Oil Natural Shares Outstanding vs. Return On Asset
| ONGC Stock | 236.90 3.35 1.39% |
For Oil Natural profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oil Natural to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oil Natural Gas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oil Natural's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oil Natural Gas over time as well as its relative position and ranking within its peers.
Oil |
Oil Natural Gas Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oil Natural's current stock value. Our valuation model uses many indicators to compare Oil Natural value to that of its competitors to determine the firm's financial worth. Oil Natural Gas is considered to be number one stock in shares outstanding category among its peers. It also is considered to be number one stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Oil Natural Gas is about 261,002,070,041 . 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 Oil Natural's earnings, one of the primary drivers of an investment's value.Oil Return On Asset 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.
Oil Natural |
| = | 12.58 B |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Oil Natural |
| = | 0.0482 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Oil Return On Asset Comparison
Oil Natural is currently under evaluation in return on asset category among its peers.
Oil Natural Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oil Natural, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oil Natural will eventually generate negative long term returns. The profitability progress is the general direction of Oil Natural's change in net profit over the period of time. It can combine multiple indicators of Oil Natural, 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 | ||
| Accumulated Other Comprehensive Income | 3 T | 3.1 T | |
| Operating Income | 1.2 T | 1.3 T | |
| Income Before Tax | 768.6 B | 807 B | |
| Net Income Applicable To Common Shares | 407.6 B | 225.1 B | |
| Net Income | 492.2 B | 308.8 B | |
| Income Tax Expense | 197.6 B | 113.1 B | |
| Total Other Income Expense Net | -462 B | -438.9 B | |
| Net Income From Continuing Ops | 571 B | 311 B | |
| Interest Income | 90.3 B | 94.9 B | |
| Net Interest Income | -101.9 B | -96.8 B | |
| Change To Netincome | 111.4 B | 117 B |
Oil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oil Natural. 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 Oil Natural 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 Oil Natural's important profitability drivers and their relationship over time.
Use Oil Natural 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 Oil Natural 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 Oil Natural will appreciate offsetting losses from the drop in the long position's value.Oil Natural Pair Trading
Oil Natural Gas Pair Trading Analysis
The ability to find closely correlated positions to Oil Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oil Natural 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 Oil Natural - 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 Oil Natural Gas to buy it.
The correlation of Oil Natural 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 Oil Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oil Natural Gas 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 Oil Natural 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 Oil Natural position
In addition to having Oil Natural 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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Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Additional Tools for Oil Stock Analysis
When running Oil Natural's price analysis, check to measure Oil Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil Natural is operating at the current time. Most of Oil Natural's value examination focuses on studying past and present price action to predict the probability of Oil Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Natural's price. Additionally, you may evaluate how the addition of Oil Natural to your portfolios can decrease your overall portfolio volatility.