Cardinal Energy Net Income vs. Shares Owned By Institutions
CJ Stock | CAD 6.73 0.07 1.05% |
Net Income | First Reported 2012-09-30 | Previous Quarter 40.6 M | Current Value 25.1 M | Quarterly Volatility 85.3 M |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.44 | 0.5508 |
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For Cardinal Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cardinal Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cardinal Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cardinal Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cardinal Energy over time as well as its relative position and ranking within its peers.
Cardinal |
Cardinal Energy Shares Owned By Institutions vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cardinal Energy's current stock value. Our valuation model uses many indicators to compare Cardinal Energy value to that of its competitors to determine the firm's financial worth. Cardinal Energy is rated second in net income category among its peers. It is rated fifth in shares owned by institutions category among its peers . The ratio of Net Income to Shares Owned By Institutions for Cardinal Energy is about 19,884,453 . At this time, Cardinal Energy's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Cardinal Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cardinal Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Cardinal Shares Owned By Institutions vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Cardinal Energy |
| = | 103.6 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Cardinal Energy |
| = | 5.21 % |
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.
Cardinal Shares Owned By Institutions Comparison
Cardinal Energy is currently under evaluation in shares owned by institutions category among its peers.
Cardinal Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cardinal Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cardinal Energy will eventually generate negative long term returns. The profitability progress is the general direction of Cardinal Energy's change in net profit over the period of time. It can combine multiple indicators of Cardinal 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 | ||
Operating Income | 138.2 M | 145.2 M | |
Income Before Tax | 135.8 M | 142.6 M | |
Total Other Income Expense Net | -2.5 M | -2.6 M | |
Net Income | 103.6 M | 108.8 M | |
Income Tax Expense | 32.2 M | 33.8 M | |
Net Income From Continuing Ops | 103.6 M | 108.8 M | |
Net Income Applicable To Common Shares | 348.1 M | 365.5 M | |
Interest Income | 2.4 M | 2.3 M | |
Net Interest Income | -6.4 M | -6.8 M | |
Change To Netincome | -27.2 M | -25.8 M | |
Net Income Per Share | 0.66 | 0.69 | |
Income Quality | 2.22 | 2.33 | |
Net Income Per E B T | 0.76 | 0.74 |
Cardinal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cardinal 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 Cardinal 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 Cardinal Energy's important profitability drivers and their relationship over time.
Use Cardinal 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 Cardinal 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 Cardinal Energy will appreciate offsetting losses from the drop in the long position's value.Cardinal Energy Pair Trading
Cardinal Energy Pair Trading Analysis
The ability to find closely correlated positions to Cardinal 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 Cardinal 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 Cardinal 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 Cardinal Energy to buy it.
The correlation of Cardinal 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 Cardinal Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardinal 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 Cardinal 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 Cardinal Energy position
In addition to having Cardinal 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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Other Information on Investing in Cardinal Stock
To fully project Cardinal Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cardinal Energy 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 Cardinal Energy's income statement, its balance sheet, and the statement of cash flows.