Archrock Partners Price To Earning vs. Price To Book
Please note, there is a significant difference between Archrock Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.Archrock Partners Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Archrock Partners's current stock value. Our valuation model uses many indicators to compare Archrock Partners value to that of its competitors to determine the firm's financial worth. Archrock Partners LP is rated below average in price to earning category among its peers. It is rated second in price to book category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Archrock Partners by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Archrock Price To Book vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Archrock Partners |
| = | (59.59) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Archrock Partners |
| = | 2.13 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.
Archrock Price To Book Comparison
Archrock Partners is currently under evaluation in price to book category among its peers.
Archrock Partners Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Archrock Partners, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Archrock Partners will eventually generate negative long term returns. The profitability progress is the general direction of Archrock Partners' change in net profit over the period of time. It can combine multiple indicators of Archrock Partners, 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.
Archrock Partners, L.P., together with its subsidiaries, provides natural gas contract operations services to customers in the United States. Archrock Partners, L.P. was founded in 2006 and is based in Houston, Texas. Archrock Partners operates under Oil Gas Equipment Services classification in USA and traded on NASDAQ.
Archrock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Archrock Partners. 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 Archrock Partners 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 Archrock Partners' important profitability drivers and their relationship over time.
Archrock Partners Earnings per Share Projection vs Actual
Use Archrock Partners 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 Archrock Partners 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 Archrock Partners will appreciate offsetting losses from the drop in the long position's value.Archrock Partners Pair Trading
Archrock Partners LP Pair Trading Analysis
The ability to find closely correlated positions to Urban Outfitters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Outfitters 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 Urban Outfitters - 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 Urban Outfitters to buy it.
The correlation of Urban Outfitters 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 Urban Outfitters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Outfitters 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 Urban Outfitters 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 Archrock Partners position
In addition to having Archrock Partners 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 Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 257 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 Latest Losers Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Archrock Stock
If you are still planning to invest in Archrock Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Archrock Partners' history and understand the potential risks before investing.
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