Century Petroleum Market Capitalization vs. Price To Book
| CYPE Stock | USD 0.00001 0.00 0.00% |
Century Petroleum Market Cap |
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For Century Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Century Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Century Petroleum Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Century Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Century Petroleum Corp over time as well as its relative position and ranking within its peers.
Century |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Century Petroleum. If investors know Century will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Century Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Petroleum Corp is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Century Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Century Petroleum's market value can be influenced by many factors that don't directly affect Century Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Petroleum's 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.
Century Petroleum Corp Price To Book vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Century Petroleum's current stock value. Our valuation model uses many indicators to compare Century Petroleum value to that of its competitors to determine the firm's financial worth. Century Petroleum Corp is rated third in market capitalization category among its peers. It is rated second in price to book category among its peers . The ratio of Market Capitalization to Price To Book for Century Petroleum Corp is about 125,392 . At present, Century Petroleum's Market Cap is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Century Petroleum 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.Century Market Capitalization vs. Competition
Century Petroleum Corp is rated third in market capitalization category among its peers. Market capitalization of Energy industry is currently estimated at about 879,154. Century Petroleum holds roughly 27,185 in market capitalization claiming about 3% of equities under Energy industry.
Century Price To Book vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Century Petroleum |
| = | 27.18 K |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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.
Century Petroleum |
| = | 0.22 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.
Century Price To Book Comparison
Century Petroleum is currently under evaluation in price to book category among its peers.
Century Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Century Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Century Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of Century Petroleum's change in net profit over the period of time. It can combine multiple indicators of Century Petroleum, 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 | -20.7 K | -21.7 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Income Before Tax | -20.8 K | -21.8 K | |
| Total Other Income Expense Net | 12.2 K | 6.8 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Net Loss | -20.8 K | -21.8 K | |
| Net Interest Income | (72.90) | (69.25) | |
| Change To Netincome | 2.5 M | 1.5 M | |
| Income Quality | 1.45 | 1.52 |
Century Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Century Petroleum. 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 Century Petroleum 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 Century Petroleum's important profitability drivers and their relationship over time.
Use Century Petroleum 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 Century Petroleum 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 Century Petroleum will appreciate offsetting losses from the drop in the long position's value.Century Petroleum Pair Trading
Century Petroleum Corp Pair Trading Analysis
The ability to find closely correlated positions to Century Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Petroleum 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 Century Petroleum - 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 Century Petroleum Corp to buy it.
The correlation of Century Petroleum 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 Century Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Petroleum Corp 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 Century Petroleum 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 Century Petroleum position
In addition to having Century Petroleum 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 Printing and Publishing Thematic Idea Now
Printing and Publishing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 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 Printing and Publishing Theme or any other thematic opportunities.
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To fully project Century Petroleum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Century Petroleum Corp 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 Century Petroleum's income statement, its balance sheet, and the statement of cash flows.