Whitecap Resources Return On Equity vs. Net Income
| SPGYF Stock | USD 7.23 0.24 3.21% |
For Whitecap Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Whitecap Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Whitecap Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Whitecap Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Whitecap Resources over time as well as its relative position and ranking within its peers.
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Whitecap Resources Net Income vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Whitecap Resources's current stock value. Our valuation model uses many indicators to compare Whitecap Resources value to that of its competitors to determine the firm's financial worth. Whitecap Resources is rated below average in return on equity category among its peers. It is currently regarded as top stock in net income category among its peers making up about 4,783,702,208 of Net Income per Return On Equity. 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 Whitecap Resources' earnings, one of the primary drivers of an investment's value.Whitecap Net Income 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.
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| = | 0.37 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Whitecap Resources |
| = | 1.78 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Whitecap Net Income Comparison
Whitecap Resources is currently under evaluation in net income category among its peers.
Whitecap Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Whitecap Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Whitecap Resources will eventually generate negative long term returns. The profitability progress is the general direction of Whitecap Resources' change in net profit over the period of time. It can combine multiple indicators of Whitecap Resources, 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.
Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. Whitecap Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 453 people.
Whitecap Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Whitecap Resources. 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 Whitecap Resources 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 Whitecap Resources' important profitability drivers and their relationship over time.
Use Whitecap Resources 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 Whitecap Resources 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 Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.Whitecap Resources Pair Trading
Whitecap Resources Pair Trading Analysis
The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources 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 Whitecap Resources - 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 Whitecap Resources to buy it.
The correlation of Whitecap Resources 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 Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources 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 Whitecap Resources 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 Whitecap Resources position
In addition to having Whitecap Resources 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture 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 Agriculture Theme or any other thematic opportunities.
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Other Information on Investing in Whitecap Pink Sheet
To fully project Whitecap Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Whitecap Resources 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 Whitecap Resources' income statement, its balance sheet, and the statement of cash flows.