Index Oil Return On Equity vs. Price To Book
| IXOG Stock | USD 0.0007 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.49) | Current Value (0.51) | Quarterly Volatility 0.04661674 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.61 | 0.63 |
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| Operating Profit Margin | 1.87 | 1.97 |
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For Index Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Index Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Index Oil and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Index Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Index Oil and over time as well as its relative position and ranking within its peers.
Index |
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 Index Oil. If investors know Index 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 Index Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.04 | Quarterly Revenue Growth (0.67) | Return On Assets (0.13) | Return On Equity (0.90) |
The market value of Index Oil is measured differently than its book value, which is the value of Index that is recorded on the company's balance sheet. Investors also form their own opinion of Index Oil's value that differs from its market value or its book value, called intrinsic value, which is Index Oil'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 Index Oil's market value can be influenced by many factors that don't directly affect Index Oil'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 Index Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Index Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Index Oil'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.
Index Oil Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Index Oil's current stock value. Our valuation model uses many indicators to compare Index Oil value to that of its competitors to determine the firm's financial worth. Index Oil and is rated fifth overall in return on equity category among its peers. It also is rated fifth overall in price to book category among its peers . At this time, Index Oil's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Index Oil 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.Index Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Index Oil |
| = | -0.9 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Index Oil |
| = | 0.07 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.
Index Price To Book Comparison
Index Oil is currently under evaluation in price to book category among its peers.
Index Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Index Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Index Oil will eventually generate negative long term returns. The profitability progress is the general direction of Index Oil's change in net profit over the period of time. It can combine multiple indicators of Index Oil, 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 | -2.2 M | -2.3 M | |
| Net Loss | -8.4 M | -8 M | |
| Income Before Tax | -8.4 M | -8 M | |
| Total Other Income Expense Net | -6.3 M | -6 M | |
| Net Loss | -8.4 M | -8 M | |
| Net Loss | -8.4 M | -8 M | |
| Change To Netincome | 235 K | 223.2 K | |
| Income Quality | 0.97 | 1.02 |
Index Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Index Oil. 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 Index Oil 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 Index Oil's important profitability drivers and their relationship over time.
Use Index Oil 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 Index Oil 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 Index Oil will appreciate offsetting losses from the drop in the long position's value.Index Oil Pair Trading
Index Oil and Pair Trading Analysis
The ability to find closely correlated positions to Index Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Index Oil 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 Index Oil - 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 Index Oil and to buy it.
The correlation of Index Oil 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 Index Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Index Oil 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 Index Oil 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 Index Oil position
In addition to having Index Oil 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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To fully project Index Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Index Oil 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 Index Oil's income statement, its balance sheet, and the statement of cash flows.