Denbury Resources Price To Book vs. Shares Owned By Institutions
| DENDelisted Stock | USD 86.53 0.68 0.79% |
For Denbury Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Denbury Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Denbury Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Denbury Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Denbury Resources over time as well as its relative position and ranking within its peers.
Denbury |
Denbury Resources Shares Owned By Institutions vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Denbury Resources's current stock value. Our valuation model uses many indicators to compare Denbury Resources value to that of its competitors to determine the firm's financial worth. Denbury Resources is one of the top stocks in price to book category among its peers. It is rated below average in shares owned by institutions category among its peers producing about 31.42 of Shares Owned By Institutions per Price To Book. 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 Denbury Resources' earnings, one of the primary drivers of an investment's value.Denbury Shares Owned By Institutions vs. Price To Book
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.
Denbury Resources |
| = | 3.08 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.
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.
Denbury Resources |
| = | 96.70 % |
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.
Denbury Shares Owned By Institutions Comparison
Denbury Resources is currently under evaluation in shares owned by institutions category among its peers.
Denbury Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Denbury Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Denbury Resources will eventually generate negative long term returns. The profitability progress is the general direction of Denbury Resources' change in net profit over the period of time. It can combine multiple indicators of Denbury Resources, 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.
Denbury Inc., an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. Denbury Inc. was incorporated in 2003 and is headquartered in Plano, Texas. Denbury operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 740 people.
Denbury Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Denbury Resources. 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 Denbury Resources 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 Denbury Resources' important profitability drivers and their relationship over time.
Use Denbury Resources 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 Denbury Resources 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 Denbury Resources will appreciate offsetting losses from the drop in the long position's value.Denbury Resources Pair Trading
Denbury Resources Pair Trading Analysis
The ability to find closely correlated positions to Denbury Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denbury Resources 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 Denbury Resources - 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 Denbury Resources to buy it.
The correlation of Denbury Resources 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 Denbury Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denbury Resources 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 Denbury Resources 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 Denbury Resources position
In addition to having Denbury Resources 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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Check out Investing Opportunities 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 income. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Denbury Stock
If you are still planning to invest in Denbury Resources 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 Denbury Resources' history and understand the potential risks before investing.
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