Dunes Exploration Shares Outstanding vs. Current Valuation
Please note, there is a significant difference between Dunes Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dunes Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dunes Exploration'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.Dunes Exploration Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dunes Exploration's current stock value. Our valuation model uses many indicators to compare Dunes Exploration value to that of its competitors to determine the firm's financial worth. Dunes Exploration is rated below average in shares outstanding category among its peers. It is rated below average in current valuation category among its peers reporting about 0.46 of Current Valuation per Shares Outstanding. The ratio of Shares Outstanding to Current Valuation for Dunes Exploration is roughly 2.19 . 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 Dunes Exploration's earnings, one of the primary drivers of an investment's value.Dunes Current Valuation vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Dunes Exploration |
| = | 4.08 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Dunes Exploration |
| = | 1.86 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Dunes Current Valuation vs Competition
Dunes Exploration is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas E&P industry is currently estimated at about 2.39 Billion. Dunes Exploration adds roughly 1.86 Million in current valuation claiming only tiny portion of all equities under Oil & Gas E&P industry.
Dunes Exploration Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dunes Exploration, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dunes Exploration will eventually generate negative long term returns. The profitability progress is the general direction of Dunes Exploration's change in net profit over the period of time. It can combine multiple indicators of Dunes Exploration, 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.
Dunes Exploration Ltd. engages in the exploration and development of oil and gas properties in the United States. Dunes Exploration Ltd. was incorporated in 1993 and is based in Las Vegas, Nevada. Dunes Exploration operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Dunes Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dunes Exploration. 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 Dunes Exploration 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 Dunes Exploration's important profitability drivers and their relationship over time.
Dunes Exploration Earnings per Share Projection vs Actual
Use Dunes Exploration 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 Dunes Exploration 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 Dunes Exploration will appreciate offsetting losses from the drop in the long position's value.Dunes Exploration Pair Trading
Dunes Exploration Pair Trading Analysis
The ability to find closely correlated positions to Range 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 Range 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 Range 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 Range Resources Corp to buy it.
The correlation of Range 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 Range Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Range Resources 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 Range 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 Dunes Exploration position
In addition to having Dunes Exploration 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 Sports Thematic Idea Now
Sports
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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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 census. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Dunes Pink Sheet
If you are still planning to invest in Dunes Exploration 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 Dunes Exploration's history and understand the potential risks before investing.
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