Oil Refineries Return On Equity vs. Shares Owned By Insiders
| ORL Stock | ILS 94.00 1.80 1.95% |
For Oil Refineries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oil Refineries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oil Refineries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oil Refineries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oil Refineries over time as well as its relative position and ranking within its peers.
Oil |
Oil Refineries Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oil Refineries's current stock value. Our valuation model uses many indicators to compare Oil Refineries value to that of its competitors to determine the firm's financial worth. Oil Refineries is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in shares owned by insiders category among its peers making about 141.42 of Shares Owned By Insiders per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Oil Refineries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oil Refineries' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Oil Shares Owned By Insiders 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.
Oil Refineries |
| = | 0.28 |
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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Oil Refineries |
| = | 39.40 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Oil Shares Owned By Insiders Comparison
Oil Refineries is currently under evaluation in shares owned by insiders category among its peers.
Oil Refineries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oil Refineries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oil Refineries will eventually generate negative long term returns. The profitability progress is the general direction of Oil Refineries' change in net profit over the period of time. It can combine multiple indicators of Oil Refineries, 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.
Oil Refineries Ltd. engages in the production and sale of crude oil products in Israel and internationally. Oil Refineries Ltd. was incorporated in 1959 and is based in Haifa, Israel. OIL REFINERIES is traded on Tel Aviv Stock Exchange in Israel.
Oil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oil Refineries. 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 Refineries 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 Refineries' important profitability drivers and their relationship over time.
Use Oil Refineries 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 Refineries 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 Refineries will appreciate offsetting losses from the drop in the long position's value.Oil Refineries Pair Trading
Oil Refineries Pair Trading Analysis
The ability to find closely correlated positions to Oil Refineries 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 Refineries 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 Refineries - 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 Refineries to buy it.
The correlation of Oil Refineries 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 Refineries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oil Refineries 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 Refineries 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 Refineries position
In addition to having Oil Refineries 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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Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
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Other Information on Investing in Oil Stock
To fully project Oil Refineries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oil Refineries 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 Oil Refineries' income statement, its balance sheet, and the statement of cash flows.