Deep Value Earnings Per Share vs. Market Capitalization
| DVD Stock | NOK 16.48 0.12 0.72% |
For Deep Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Deep Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Deep Value Driller utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Deep Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Deep Value Driller over time as well as its relative position and ranking within its peers.
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Deep Value Driller Market Capitalization vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Deep Value's current stock value. Our valuation model uses many indicators to compare Deep Value value to that of its competitors to determine the firm's financial worth. Deep Value Driller is one of the top stocks in earnings per share category among its peers. It is rated # 2 in market capitalization category among its peers . 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 Deep Value's earnings, one of the primary drivers of an investment's value.Deep Market Capitalization vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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| = | (0.14) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
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| = | 1.67 B |
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.
Deep Market Capitalization vs Competition
Deep Value Driller is rated # 2 in market capitalization category among its peers. Market capitalization of Oil & Gas Drilling industry is currently estimated at about 43.27 Billion. Deep Value holds roughly 1.67 Billion in market capitalization claiming about 4% of all equities under Oil & Gas Drilling industry.
Deep Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Deep Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Deep Value will eventually generate negative long term returns. The profitability progress is the general direction of Deep Value's change in net profit over the period of time. It can combine multiple indicators of Deep Value, 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.
Deep Value Driller AS focuses on acquiring, investing, and operating drill vessels in Norway. The company was incorporated in 2021 and is based in Oslo, Norway. DEEP VALUE is traded on Oslo Stock Exchange in Norway.
Deep Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Deep Value. 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 Deep Value 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 Deep Value's important profitability drivers and their relationship over time.
Use Deep Value 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 Deep Value 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 Deep Value will appreciate offsetting losses from the drop in the long position's value.Deep Value Pair Trading
Deep Value Driller Pair Trading Analysis
The ability to find closely correlated positions to Deep Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deep Value 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 Deep Value - 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 Deep Value Driller to buy it.
The correlation of Deep Value 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 Deep Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deep Value Driller 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 Deep Value 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 Deep Value position
In addition to having Deep Value 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 Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 216 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 Gainers Theme or any other thematic opportunities.
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Other Information on Investing in Deep Stock
To fully project Deep Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Deep Value Driller 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 Deep Value's income statement, its balance sheet, and the statement of cash flows.