Imperial Oil Stock Target Price

IMO Stock  CAD 103.09  0.61  0.60%   
Imperial Oil fundamentals help investors to digest information that contributes to Imperial Oil's financial success or failures. It also enables traders to predict the movement of Imperial Stock. The fundamental analysis module provides a way to measure Imperial Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Imperial Oil stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Imperial Target Price Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Imperial Oil's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Imperial Oil could also be used in its relative valuation, which is a method of valuing Imperial Oil by comparing valuation metrics of similar companies.
Imperial Oil is currently under evaluation in target price category among its peers.

Imperial Oil ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Imperial Oil's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Imperial Oil's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Imperial Fundamentals

About Imperial Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Imperial Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Imperial Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Imperial Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Imperial Oil

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 Imperial Oil 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 Imperial Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Imperial Stock

  0.82ENB-PFV Enbridge Pref 5PairCorr
  0.77ENB-PFU Enbridge Pref LPairCorr
  0.64ENS E Split CorpPairCorr

Moving against Imperial Stock

  0.56SLF-PG Sun Life NonPairCorr
  0.54SAGE Sage Potash CorpPairCorr
  0.51MFC-PC Manulife Finl SrsPairCorr
  0.43SLF-PD Sun Life FinancialPairCorr
  0.36SLF-PC Sun Life FinancialPairCorr
The ability to find closely correlated positions to Imperial Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Oil 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 Imperial Oil - 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 Imperial Oil to buy it.
The correlation of Imperial Oil 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 Imperial Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Oil 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 Imperial Oil 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
When determining whether Imperial Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imperial Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Imperial Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imperial Oil Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.