PetroChina Company EBITDA vs. Shares Owned By Institutions
| PC6 Stock | EUR 0.71 0.01 1.39% |
For PetroChina Company profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PetroChina Company to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PetroChina Company Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PetroChina Company's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PetroChina Company Limited over time as well as its relative position and ranking within its peers.
PetroChina |
PetroChina Limited Shares Owned By Institutions vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PetroChina Company's current stock value. Our valuation model uses many indicators to compare PetroChina Company value to that of its competitors to determine the firm's financial worth. PetroChina Company Limited is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in shares owned by institutions category among its peers . The ratio of EBITDA to Shares Owned By Institutions for PetroChina Company Limited is about 13,262,786,885 . 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 PetroChina Company's earnings, one of the primary drivers of an investment's value.PetroChina Shares Owned By Institutions vs. EBITDA
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.
PetroChina Company |
| = | 404.51 B |
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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
PetroChina Company |
| = | 30.50 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
PetroChina Company Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PetroChina Company, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PetroChina Company will eventually generate negative long term returns. The profitability progress is the general direction of PetroChina Company's change in net profit over the period of time. It can combine multiple indicators of PetroChina Company, 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.
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation. PETROCHINA LTD operates under Oil Gas Integrated classification in Germany and is traded on Frankfurt Stock Exchange. It employs 476223 people.
PetroChina Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PetroChina Company. 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 PetroChina Company 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 PetroChina Company's important profitability drivers and their relationship over time.
Use PetroChina Company 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 PetroChina Company 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 PetroChina Company will appreciate offsetting losses from the drop in the long position's value.PetroChina Company Pair Trading
PetroChina Company Limited Pair Trading Analysis
The ability to find closely correlated positions to PetroChina Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroChina Company 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 PetroChina Company - 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 PetroChina Company Limited to buy it.
The correlation of PetroChina Company 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 PetroChina Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroChina Limited 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 PetroChina Company 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 PetroChina Company position
In addition to having PetroChina Company 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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Other Information on Investing in PetroChina Stock
To fully project PetroChina Company's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PetroChina Limited 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 PetroChina Company's income statement, its balance sheet, and the statement of cash flows.