NuStar Energy Price To Book vs. EBITDA
| NSDelisted Stock | USD 17.34 0.16 0.91% |
For NuStar Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NuStar Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NuStar Energy LP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NuStar Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NuStar Energy LP over time as well as its relative position and ranking within its peers.
NuStar |
NuStar Energy LP EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NuStar Energy's current stock value. Our valuation model uses many indicators to compare NuStar Energy value to that of its competitors to determine the firm's financial worth. NuStar Energy LP is rated below average in price to book category among its peers. It also is rated below average in ebitda category among its peers totaling about 282,057,278 of EBITDA per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value NuStar Energy 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.NuStar EBITDA 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.
NuStar Energy |
| = | 2.57 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
NuStar Energy |
| = | 724.86 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
NuStar EBITDA Comparison
NuStar Energy is currently under evaluation in ebitda category among its peers.
NuStar Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NuStar Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NuStar Energy will eventually generate negative long term returns. The profitability progress is the general direction of NuStar Energy's change in net profit over the period of time. It can combine multiple indicators of NuStar Energy, 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.
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and internationally. The company was incorporated in 1999 and is headquartered in San Antonio, Texas. Nustar Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1267 people.
NuStar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NuStar Energy. 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 NuStar Energy 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 NuStar Energy's important profitability drivers and their relationship over time.
Use NuStar Energy 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 NuStar Energy 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 NuStar Energy will appreciate offsetting losses from the drop in the long position's value.NuStar Energy Pair Trading
NuStar Energy LP Pair Trading Analysis
The ability to find closely correlated positions to NuStar Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NuStar Energy 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 NuStar Energy - 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 NuStar Energy LP to buy it.
The correlation of NuStar Energy 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 NuStar Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NuStar Energy LP 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 NuStar Energy 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 NuStar Energy position
In addition to having NuStar Energy 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 Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 114 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 Treasury ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis 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 state. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in NuStar Stock
If you are still planning to invest in NuStar Energy LP 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 NuStar Energy's history and understand the potential risks before investing.
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