Valeura Net Income Per E B T from 2010 to 2024

VLE Stock  CAD 6.63  0.34  4.88%   
Valeura Energy Net Income Per E B T yearly trend continues to be very stable with very little volatility. Net Income Per E B T is likely to grow to 0.90 this year. During the period from 2010 to 2024, Valeura Energy Net Income Per E B T quarterly data regression pattern had range of 6.5519 and standard deviation of  1.64. View All Fundamentals
 
Net Income Per E B T  
First Reported
2010-12-31
Previous Quarter
0.86086098
Current Value
0.9
Quarterly Volatility
1.63719966
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Valeura Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Valeura Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 135.2 M, Interest Expense of 8.1 M or Selling General Administrative of 28.6 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0 or PTB Ratio of 0.71. Valeura financial statements analysis is a perfect complement when working with Valeura Energy Valuation or Volatility modules.
  
This module can also supplement various Valeura Energy Technical models . Check out the analysis of Valeura Energy Correlation against competitors.

Pair Trading with Valeura Energy

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 Valeura Energy 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 Valeura Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Valeura Stock

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Moving against Valeura Stock

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The ability to find closely correlated positions to Valeura Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valeura Energy 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 Valeura Energy - 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 Valeura Energy to buy it.
The correlation of Valeura Energy 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 Valeura Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valeura Energy 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 Valeura Energy 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Valeura Stock

Valeura Energy financial ratios help investors to determine whether Valeura Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Valeura with respect to the benefits of owning Valeura Energy security.