86 |
Alvopetro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alvopetro Energy. 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 Alvopetro Energy 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 Alvopetro Energy's important profitability drivers and their relationship over time.
Use Alvopetro Energy 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 Alvopetro Energy 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 Alvopetro Energy will appreciate offsetting losses from the drop in the long position's value.Alvopetro Energy Pair Trading
Alvopetro Energy Pair Trading Analysis
The ability to find closely correlated positions to Alvopetro Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alvopetro Energy 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 Alvopetro Energy - 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 Alvopetro Energy to buy it.
The correlation of Alvopetro Energy 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 Alvopetro Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alvopetro Energy 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 Alvopetro Energy 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 Alvopetro Energy position
In addition to having Alvopetro Energy 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?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents at this time.
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Additional Tools for Alvopetro Stock Analysis
When running Alvopetro Energy's price analysis, check to measure Alvopetro Energy'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 Alvopetro Energy is operating at the current time. Most of Alvopetro Energy's value examination focuses on studying past and present price action to predict the probability of Alvopetro Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alvopetro Energy's price. Additionally, you may evaluate how the addition of Alvopetro Energy to your portfolios can decrease your overall portfolio volatility.