Orient Rental Modaraba Stock EBITDA
| ORM Stock | 8.07 0.02 0.25% |
Orient Rental Modaraba fundamentals help investors to digest information that contributes to Orient Rental's financial success or failures. It also enables traders to predict the movement of Orient Stock. The fundamental analysis module provides a way to measure Orient Rental'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 Orient Rental stock.
Orient |
Orient Rental Modaraba Company EBITDA Analysis
Orient Rental's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Orient Rental Modaraba reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the Financials average (which is currently at 0.0) sector and about the same as Banking Services (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
Orient EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orient Rental's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Orient Rental could also be used in its relative valuation, which is a method of valuing Orient Rental by comparing valuation metrics of similar companies.Orient Rental is currently under evaluation in ebitda category among its peers.
About Orient Rental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Orient Rental Modaraba's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orient Rental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orient Rental Modaraba 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 Orient Rental
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 Orient Rental 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 Orient Rental will appreciate offsetting losses from the drop in the long position's value.Moving together with Orient Stock
Moving against Orient Stock
The ability to find closely correlated positions to Orient Rental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orient Rental 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 Orient Rental - 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 Orient Rental Modaraba to buy it.
The correlation of Orient Rental 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 Orient Rental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orient Rental Modaraba 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 Orient Rental 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.Additional Tools for Orient Stock Analysis
When running Orient Rental's price analysis, check to measure Orient Rental'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 Orient Rental is operating at the current time. Most of Orient Rental's value examination focuses on studying past and present price action to predict the probability of Orient Rental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Rental's price. Additionally, you may evaluate how the addition of Orient Rental to your portfolios can decrease your overall portfolio volatility.