Whiting Petroleum Beta vs. Return On Asset
| WLLBW Stock | USD 6.43 1.13 21.32% |
For Whiting Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Whiting Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Whiting Petroleum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Whiting Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Whiting Petroleum over time as well as its relative position and ranking within its peers.
Whiting |
Whiting Petroleum Return On Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Whiting Petroleum's current stock value. Our valuation model uses many indicators to compare Whiting Petroleum value to that of its competitors to determine the firm's financial worth. Whiting Petroleum is rated first in beta category among its peers. It is rated first in return on asset category among its peers . The ratio of Beta to Return On Asset for Whiting Petroleum is about 10,270 . 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 Whiting Petroleum's earnings, one of the primary drivers of an investment's value.Whiting Return On Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Whiting Petroleum |
| = | 4.11 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
Whiting Petroleum |
| = | 4.0E-4 |
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.
Whiting Return On Asset Comparison
Whiting Petroleum is currently under evaluation in return on asset category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Whiting Petroleum will likely underperform.
Whiting Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Whiting Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Whiting Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of Whiting Petroleum's change in net profit over the period of time. It can combine multiple indicators of Whiting Petroleum, 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.
Chord Energy Corporation operates as an independent exploration and production company. The company was founded in 2007 and is headquartered in Houston, Texas. Whiting Petroleum operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 255 people.
Whiting Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Whiting Petroleum. 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 Whiting Petroleum 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 Whiting Petroleum's important profitability drivers and their relationship over time.
Use Whiting Petroleum 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 Whiting Petroleum 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 Whiting Petroleum will appreciate offsetting losses from the drop in the long position's value.Whiting Petroleum Pair Trading
Whiting Petroleum Pair Trading Analysis
The ability to find closely correlated positions to Whiting Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whiting Petroleum 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 Whiting Petroleum - 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 Whiting Petroleum to buy it.
The correlation of Whiting Petroleum 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 Whiting Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whiting Petroleum 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 Whiting Petroleum 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 Whiting Petroleum position
In addition to having Whiting Petroleum 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 Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 47 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 Books Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Whiting Pink Sheet Analysis
When running Whiting Petroleum's price analysis, check to measure Whiting Petroleum'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 Whiting Petroleum is operating at the current time. Most of Whiting Petroleum's value examination focuses on studying past and present price action to predict the probability of Whiting Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whiting Petroleum's price. Additionally, you may evaluate how the addition of Whiting Petroleum to your portfolios can decrease your overall portfolio volatility.