Earnings for Big Oil backpaddle as natgas prices tumble
| ICPUX Fund | USD 5.98 0.05 0.83% |
Slightly above 58% of Williston Basinmid's investor base is looking to short. The analysis of overall sentiment of trading Williston Basinmid North America mutual fund suggests that many investors are alarmed at this time. Williston Basinmid's investing sentiment can be driven by a variety of factors including economic data, Williston Basinmid's earnings reports, geopolitical events, and overall market trends.
Williston |
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. In the U.S., Exxon Mobil missed Wall Street earnings targets on larger-than-forecast drop in natural gas earnings and Chevron beat tempered expectations with better-than-expected U.S. oil production. French oil major TotalEnergies also slightly beat analysts forecasts as good refining margins partially offset a steep drop in profits from natural gas.
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Williston Basinmid Fundamental Analysis
We analyze Williston Basinmid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Williston Basinmid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Williston Basinmid based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Total Asset
Total Asset Comparative Analysis
Williston Basinmid is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Williston Basinmid Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Williston Basinmid mutual fund to make a market-neutral strategy. Peer analysis of Williston Basinmid could also be used in its relative valuation, which is a method of valuing Williston Basinmid by comparing valuation metrics with similar companies.
Peers
Williston Basinmid Related Equities
| GAGEX | Guinness Atkinson | 0.08 | ||||
| IDIVX | Integrity Dividend | 0.36 | ||||
| IEYAX | Ivy Energy | 1.06 | ||||
| MDGRX | Blackrock Natural | 1.24 | ||||
| MDU | MDU Resources | 1.36 |
Other Information on Investing in Williston Mutual Fund
Williston Basinmid financial ratios help investors to determine whether Williston Mutual Fund 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 Williston with respect to the benefits of owning Williston Basinmid security.
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