Chesapeake Financial Statements From 2010 to 2024
| CHKRDelisted Stock | USD 1.18 0.00 0.00% |
Check Chesapeake Granite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chesapeake Granite's main balance sheet or income statement drivers, such as , as well as many indicators such as . Chesapeake financial statements analysis is a perfect complement when working with Chesapeake Granite Valuation or Volatility modules.
Chesapeake |
Chesapeake Granite Wash Company Operating Margin Analysis
Chesapeake Granite's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Chesapeake Granite Operating Margin | 0.92 % |
Most of Chesapeake Granite's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chesapeake Granite Wash is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Chesapeake Granite Wash has an Operating Margin of 0.9227%. This is 87.1% lower than that of the Oil, Gas & Consumable Fuels sector and 96.52% lower than that of the Energy industry. The operating margin for all United States stocks is 116.75% lower than that of the firm.
Chesapeake Granite Wash Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chesapeake Granite's current stock value. Our valuation model uses many indicators to compare Chesapeake Granite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chesapeake Granite competition to find correlations between indicators driving Chesapeake Granite's intrinsic value. More Info.Chesapeake Granite Wash is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chesapeake Granite Wash is roughly 1.56 . 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 Chesapeake Granite's earnings, one of the primary drivers of an investment's value.About Chesapeake Granite Financial Statements
Chesapeake Granite shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Chesapeake Granite investors may analyze each financial statement separately, they are all interrelated. The changes in Chesapeake Granite's assets and liabilities, for example, are also reflected in the revenues and expenses on on Chesapeake Granite's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. Chesapeake Granite Wash Trust was incorporated in 2011 and is based in Houston, Texas. Chesapeake Granite operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange.
Pair Trading with Chesapeake Granite
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 Chesapeake Granite 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 Chesapeake Granite will appreciate offsetting losses from the drop in the long position's value.Moving together with Chesapeake Pink Sheet
Moving against Chesapeake Pink Sheet
The ability to find closely correlated positions to Chesapeake Granite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesapeake Granite 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 Chesapeake Granite - 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 Chesapeake Granite Wash to buy it.
The correlation of Chesapeake Granite 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 Chesapeake Granite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesapeake Granite Wash 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 Chesapeake Granite 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Chesapeake Pink Sheet
If you are still planning to invest in Chesapeake Granite Wash check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Chesapeake Granite's history and understand the potential risks before investing.
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