Petro Matad Price To Earning vs. Current Liabilities
| PRTDF Stock | USD 0.01 0.01 58.51% |
For Petro Matad profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Petro Matad to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Petro Matad Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Petro Matad's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Petro Matad Limited over time as well as its relative position and ranking within its peers.
Petro |
Petro Matad Limited Current Liabilities vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Petro Matad's current stock value. Our valuation model uses many indicators to compare Petro Matad value to that of its competitors to determine the firm's financial worth. Petro Matad Limited is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in current liabilities category among its peers creating about 327,869 of Current Liabilities per Price To Earning. 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 Petro Matad's earnings, one of the primary drivers of an investment's value.Petro Current Liabilities vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Petro Matad |
| = | 6.10 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Petro Matad |
| = | 2 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Petro Matad Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Petro Matad, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Petro Matad will eventually generate negative long term returns. The profitability progress is the general direction of Petro Matad's change in net profit over the period of time. It can combine multiple indicators of Petro Matad, 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.
Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. The company was incorporated in 2007 and is based in Douglas, the United Kingdom. Petro Matad operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Petro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Petro Matad. 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 Petro Matad 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 Petro Matad's important profitability drivers and their relationship over time.
Use Petro Matad 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 Petro Matad 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 Petro Matad will appreciate offsetting losses from the drop in the long position's value.Petro Matad Pair Trading
Petro Matad Limited Pair Trading Analysis
The ability to find closely correlated positions to Petro Matad could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Petro Matad 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 Petro Matad - 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 Petro Matad Limited to buy it.
The correlation of Petro Matad 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 Petro Matad moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petro Matad 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 Petro Matad 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 Petro Matad position
In addition to having Petro Matad 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Petro Pink Sheet
To fully project Petro Matad's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Petro Matad 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 Petro Matad's income statement, its balance sheet, and the statement of cash flows.