Baker Hughes Company Soars to 52-Week High, Time to Cash Out?
| OEPIX Fund | USD 89.54 1.43 1.57% |
Slightly above 62% of Oil Equipment's investor base is looking to short. The analysis of overall sentiment of trading Oil Equipment Services mutual fund suggests that many investors are alarmed at this time. Oil Equipment's investing sentiment can be driven by a variety of factors including economic data, Oil Equipment's earnings reports, geopolitical events, and overall market trends.
Oil |
Baker Hughes is at a 52-week high, but can investors hope for more gains in the future We take a look at the companys fundamentals for clues.
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Oil Equipment Fundamental Analysis
We analyze Oil Equipment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Equipment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Equipment 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.
Ten Year Return
Ten Year Return Comparative Analysis
Oil Equipment is currently under evaluation in ten year return among similar funds. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Oil Equipment Services 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 Oil Equipment mutual fund to make a market-neutral strategy. Peer analysis of Oil Equipment could also be used in its relative valuation, which is a method of valuing Oil Equipment by comparing valuation metrics with similar companies.
Peers
Oil Equipment Related Equities
| UIPIX | Ultrashort Mid | 1.02 | ||||
| UIPSX | Ultrashort Mid | 1.01 | ||||
| TEPSX | Technology Ultrasector | 0.68 | ||||
| TEPIX | Technology Ultrasector | 0.67 | ||||
| BRPIX | Bear Profund | 0.53 | ||||
| BRPSX | Bear Profund | 0.50 | ||||
| SRPIX | Short Real | 0.49 | ||||
| SRPSX | Short Real | 0.43 | ||||
| LGPSX | Profunds Large | 0.19 | ||||
| LGPIX | Large Cap | 0.19 |
Other Information on Investing in Oil Mutual Fund
Oil Equipment financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil Equipment security.
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